The Republic of Korea (RoK)’s Woori Bank inaugurated its new branch in the Mekong Delta city of Can Tho on November 8, increasing the number of its offices in Vietnam to 21 after 26 years of operation in the country.

VOV.VN - The US Department of the Treasury has continued not to name Vietnam as a currency manipulator in its latest semi-annual report on the macro-economic and foreign exchange policies of major trading partners of the US, the State Bank of Vietnam (SBV) reported on November 8.

The State Bank of Vietnam (SBV) will step up the information work to further popularise the social housing loan package among the public given its sluggish disbursement, SBV Governor Nguyen Thi Hong said at a question and answer session of the 15th National Assembly in Hanoi on November 6.

A project for developing waterway corridors and logistics in the southern region funded by the World Bank (WB) has just been approved by the Ministry of Transport.

There is an increasing preference for digital banking and new payment modes such as mobile banking apps, e-wallets, QR code-based payments, e-commerce payment platforms and mobile wallet debit or credit cards among Vietnamese consumers, the United Overseas Bank (UOB) said in its report “ASEAN Consumer Sentiment Study" (ACSS) which was launched on November 1.

The Vietnamese Government always considers the World Bank (WB) a close friend and a significant development partner, Prime Minister Pham Minh Chinh told WB Country Director in Vietnam Carolyn Turk during a reception in Hanoi on October 27.

The Asian Development Bank (ADB) and the State Bank of Vietnam (SBV) on October 25 held a kick-off ceremony marking the implementation of the Swiss-funded US$5 million technical assistance, which aims to nurture financial technologies (fintech) serving the improvement of financial inclusion in Vietnam.

Hanoi hopes for the World Bank's continued support to and collaboration with Hanoi in the implementation of projects across various fields, including wastewater management and the establishment of ten urban railway routes.

The bad debt ratio of the banking system skyrocketed from 2% at the beginning of this year to 3.56%, or more than VND440 trillion, at the end of July 2023, according to the latest data from the State Bank of Vietnam (SBV).

Standard Chartered Vietnam and the State Bank of Vietnam (SBV) have jointly organised a conference themed “Accelerating women in banking for new challenges resolution” in Hanoi.