The State Bank of Vietnam (SBV) has expected credit growth to hit 14-15% this year, leaving a possibility that it might adjust the orientation to suit the actual business situation and developments.

Many banks reported negative results in securities trading and investment in 2022 due to the interest rate hike, the exchange rate uncertainty, the sharp decline of stock indices and the ‘freezing’ of the corporate bond market, cafef.vn reported.

VOV.VN - The Southeast Asia Commercial Joint Stock Bank (SeABank) has been named the Best Bank in Vietnam 2022 by UK-based The Banker magazine following its outstanding performance in the banking sector.

The Trade Office of Vietnam in India held a webinar on February 8 to update Vietnamese businesses about regulations and procedures for opening branches in the South Asian country.

The State Bank of Vietnam (SBV) has never issued any documents or statements ordering credit for real estate be tightened, Deputy Governor Dao Minh Tu said on February 8.

Foreign ownership limits at credit institutions were expected to be raised to an appropriate level to attract foreign investment, which plays an important role in improving operational efficiency and accelerating the banking sector's restructuring.

Right from the beginning of 2023, many banks have announced their plans for merge and acquisition (M&A) deals and capital increase.

Vietnam National Petroleum Group (Petrolimex) just approved the resolution of the Board of Directors on a plan to disinvest in Petrolimex Group Commercial Joint Stock Bank (PG Bank).

VOV.VN - As Vietnam’s first global EV maker, VinFast has unveiled that it has selected the US Bank as its priority partner to provide long-term loan and leasing solutions in the United States for customers who rent VinFast’s electric vehicles (EVs) through the US Bank.

The State Bank of Vietnam has issued new regulations on cases of purchasing, sending, and bringing foreign currencies abroad for sponsorship and assistance purposes of organizations.