Tag: banking
Malaysian bank CIMB expands operations in Vietnam
VOV.VN - Malaysian bank CIMB has been granted approval by the State Bank of Vietnam (SBV) to increase its charter capital to a figure exceeding VND3.92 trillion.
A roadmap to stop single-use plastic pollution in Vietnam
VOV.VN - The majority of plastics polluting Vietnam’s waterways are single-use, low-value items such as plastic bags, food containers, and straws, according to a World Bank study launched on July 25.
ADB maintains growth forecast for Vietnam
The Asian Development Bank (ADB) keeps this year’s growth forecast for Vietnam at 6.5% in 2022 and 6.7% in 2023 as released in the April 2022 Asian Development Outlook (ADO).
HCM City calls for US investment in financial, infrastructure sectors
A delegation of Ho Chi Minh City led by Chairman of the municipal People’s Committee Phan Van Mai met with several enterprises of the US on July 18 - 19 as part of their ongoing working trip to the US.
MB to set up commercial bank in Cambodia
The State Bank of Vietnam (SBV) has issued a written document allowing the Military Commercial Joint Stock Bank (MB) to establish a 100%-owned bank in Cambodia on the ground of its branch in Phnom Penh.
WB asked to prioritise soft infrastructure development in Vietnam
VOV.VN - National Assembly Chairman Vuong Dinh Hue has requested that the World Bank give priority to assisting Vietnam in developing its soft infrastructure, including financial and technical support for policymaking and ecosystem development.
Banks upbeat about Q3 2022 business results
A majority of credit institutions (CIs) are optimistic about their business performance in Q3 2022, the State Bank of Vietnam (SBV)’s latest survey on business trends of credit institutions showed.
Central bank sells greenback to stabilise forex market
The State Bank of Vietnam (SBV) has so far this year sold about US$12-13 billion to stabilise the domestic forex market, according to Viet Dragon Securities Corporation (VDSC).
WB pledges continued support for Vietnam’s future development
VOV.VN - The World Bank will continue to accompany the Government of Vietnam on its future development path to address strategic issues such as healthcare capacity, disease control and climate change adaptation, along with financial assistance.
WB Managing Director of Operations visits Vietnam
VOV.VN - Axel van Trotsenburg, the World Bank Managing Director of Operations is paying an official visit to Vietnam on July 18-19 with a view to discussing with Vietnamese leaders the evolution of World Bank - Vietnam partnership and areas of World Bank support over the next 4-5 years.
