Tag: banking
Smart and sustainable cities to attract quality FDI
While sustainable smart cities are considered a solution to sustain international business investments, for Vietnam experts have advised local cities and provinces to prioritise building them to attract FDI.
Banks offer higher deposit rates after credit growth quota expanded
Many banks have increased their interest rates to attract more depositors after getting a credit growth quota expansion from the State Bank of Vietnam (SBV).
Vietnam does not manipulate its currency, says US Treasury Department
VOV.VN - The US Department of the Treasury released a report on December 3 affirming that Vietnam has not manipulated its currency (Vietnamese Dong – VND).
Vietnam eyes green and sustainable agriculture
Minister of Agriculture and Rural Development Le Minh Hoan and World Bank Country Director for Vietnam Carolyn Turk co-chaired a high-level policy dialogue on low-carbon green agricultural transformation and emissions reduction on November 30.
WB pledges further support to HCM City
The World Bank will always support Vietnam and Ho Chi Minh City in particular during the process of construction and development, WB Country Director for Vietnam Carolyn Turk said on November 29.
Overseas remittances estimated at US$18.1 billion despite pandemic
The World Bank and the Global Knowledge Partnership on Migration and Development (KNOMAD) forecast that remittance to Vietnam is estimated at US$18.1 billion in 2021.
ADB, PetroVietnam team up to promote green energy development in Vietnam
The Vietnam Oil and Gas Group (PetroVietnam) and the Asian Development Bank (ADB) on November 18 signed a Memorandum of Understanding (MOU) on establishing a strategic partnership for 2021-2024 to promote renewable energy development, and help PetroVietnam achieve targets in green energy transition.
Pandemic makes 85% of Vietnamese consumers likely to use digital banking in future
Around 85% of Vietnamese banking consumers are more likely to use online and digital banking services compared to 18 months ago, according to a new report from SaaS cloud banking platform Mambu.
Inflationary pressure remains big next year: SBV Governor
It is possible to keep the inflation under 4% this year but inflationary pressure is expected to be great next year, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong told the National Assembly’s Q&A session on November 12.
WB optimistic about prospects for Vietnamese economic recovery
VOV.VN - Despite Vietnam facing challenges in restarting its economy following a prolonged lockdown, positive dynamics observed in October would suggest continued pickup and strengthening of growth in coming months, according to the World Bank.
