Tag: banking
Firms await new bank incentive policies
The State Bank of Vietnam (SBV) is consulting on a draft circular for incentive policies to support firms with access to bank loans to overcome difficulties in the COVID-19 pandemic.
Adjusting ownership rate for foreign investors in banking sector is a long-term strategy
As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.
SHB to transfer 100% of capital in SHB Finance to Thailand's Krungsri
SHB has signed agreements to transfer charter capital at SHbank Finance Company Limited (SHB Finance) to Bank of Ayudhya in Thailand, commonly known as Krungsri – a strategic member of the Mitsubishi UFJ Financial Group (MUFG).
Measures to turn Vietnam into digital powerhouse: WB economist
World Bank (WB) Lead Economist and Programme Leader for Vietnam Jaques Morriset has pointed out solutions to turn the Southeast Asian nation into a digital powerhouse.
WB, Japan support strengthening pandemic preparedness in Vietnam
VOV.VN - The World Bank and the Institute for Social Development Studies have signed an agreement for a US$2.75 million grant provided by the Japan Social Development Fund for the “Strengthening preparedness and response to COVID-19 at the grassroots level in Vietnam” Project.
Banks continually cut lending rates to aid pandemic-affected customers
Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impact of the COVID-19 pandemic.
Aviation business association seeks central bank’s support for airlines
The Vietnam Aviation Business Association (VABA) has sent a document to the Governor of the State Bank of Vietnam (SBV) requesting support for domestic airlines.
What message will US VP Kamala Harris bring to Vietnam?
VOV.VN - US Vice President Kamala Harris is making her first visit to Vietnam from August 24 to August 26 amid the relationship between the two countries continuing to witness positive development momentum.
WB lowers Vietnam’s GDP forecast to 4.8% in 2021
VOV.VN - Vietnam’s GDP is expected to expand by about 4.8% in 2021, or 2% lower than the projection made by the World Bank Group in December 2020, the WB says in its latest edition Taking Stock released on August 24.
Domestic Advisory Group set up under EVFTA
Minister of Industry and Trade Nguyen Hong Dien has signed a decision on the establishment of a Domestic Advisory Group (DAG) under Article 13.15 of Chapter 13 on Trade and Sustainable Development, the EU-Vietnam Free Trade Agreement.
