Tag: banking
Banks cut transaction fees to aid customers amid pandemic
The State Bank of Vietnam (SBV) has directed credit institutions to reduce some transaction fees from August 1 this year to support customers amid the outbreak of the latest COVID-19 pandemic.
Banking and finance sector prioritises cyber security
VOV.VN - Digital transformation of the banking and finance sector has made cyber security and information safety a major concern.
Banks to tighten credit in risky sectors in remaining months of this year
Banks will continue to tighten lending in risky sectors including securities, real estate, financial, and tourism business, seeing higher credit risks in the remaining months of this year, a survey carried out by the Monetary Forecasting and Statistics Department has said.
COVID stalls personnel hiring, but demand set to zoom: employment firm
Insurance, banking and securities are among the industries with the highest hiring needs in the third quarter of the year, according to job services provider Navigos Group.
WB to support 600 Vietnamese SMEs
About 600 small and medium-sized enterprises (SMEs) in Vietnam will get support in applying technology solutions to improve labour productivity and their competitiveness as part of a project launched on July 22 by the World Bank (WB).
Govt rolls out interest-free loans for companies to pay salaries
The Vietnam Bank for Social Policies has begun accepting applications from businesses for interest-free loans to fund furlough and salary payments, its deputy director Bui Van Son has said.
Vietnam welcomes exchange rate policy agreement with US
VOV.VN - Vietnam welcomes the outcomes of the online talks on July 19 between Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong and US Secretary of the Treasury Janet L. Yellen, and the deal reached the same day between the SBV and the US Department of Treasury on exchange rate policy.
SBV continues exchange rate flexibility to ease US currency concerns
The State Bank of Vietnam (SBV) pledges to continue fostering exchange rate flexibility while maintaining macroeconomic and financial market stability, so as to ease concerns from the US Department of Treasury about the country’s currency practices.
ADB project helps boost climate resilience in Vietnam’s health system
The Asian Development Bank (ADB) announced on July 19 its assessment of a six-year project helping boost the capacity of health systems in Cambodia, Laos, and Vietnam to climate-induced health threats.
PVcomBank wins prestigious international awards
The Vietnam Public Joint Stock Commercial Bank (PVcomBank) has been honoured as the Best Trade Finance Bank, the Best Card Service Provider, and the Best Bank for Customer Services in Vietnam for 2021 among the Finance Derivative Awards.
