Tag: banking
Strong rise in bank profitability in first quarter
A number of banks recorded impressive growth in the first quarter and set a relatively strong profit growth target this year.
Project promotes development of climate change-resilient green cities
A project on integrating resilience to climate change with environmental protection in order to develop secondary green cities was launched at a workshop held by the Ministry of Natural Resources and Environment (MoNRE) and the Asian Development Bank (ADB) in Hanoi on April 9.
IMF forecasts 6.5% GDP for Vietnam this year
VOV.VN - Vietnam’s GDP growth rate is forecast to rise by 6.5% this year, a figure which is higher than the global average of 6%, before climbing to 7.2% in 2022, according to data released in the latest World Economic Outlook report compiled by the International Monetary Fund (IMF).
ADB proposes smart and energy efficient city project in Can Tho
The Asian Development Bank (ADB) has proposed to implement a smart and energy efficient city project (SEECP) with total investment of more than VND1.56 trillion (US$67.29 million) in the Mekong Delta city of Can Tho.
Debt classification policy extended to aid customers impacted by pandemic
The State Bank of Vietnam (SBV) has decided to extend a policy allowing commercial banks to keep debt classifications for COVID-19 affected borrowers unchanged to help customers access bank loans.
Over 6.4 million poor households access social policy bank loans
As of March, more than 6.4 million poor and near-poor households had won access to loans from the Vietnam Bank for Social Policies (VBSP).
First-ever digital timestamping service launched in Vietnam
SAVIS Technology Group, one of Vietnam’s top 10 tech firms, launched TrustCA Timestamp Signing, the first and only digital timestamping service in the country so far, in a Hanoi ceremony on March 31.
Banks required to issue chip cards for security
Vietnamese commercial banks are required to issue chip ATM cards to improve customers’ transaction security from March 31, according to the State Bank of Vietnam’s Circular No. 22/2020/TT-NHNN.
Australia, WB supports Vietnam’s data gender survey
The World Bank (WB) has signed an agreement with the State Bank of Vietnam (SBV) to provide a non-refundable aid worth AUD740,000 (US$563,000) through the the Australia-World Bank Group Strategic Partnership’s second phase to help Vietnam conduct a nationwide survey serving its gender policy making.
Vietnam's economy is set to grow 6.6% in 2021: WB
The World Bank (WB)'s latest update on East Asia and Pacific economies has highlighted the uneven recovery in the regional economies' growth, as countries are recovering from the impact of the COVID-19 pandemic.
