Tag: banking
PM requests bankers to ensure capital for production, business
Credit loans must be always available for production and business enterprises, especially those operating in such areas as agriculture, export and high-tech, Prime Minister Nguyen Xuan Phuc said on December 26.
Vietnam obtains GDP growth of 2.8% in 2020: Finance Minister
VOV.VN - Vietnam is expected to achieve a GDP growth rate of 2.8% this year, a significant figure among new emerging economies despite the impact of the COVID-19 pandemic, revealed Finance Minister Dinh Tien Dung.
SHB named “Bank of the Year” 2020 Vietnam
Saigon - Hanoi Commercial Joint Stock Bank (SHB) has just become the only Vietnamese representative to be honoured as “Bank of the Year 2020” by The Banker magazine.
Credit growth forecast to hit 11% by year-end
The banking industry's credit is projected to have expanded 11% for the year by the end of December, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu revealed at a press conference on December 24.
Vietnam to stop issuing magnetic strip cards from March
Vietnamese banks will only be allowed to issue chip cards from March 31, 2021, according to a State Bank of Vietnam (SBV) draft circular.
Portal launched to help firms gain more insights into FTAs
VOV.VN - A portal of Free Trade Agreements (FTAP) made its debut in Hanoi on December 23 in an effort to help local businesses and people gain greater insights into the benefits brought about by the FTAs that Vietnam has signed with its partners.
Vietnam backs long-term solution to Middle East peace process
VOV.VN - The nation supports the intermediary role of the UN and welcomes the launch of international co-operation initiatives that serve to reach a fair, sustainable, and long-term solution to the Middle East peace process.
Vietnam Business Forum 2020 opens on Dec. 22
The annual Vietnam Business Forum (VBF) 2020 opened in Hanoi on Dec. 22 with the theme “Challenges and opportunities in the new normal”.
WB forecasts Vietnamese economy to expand by around 6.8% in 2021
VOV.VN - Looking ahead, Vietnam’s prospects appear positive as the economy is projected to grow by about 6.8% in 2021 and, thereafter, stabilize at around 6.5%, according to the latest World Bank’s economic update for Vietnam “Taking Stock” released on December 21.
US’s branding of Vietnam as money manipulator biased: Experts
The US Treasury Department’s labelling of Vietnam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations, according to experts.
