HDBank has recently obtained the "Best Domestic Retail Bank" award by Asian Banking & Finance magazine, for the second consecutive year, for its impressive performance in the retail segment with modern products and services.

The State Bank of Vietnam (SBV) announced it could adjust monetary policies, including credit growth and incentives, in the remaining months of the year to cope with the COVID-19 pandemic.

Promoting non-cash payment, digital banking, and green banking is the direction of the banking sector in the 2020-2025 tenure, State Bank Governor Le Minh Hung told a meeting in Hanoi on August 17.

HSBC has issued VND600 billion (US$25.7 million) worth of bonds, becoming the first foreign bank to do so in Vietnam.

The International Finance Corporation (IFC), a member of the World Bank Group, announced on August 11 that it will provide a US$70 million loan to Indo Trans Logistics Corporation (ITL Corp).

Interest rates of home loans at commercial banks have tended to reduce significantly since the second half of July due to low capital demand from business and production.

The State Bank of Vietnam (SBV) has asked banks to further reduce operating costs in the remaining months of the year in order to continue lowering interest rates to support COVID-19 affected firms and individuals.

The State Bank of Vietnam (SBV) on August 6 announced its decision on cutting some policy rates with immediate effect, the second time this year following the adjustment on March 16.

VOV.VN - With the EU representing a meticulous market, there is no room for impatient businesses that show a lack of creativity or have poor-quality goods, meaning that local firms must be proactively innovative with their product quality.

There has been a major reshuffle in profit rankings at the top of the banking industry due to the effects of the pandemic and provisioning for bad debts.