The Bank for International Settlements (BIS) will continue to accompany and support the State Bank of Vietnam (SBV) in investing in payment and financial infrastructure development and promoting digital transformation, contributing to improving risk management in the local banking sector, stated BIS General Manager Agustin Carstens.
Allowing banks access to Vietnam’s population database has set the foundation for the banking sector to expand and provide digital services to more customers, as well as improve security, prevent fraud and identity theft, according to the State Bank of Vietnam's (SBV) Deputy Governor Pham Tien Dung.
VOV.VN - Steady FDI commitment and disbursement reflects the continued interest of foreign investors’ in business opportunities in the Vietnamese market despite global uncertainties, according to the World Bank (WB) in its Vietnam Macro Monitoring edition for August.
The Ho Chi Minh City Housing Development Commercial Joint Stock Bank (HDBank) has been recently honoured as the “Leading Partner Bank in Vietnam” by the Asian Development Bank (ADB).
VOV.VN - HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) was honoured as the Best International Investment Bank in Vietnam at Asiamoney's Best Bank Awards 2023.
VOV.VN - The Asian Development Bank (ADB) and GreenYellow Smart Solutions Vietnam Co., Ltd. (Green Yellow), have signed a loan agreement of up to US$13.8 million for rooftop photovoltaic (PV) solar systems in a bid to help increase the supply of clean and affordable energy for commercial and industrial consumers based in Vietnam.
Prime Minister Pham Minh Chinh on September 7 received World Bank (WB) President Ajay Banga in Jakarta on the sideline of the 43rd ASEAN Summit and related meetings in Indonesia.
The foreign exchange rate has significantly fluctuated recently but experts forecast the rate in the remaining months of 2023 will not be under great pressure as in 2022.
VOV.VN - In order maintain "ASEAN's stature" as "the epicenter of growth", the bloc’s self-reliance must be enhanced through promoting economic linkages, expanding internal markets, and easing trade and investment flows.
Thailand’s Kasikornbank (KBank) is exploring an acquisition deal with Home Credit Vietnam as part of its ASEAN business expansion.