The Asian Development Bank (ADB) and the State Bank of Vietnam (SBV) on October 25 held a kick-off ceremony marking the implementation of the Swiss-funded US$5 million technical assistance, which aims to nurture financial technologies (fintech) serving the improvement of financial inclusion in Vietnam.

Hanoi hopes for the World Bank's continued support to and collaboration with Hanoi in the implementation of projects across various fields, including wastewater management and the establishment of ten urban railway routes.

The bad debt ratio of the banking system skyrocketed from 2% at the beginning of this year to 3.56%, or more than VND440 trillion, at the end of July 2023, according to the latest data from the State Bank of Vietnam (SBV).

Standard Chartered Vietnam and the State Bank of Vietnam (SBV) have jointly organised a conference themed “Accelerating women in banking for new challenges resolution” in Hanoi.

The State Bank of Vietnam (SBV) will continue to issue new bills to withdraw cash from the banking system as liquidity is abundant and interbank interest rates remain low, analysts forecast.

VOV.VN - Ho Chi Minh City made US$6.687 billion in overseas remittances during the first nine months of the year, an annual rise of 40% and 1.3% more than all of 2022, according to the local branch of the State Bank of Vietnam (SBV).

President of Vietnam Vo Van Thuong received President of the Asian Infrastructure Investment Bank (AIIB) Jin Liqun in Beijing on October 19, on the sidelines of the third Belt and Road Forum for International Cooperation in China.

Although Vietnam’s economy showed signs of recovery in the third quarter of this year, particularly in industrial production and exports, a significant increase in headline inflation has emerged as a cause for concern, prompting scrutiny from policymakers.

Saigon-Hanoi Commercial Joint Stock Bank (SHB) on October 17 signed a Memorandum of Understanding (MoU) with Busan Bank under BNK Financial Group of the Republic of Korea, officially establishing a comprehensive collaborative partnership between the two credit institutions, focusing on corporate, digital and investment banking.

Regarding the alleged export scam involving five containers of farm produce, including black pepper, cashew nuts, cinnamon and star anise to the United Arab Emirates (UAE), the Vietnam Pepper Association (VPA) announced on October 13 that payment for four containers has been retrieved and the remaining work is underway.