Tag: banks
Singaporean site highlights Vietnam’s potential for fintech growth
One of Singapore's top pure-play digital content sites - asianone.com - on March 21 ran an article entitled “Vietnam: Can it become the Fintech Mecca of the east?”, highlighting that Vietnam’s fintech has reached new heights and its growth is fuelled by the newly introduced legal framework.
Silicon Valley Bank collapse not to impact VN: VinaCapital
The Silicon Valley Bank (SVB) collapse by itself will end up being neutral for Vietnam’s stock market and economy, Michael Kokalari, chief economist at investment fund VinaCapital, has said in a report.
MoMo, Western Union partner for money transfer in Vietnam
Vietnamese digital payment firm Momo and American multinational financial services company Western Union on March 20 announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app.
Standard Chartered Bank partners with Dear Our Community
Standard Chartered Bank has officially partnered with Dear Our Community as the title sponsor to launch the series “Opening the Way - Leading the Path" - the first content series featuring social impact practitioners targeting young audiences in Vietnam.
Central bank must keep a close on the financial market: WB
The State Bank of Vietnam must step up efforts in the management of the country's banking sector and prepare for all possible scenarios for timely and effective interventions, according to World Bank.
State Bank lowers regulatory interest rates by 0.5-1% from March 15
The State Bank of Vietnam (SBV) on March 14 issued two decisions to reduce regulatory interest rates by 0.5% to 1%, which will come into force on March 15.
WB predicts Vietnamese economy to grow by 6.3% in 2023
VOV.VN - Vietnamese economic growth is projected to ease to 6.3% in 2023 from a robust figure of 8% last year, as services growth eases and higher prices and interest rates weigh on households and investors, according to details given by the World Bank (WB)’s latest Taking Stock report released on March 13.
BIDV named as Best Foreign Exchange Bank in Vietnam
VOV.VN - The Bank for Investment and Development of Vietnam (BIDV) has been awarded the Best Foreign Exchange Bank in Vietnam by The Asian Banker (TAB) and Asian Banking & Finance (ABF) magazines.
Vietnamese banks need more women in leadership roles: IFC
VOV.VN - National banks should have more women in leadership roles as a way of promoting inclusive and high-productivity growth, according to a new study conducted by IFC in partnership with the State Bank of Vietnam.
Central bank grants first credit growth quota for banks in 2023
The State Bank of Vietnam (SBV) has recently granted the first credit growth quotas in 2023 to a number of banks, with a majority of them receiving lower rates than last year.
