Deposits at all banks, including the Saigon Commercial Bank (SCB), are guaranteed by the State in all cases, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong affirmed on October 10 when talking to the media regarding recent issues related to the SCB.

VOV.VN - Renowned Swiss French-language newspaper Agefi, a publication based in Geneva, recently released an article titled “Le Vietnam et les nouveaux tigres asiatiques”, “Vietnam and the new Asian tigers” in English, by author Guy Mettan, which outlines Vietnam’s role as one of the leading emerging economies and its important role in Asia.

The Vietnamese central bank’s move to lift short-term deposit rate caps is likely to raise the average cost of funds – both deposit and interbank rates – for Vietnamese commercial banks.

Given Vietnam’s strong economic recovery in the third quarter, the Singapore-based United Overseas Bank (UOB) has raised its forecast for the country’s GDP growth this year to 8.2%, from the previous prediction of 7%.

Foreign newspapers have highlighted Vietnam’s impressive success after the World Bank (WB) forecast that its economy will lead Asia with a growth rate of 7.2% this year, up from the previous forecast of 5.3% in April.

The Republic of Korea’s digital transformation policy and implications for Vietnam, Vietnam’s digital banking transformation policy, the importance of credit information system in digital transformation and the leap towards digitisation were discussed at a recent symposium in Hanoi.

Vietnam’s GDP growth in 2022 and 2023 will be among the highest in Southeast Asia as shown in many international organisations’ forecasts and assessments on the Vietnamese economic outlook.

VOV.VN - Italian media outlet La Repubblica recently published an article outlining Vietnam as a new tiger in Asia based on the World Bank’s 7.2% GDP growth forecast for the country this year.

VOV.VN - The World Bank (WB) has raised its GDP growth forecast for Vietnam this year to 7.2% from 5.3% in April, while the overall rate of the East Asia and Pacific region is projected at 3.2%.

Moving to low-carbon rice production offers the highest potential for Vietnam to meet its goal of cutting methane emissions by 30% by 2030 while boosting the competitiveness of a strategic export item, a new World Bank report says.