Sixteen commercial banks cut over VND21.24 trillion (US$936 million) of loan interest for COVID-19-hit customers from July 15 to December 31, 2021, surpassing their commitment by 5.13%, the State Bank of Vietnam (SBV) reported on February 9.
VOV.VN - Japanese shareholder Sumitomo Mitsui Banking Corporation (SMBC) has announced the termination of a strategic alliance agreement signed with Vietnam Export Import Commercial Joint Stock Bank (Eximbank), dantri.com.vn reported.
Analysts of many foreign investment funds and local securities companies expect bank stocks will continue to record positive results in 2022.
VOV.VN - The Ministry of Natural Resources and Environment (MoNRE) and the US Agency for International Development (USAID) on January 28 signed a Memorandum of Understanding (MoU) aiming to deal with the complex challenges of climate change and environmental pollution.
One major “side effect” of the COVID-19 pandemic, amidst the unprecedented toll that it has exacted, is that it has catalysed digital transformation across all sectors, particularly in financial services.
Remittances to Ho Chi Minh City reached around US$6.6 billion in 2021, up 9% from the previous year, according to Nguyen Hoang Minh, head of the Vietnam Banks Association’s Office in HCM City.
VOV.VN - Vietnam and the UK have enjoyed plenty of co-operation opportunities in the process of meeting green growth targets, UK Ambassador Gareth Ward has affirmed.
Given Vietnam's high solar PV potential and ambitious green energy targets by 2050, the country has every opportunity to become a global leader in renewables, the Entrepreneur Magazine said on its e-edition.
The deposit growth rate of individual customers at banks slowed last year due to the impacts of the pandemic.
VOV.VN - The Ministry of Industry and Trade (MoIT), the European Union in Vietnam, and the World Bank co-hosted the 4th High-Level Meeting of the Vietnam Energy Partnership Group (VEPG) in Hanoi on January 24.