Tag: banks
Bitter lessons for Vietnamese firms in suspected cashew nut export scam
VOV.VN - A recent suspected scam involving local businesses exporting cashew nuts to Italy has raised alarm bells for exporters amid increasing transnational trade fraud.
Local bank raises US$260 million in international syndicated loans
VIB has raised US$260 million in international syndicated loans from the Asian Development Bank (ADB), United Overseas Bank Limited (UOB) and nine Asian financial institutions.
World Bank a highly important development partner of Vietnam: PM
Prime Minister Pham Minh Chinh received World Bank (WB) Regional Vice President for East Asia and Pacific Manuela V. Ferro in Hanoi on March 21, affirming that the Vietnamese Government always views the WB as a good friend and a highly important development partner.
Vietnamese exports to CPTPP markets enjoy positive growth
VOV.VN - The initial three years of enforcing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Agreement has been a challenging period for the global economy and trade, although Vietnamese exports to this market continued to see positive growth.
Banks ensure fuel firms have access to more credit
The State Bank of Vietnam (SBV) has issued Document No 1509, asking commercial banks to raise credit limits for a number of fuel firms, particularly those who import extra fuel at the request of the Ministry of Industry and Trade (MoIT).
Industrial production index up 8.5% in February
Vietnam's index of industrial production (IIP) in February rose by 8.5% year-on-year, marking the fourth consecutive monthly increase, according to the Ministry of Industry and Trade (MoIT).
Cashew exporters risk losing hundreds of millions of US$ due to scam in Italy
VOV.VN - Prime Minister Pham Minh Chinh has directed relevant ministries to co-ordinate efforts in a bid to clarify a suspected scam involving 100 cashew nut containers exported from Vietnam to the European market.
Businesses advised to utilise FTAs to enhance export resilience
VOV.VN - Local businesses have been recommended to seek new markets and innovations into new products through global value chains (GVCs), whilst making use of existing free trade agreements (FTAs) to strengthen export resilience, according to the World Bank (WB)’s March Vietnam Macro Monitoring.
ADB specialist proposes ways to empower women-owned firms in Vietnam
Principal Private Sector Development Specialist of the Asian Development Bank (ADB) Donald Lambert has pointed out three ways that banking boards need to do to further empower women’s businesses in Vietnam.
Banking sector optimistic despite ongoing conflict in Europe
It's too early to tell how the ongoing Russia-Ukraine conflict will affect Vietnam's banking sector, said industry experts.
