Tag: banks
VPBank, SMBC agree to US$200 million syndicated loan
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on October 27 signed a US$200 million loan fund with Sumitomo Mitsui Banking Corporation (SMBC).
First overall report reviews local gender equality situation
VOV.VN - Country Gender Equality Profile Vietnam 2021 (CGEP), the first comprehensive report on the gender equality situation in Vietnam, was released at a meeting on October 26 by the UN Women, the Australian Embassy in Vietnam, the Asian Development Bank and the International Labour Organisation.
Banking sector promises sufficient funding for businesses post-pandemic
The banking sector will provide enough credit to businesses at supportive interest rates this quarter to help revive them, according to the State Bank of Vietnam’s Ho Chi Minh City branch.
Vietnamese ports among top 50 Container Port Performance Index
VOV.VN - Three local ports have been listed among the top 50 of the Container Port Performance Index (CPPI), as launched by the World Bank and IHS Markit.
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JICA partners with VP Bank in promoting financial access for women-led SMS in Vietnam
The Japan International Cooperation Agency (JICA) on October 20 signed a US$75 million loan agreement with the Vietnam Prosperity Joint Stock Commercial Bank (VP Bank) to promote financial access among women-led enterprises through the Private Sector Investment and Finance (PSIF).
Overseas remittances to HCM City up 22% despite COVID-19
The flow of overseas remittances to Ho Chi Minh City reached US$5.1 billion in the first nine months of 2021, up 22% year on year, the State Bank of Vietnam’s Branch in the city has reported.
Vietnam eyes building blue economy partnership group
The Vietnam Administration of Sea and Islands (VASI) at the Ministry of Natural Resources and Environment and the World Bank on October 19 jointly held a virtual consultation workshop on the building of a Blue Economy partnership group.
Seminar seeks to improve firms’ role in climate change response
A seminar on promoting the involvement of pioneering enterprises in natural disaster prevention and control, and response to climate change and epidemics was held in Hanoi on October 15.
SBV says no to more rate cuts this year
The State Bank of Vietnam (SBV) will keep the current deposit interest rates and lending rates unchanged until the end of this year to ensure the banking system’s liquidity and benefits for depositors.
EVFTA helps buffer economic downturn impact: The Business Times
Given the COVID-19 pandemic, the EU-Vietnam Free Trade Agreement (EVFTA), which entered into force in August 2020, has helped to boost two-way trade and buffer the impact of the economic downturn, according to an article posted on October 13 by The Business Times of Singapore.
