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Tag: banks

Digital transactions at many banks reach up to 98%: workshop
Digital transactions at many banks reach up to 98%: workshop

Digital transactions at many commercial banks have reached a rate of 97-98%, with the banking sector maintaining annual double-digit increases in both transaction volume and value, said Deputy Governor of the State Bank of Vietnam Pham Tien Dung at a recent workshop.

Digital transactions at many banks reach up to 98%: workshop

Digital transactions at many banks reach up to 98%: workshop

Germany’s media highlights Vietnam’s growth motives
Germany’s media highlights Vietnam’s growth motives

Germany international broadcaster Deutsche Welle (DW) recently ran an article on its website spotlighting several factors driving Vietnam’s economic growth.

Germany’s media highlights Vietnam’s growth motives

Germany’s media highlights Vietnam’s growth motives

Two worst performing banks transferred to Vietcombank and Military Bank
Two worst performing banks transferred to Vietcombank and Military Bank

VOV.VN - The State Bank of Vietnam on October 17 announced a decision on a mandatory transfer of two of the worst performing bank, Ocean Bank and Construction Bank, to the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Military Commercial Joint Stock Bank (MB).

Two worst performing banks transferred to Vietcombank and Military Bank

Two worst performing banks transferred to Vietcombank and Military Bank

Fifteen Vietnamese banks named in global top 500 banking brands
Fifteen Vietnamese banks named in global top 500 banking brands

Fifteen Vietnamese banks have been named among the world’s top 500 banking brands recently announced by the global leading brand valuation consultancy Brand Finance, according to the Vietnam Banks Association.

Fifteen Vietnamese banks named in global top 500 banking brands

Fifteen Vietnamese banks named in global top 500 banking brands

PM urges WB to provide concessional loans for key infrastructure projects
PM urges WB to provide concessional loans for key infrastructure projects

Vietnamese Prime Minister Pham Minh Chinh has called for the World Bank (WB)'s continued support and concessional loans targeting key infrastructure projects, including high-speed and urban rail systems, major seaports and airports.

PM urges WB to provide concessional loans for key infrastructure projects

PM urges WB to provide concessional loans for key infrastructure projects

AIIB asked to support Vietnam in mobilising resources for major projects
AIIB asked to support Vietnam in mobilising resources for major projects

Prime Minister Pham Minh Chinh asked the Asian Infrastructure Investment Bank (AIIB) to continue supporting Vietnam in mobilising resources to implement large-scaled projects such as the Lao Cai - Hanoi - Hai Phong and Lang Son - Hanoi standard-gauge railway ones during a reception for AIIB President Jin Liqun in Vientiane on October 10.

AIIB asked to support Vietnam in mobilising resources for major projects

AIIB asked to support Vietnam in mobilising resources for major projects

UOB ups Vietnam’s 2024 GDP growth forecast to 6.4%
UOB ups Vietnam’s 2024 GDP growth forecast to 6.4%

VOV.VN - Despite the impact of Typhoon Yagi on business operations, Singapore-based United Overseas Bank (UOB) has raised its GDP growth forecast for Vietnam this year to 6.4% from its 5.9% projection about two weeks ago.

UOB ups Vietnam’s 2024 GDP growth forecast to 6.4%

UOB ups Vietnam’s 2024 GDP growth forecast to 6.4%

ADB economist suggests Vietnam enhance economic resilience against disasters
ADB economist suggests Vietnam enhance economic resilience against disasters

An economist of the Asian Development Bank (ADB) has emphasised the need to strengthen the resilience of the Vietnamese economy against natural disasters given the devastating consequences of Typhoon Yagi, the strongest to hit Vietnam in decades, and its aftermath.

ADB economist suggests Vietnam enhance economic resilience against disasters

ADB economist suggests Vietnam enhance economic resilience against disasters

Vietnam Card Day 2024 to be held early next month
Vietnam Card Day 2024 to be held early next month

The fourth Vietnam Card Day 2024 is set to take place in Hanoi between October 5 and 6 with the theme Open Banking, aiming to reach students and young people aged 15 to 40 who require convenient digital payment solutions and online transaction options.

Vietnam Card Day 2024 to be held early next month

Vietnam Card Day 2024 to be held early next month

Capital market could be major financial source for private sector: WB
Capital market could be major financial source for private sector: WB

The Vietnamese equity market boasts strong potential to become a major source of financing for the private sector, according to specialists from the World Bank.

Capital market could be major financial source for private sector: WB

Capital market could be major financial source for private sector: WB

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Giấy phép báo Điện tử VOV số 564/GP-BTTTT của Bộ Thông tin & Truyền thông cấp ngày 13/12/2016