Tag: banks
New emergency response project to help Vietnam cope with COVID-19
VOV.VN - The World Bank and the State Bank of Vietnam on July 30 signed a US$6.2 million grant agreement to strengthen Vietnam’s coronavirus surveillance and testing capacities, research capacity for COVID-19 vaccines and test kits.
Standard Chartered Bank forecasts Vietnam’s 2020 growth at 3%
Standard Chartered Bank expects Vietnam’s growth to slow to a multi-year low of 3% this year on soft external demand, with external headwinds set to offset domestic outperformance.
Domestic banks to face competition from foreign rivals after EVFTA
Domestic banks are expected to face increasing competition, especially as European banks will be able to access the Vietnamese market when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.
Vietnam, RoK examine ways to remove hurdles amid COVID-19
VOV.VN - The Advisory Council for Administrative Procedure Reform of the Prime Minister and the Republic of Korea (RoK) Embassy held a dialogue on July 17 alongside the Korean business community based in Vietnam to find solutions to solve difficulties.
Banks do well in first half but difficulties lie ahead for the year
Despite a worldwide economy hit hard by the COVID-19 pandemic, the banking sector has still enjoyed a good first half of the year and are on course to meet targets.
