Tag: credit
RoK credit card issuer wholly acquires Wirecard Vietnam
BC Card, a Republic of Korea-based credit card issuer, has acquired 100% stake of Vietnamese point of sale (POS) terminal provider Wirecard Vietnam in a bid to expand its foothold in Southeast Asia.
BIDV signs green credit agreement with French Development Agency
The Bank for Investment and Development of Vietnam (BIDV) announced on May 27 that it has signed an agreement on the SUNREF green credit line with the French Development Agency (AFD) to finance businesses investing in the fields of environmental protection, climate change response, and green growth.
Moody's affirms credit ratings for four Vietnamese banks
Credit rating agency Moody's on May 26 affirmed its long-term domestic and foreign currency deposit and issuer ratings of four Vietnamese banks.
Credit institutions asked to tighten loans in “overheating” sectors: SBV
The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction and consumption sectors, and Build-Operate-Transfer (BOT) projects.
Fitch Ratings gives PV Power ‘BB’ rating with positive outlook
VOV.VN - Fitch Ratings has assigned PetroVietnam Power Corporation-Joint Stock Company (PV Power) a long-term foreign-currency issuer default rating (IDR) of 'BB', with a positive outlook moving forward.
Vietnam should continue support for vulnerable groups: IMF official
Vietnam will record positive economic growth in 2021, at around 6-7%, if the country continue support for vulnerable groups in the economy, as well as the freshly-rolled out vaccination campaign.
Workplace productivity improvements needed for economic competitiveness: Expert
Vietnam must look to improve national workplace productivity if it wants to promote its economic competitiveness and growth, according to Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.
Consumer finance market anticipated to continue facing difficulties after recovery
VOV.VN - The consumer finance market in the year ahead is predicted to struggle making any significant breakthroughs, despite lending interest rates witnessing a downward trend, according to experts.
Pandemic impacts consumer credit
The COVID-19 pandemic is significantly changing the landscape of the consumer credit market as consumers tend to tighten their budget and pay more attention to healthcare, environment and lifestyle as well as switching to online shopping.
International credit rating organisations interested in Vietnamese market
Many international credit rating organisations want to join the Vietnamese market, heard a seminar in Ho Chi Minh City on April 16.
