Tags: nguyen tri hieu

Banking to get an E&S rule mandate

Banking to get an E&S rule mandate

The central bank is gradually introducing a raft of regulations to enforce laws that require local lenders to incorporate environmental and social risk management into their lending criteria.

Basel II inevitable for Vietnamese banks

Basel II inevitable for Vietnamese banks

As Vietnam becomes more integrated into the world economy, banks looking to improve competitiveness and governance, especially in risk management, should apply Basel II standards.

Removing deposit interest rate cap considered

Removing deposit interest rate cap considered

Deputy Prime Minister Vuong Dinh Hue has recently instructed relevant authorities to scrutinise the possible removal of the deposit interest rate cap on short-term deposits.

SBV encourages M&As to restructure banks

SBV encourages M&As to restructure banks

The State Bank of Vietnam (SBV) will continue to encourage the practice of mergers and acquisitions (M&A) as a solution to dealing with ailing credit institutions.

Settlement of banks’ bad debts faces hurdles

Settlement of banks’ bad debts faces hurdles

Though the bad debt ratio of the banking system has been reported to drop to below 3% of its outstanding loans, how to deal with the amount of bad debt stuck at the Vietnam Asset Management Company (VAMC) is still a troublesome job.

Deposit interest rates under pressure to increase

Deposit interest rates under pressure to increase

Pressure from ensuring liquidity, meeting rising credit demands and purchasing Government bonds has caused commercial banks to hike their savings interest rates to attract depositors.

M&A information to be released

M&A information to be released

Information related to mergers and acquisitions (M&As) of credit institutions is awaited as the season of annual shareholders’ meetings is around the corner.

Debt-to-equity swaps too risky for Vietnamese banks

Debt-to-equity swaps too risky for Vietnamese banks

Debt-to-equity swaps may work in other territories as a solution to resolve soured debts, however, local experts do not recommend this method in Vietnam, despite the country’s towering bad debts.

CNY addition to IMF currency basket has little impact on Vietnam

CNY addition to IMF currency basket has little impact on Vietnam

The recent inclusion of the Chinese yuan (CNY) to the reserve currency basket of the International Monetary Fund (IMF) will not have any significant impacts on Vietnam’s economy, experts said, adding that it takes at least six months or even a year to see any impacts.

TPP heralds new financial structuring

TPP heralds new financial structuring

Experts forecast that the Trans-Pacific Partnership (TPP) will bring about sweeping changes within the Vietnamese financial market, however, thorough preparation is needed to maximize potential benefits.