Banking - BizHub

Foreign currency lending abolished – impact on enterprises

07/18/2019 16:31

Enterprises can borrow money in Vietnamese dong (VND) and then purchase foreign currency for payment when they need the capital to import input materials, say commercial banks.

MBBank seeks foreign investment in Q3
07/17/2019 15:20

Military Commercial Joint Stock Bank (MBBank) is looking to sell 7.5 per cent of its capital to foreign investors this...
VPBank prices US$300 million under $1-billion EMTN programme
07/15/2019 17:48

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has raised US$300 million from issuing three-year bond...
Foreigners legible to make term deposits at local banks
07/15/2019 16:31

Resident and non-resident foreigners in Việt Nam remain legible to make term deposits at local banks despite some banks...
TPBank and UnionPay to expand card and QR Code payment in Viet Nam
07/15/2019 16:28

Tien Phong Commercial Joint Stock Bank (TPBank) and the international payment brand UnionPay (UPI) on Monday officially...
Sacombank reports $64.5 million profit in first half
07/15/2019 07:47

Sacombank has reported pre-tax profits of nearly VND1.5 trillion (US$64.5 million) in the first half of the year.
Cashless payment posts double-digit growth
07/13/2019 08:52

The Government’s efforts to boost cashless payment have shown signs of paying off, with both the number of transactions...
Government asks for tight control over corporate bond issuance
07/13/2019 08:05

Deputy Prime Minister Vương Đình Huệ has asked for tight control of corporate bond issuance so the finance and equity...
Credit institutions warned about P2P lending
07/13/2019 08:00

In a document sent to lenders this week, the SBV said the fourth Industrial Revolution has promoted the development of...
Foreign finance institutions step up expansion plans in Viet Nam
07/12/2019 08:14

The competition in the Vietnamese finance and banking market has become fiercer as existing foreign institutions are...
ABBank pays 7.4 per cent stock dividend
07/11/2019 18:08

An Bình Commercial Joint Stock Bank (ABBank) has paid a 7.4 per cent dividend for 2017 in shares.

SPECIAL

Sacombank offers certificate of deposit at 8.6 per cent interest

Sacombank is offering certificates of deposit in dong to individual and corporate customers at attractive interest rates.

Finance companies slow credit growth

Consumer finance companies have been cutting credit growth to focus more on tightening internal governance and selecting solvent customers to target a safer and healthier development.

Long term gain on the horizon

Founder cum executive chairman of the World Economic Forum, Professor Klaus Schwab, speaks to Viet Nam News reporter Nguyen Hoang Son about pressures of the ongoing technological and scientific revolution.