Banking - BizHub

VAMC to reclaim US$2.13 billion in bad debts

05/17/2019 16:52

The Viet Nam Asset Management Company (VAMC) is expected to reclaim a bad debt figure of VND50 trillion (US$2.13 billion) in 2019, higher than the volume of 2018 which stood at VND30.9 trillion ($1.32 billion).

Banks to issue chip cards in place of 21 million magnetic strip cards
05/20/2019 08:59

Seven banks will start issuing ATM chip cards that meet EMV standards to replace magnetic strip cards in collaboration...
High profits lead to stiff competition in credit card market
05/20/2019 08:02

Both domestic and foreign banks are offering preferential programmes to lure more credit card holders to compete for a...
Moderate credit growth positive for Viet Nam’s economy
05/20/2019 07:04

Despite credit growth among Vietnamese credit institutions remaining low this year, experts are not concerned about the...
Banks need further administrative reforms: conference
05/17/2019 08:22

More administrative reform is needed in the banking industry to make it easier for businesses and individuals to get...
Vietnamese banks face challenges in digital banking transformation
05/17/2019 08:20

Vietnamese banks are facing challenges of network security, customer trust and legal framework during digital...
OCB pioneers use of Software Defined Networking
05/17/2019 08:08

The Orient Commercial Bank (OCB) on Thursday announced that it would become one of the first banks in Việt Nam to apply...
Vietnamese dong expected to hover around VND23,200 per dollar
05/17/2019 08:08

The Vietnamese dong will fluctuate around VNĐ23,200 per dollar in the next few months thanks to a positive supply...
Risk of money laundering in Viet Nam assessed at ‘average level’
05/16/2019 16:08

The report said the risk of money laundering in the banking and real estate sector was at "a high level" as it...
Central bank depreciates the greenback against the Vietnamese dong
05/16/2019 12:00
Vietnamese banks see improved capital adequacy ratios
05/14/2019 08:50

The capital adequacy ratio (CAR) of Viet Nam's credit institutions has improved thanks to their increased equity.

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.