Business Beat - BizHub

Buybacks expected to perk up bank stocks

10/21/2019 08:25

On October 10, the HCM City Development Joint stock Commercial Bank (HDBank) announced that its shareholders had approved a plan to buy a maximum of 5 per cent of its 981 million shares being traded on the market, equivalent to 49 million shares.

Basel II deadline rapidly approaching, are banks on course to meet norms?
10/14/2019 09:22

Banks with a relatively good performance and financial situation can easily adopt Basel II standards whereas it is...
Electronic know your customer/client holds key to digital banking
10/07/2019 08:21

The banking sector is waiting for the State Bank of Viet Nam to allow the use of electronic know your customer/client...
Viet Nam enters home stretch in fight against dollarisation
09/30/2019 10:04

From October 1 lenders including banks will not be allowed to provide medium- and long-term foreign currency loans to...
Foreign investors keen on VN edtech start-ups
09/23/2019 08:36

These projects have high applicability, they are developing e-learning or EdTech, and their initiators are all...
It’s time to allow foreign firms to list in Việt Nam: experts
09/16/2019 09:00

The economy grew at 6.7 per cent in the second quarter. The foreign-invested sector is considered a key player in...
Viet Nam monetary policy likely to come under pressure from trade war
09/09/2019 08:07

On August 23 the State Bank of Viet Nam set the benchmark exchange rate at VND23,127 to the dollar, weakening the dong...
Money market loosening, despite wait for rate call
08/19/2019 08:10

The money market is seeing the first signs of loosening though the State Bank of Viet Nam has yet to make a decision on...
Banks cut priority loan interest rates
08/12/2019 08:40

Soon after the US announced a 0.25 per cent cut in the benchmark interest rate on July 31 seven Vietnamese banks,...
Keep an eye on core inflation: analysts
08/05/2019 08:42

Some experts have said recently there is an excessive money supply in the economy. They pointed to core inflation of...
Banks keen on housing sector despite SBV tightening
07/29/2019 08:21

Nguyen Quoc Hung, director of the State Bank of Viet Nam’s credit department, recently told the media that banks have...

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.