Compulsory e-signature might be a cost burden: banking association

Monday, Jul 15, 2024

The Việt Nam Banking Association has advised the Ministry of Information and Communications that e-signatures should not be compulsory right now due to the cost implications.

Banks reduce pressure of bad debt during COVID-19

Thursday, Aug 12, 2021

Outbreaks of COVID-19, especially in the first half of 2021, are negatively affecting the repayment of debt. This increases the pressure of bad debt on the banking system. Nguyen Quoc Hung, general secretary of the Viet Nam Banking Association, spoke...

COVID-19 accelerates banking digitisation: seminar

Sunday, Nov 29, 2020

The COVID-19 pandemic has speeded up the banking sector’s awareness of digitisation by three to five years and forced lenders to accelerate the process to survive and grow.

Lotte Finance admitted to Vietnam Banking Association

Friday, Mar 01, 2019

Lotte Vietnam Finance Company Limited (Lotte Finance) has become the first Korean financial institution to become an official member of the Viet Nam Banking Association (VBA).

Arbitration could solve disputes fast

Saturday, Jun 20, 2015

Businesses and banks in Viet Nam still resolve disputes through the courts, even though arbitration and mediation remain the most popular methods throughout the world in dealing with banking disputes.