The Vietnam Banks Association (VNBA) has suggested the Government submit a request to the National Assembly for a resolution to support firms and people to overcome difficulties and promote business development.
The expiration of Circular 14 on debt rescheduling and interest rates reduction in late June is likely to expose banks to higher levels of non-performing loans (NPLs)
Vietnam News Agency talked to Dr. Nguyen Quoc Hung, general secretary of the Viet Nam Banks Association, about the prospects of the banking sector in 2022.
The field of payment intermediaries in Viet Nam at this stage was considered to have high potential, becoming attractive to many foreign investors, General Secretary of the Viet Nam Banks Association Nguyen Quoc Hung told a seminar in Ha Noi...
The Viet Nam Banks Association (VNBA) has sent a petition to the State Bank of Việt Nam (SBV), asking the body to consider extending the rescheduling for debt repayment, to support individuals and enterprises affected by the COVID-19 pandemic.
The Viet Nam Banks Association is urging international credit and debit card companies to reduce a number of fees, as the country continues to battle the COVID-19 pandemic.
The Viet Nam Banks Association has urged international card organisations to reduce several types of fees on Vietnamese banks in the context that the COVID-19 pandemic negatively affected their card businesses.
The 47th ASEAN Banking Council Meeting, hosted by the Viet Nam Banks Association (VNBA), is scheduled to take place at Furama Resort in central Da Nang City on November 23-24.
The banking sector has experienced dramatic changes this year but has
more reform is needed, delegates heard at the Viet Nam Retail Banking
Forum 2015.
While handling pledged assets was considered an effective tool for
credit institutions to retrieve debts and reduce non-performing loans,
gaps in regulation have been hindering progress on this front, experts
said during a seminar in Ha Noi last week.