HCMC to issue bonds next Monday
Wednesday,  Dec 13,2017,19:38 (GMT+7)
HCMC – The HCMC government intends to issue VND2 trillion of municipal bonds next Monday to raise capital for its urgent and key infrastructure projects, the news website Zing.vn reports.
Friday,  Dec 8,2017,16:50 (GMT+7)
Home Credit Vietnam has hardened its resolve in recent years in order to keep pace with the fast-changing need on the financial market. The consumer finance company last week launched a new logo in the Vietnamese market as a crucial part of its transformation. Dmitry Mosolov, CEO of Home Credit Vietnam, gives more details in the following interview.
Major banks lower deposit rates
Thursday,  Dec 7,2017,23:18 (GMT+7)
HCMC – A couple of large commercial banks have adjusted down their annual deposit rates after a short time of hiking them, according to An Ninh Thu Do newspaper.
First P2P lending platform launched
Wednesday,  Dec 6,2017,23:49 (GMT+7)
HANOI – Vay Muon Joint Stock Company, an arm of NextTech Group, on December 5 launched what is Vietnam’s first peer-to-peer (P2P) lending platform for investors.
Vietnam, China boost capital market connection
Wednesday,  Dec 6,2017,23:48 (GMT+7)
HCMC – Shenzhen Securities Information Co Ltd, a wholly-owned subsidiary of the Shenzhen Stock Exchange, and the HCMC branch of Bank of China signed a cross-border financial service cooperation agreement on December 5 to strengthen capital markets between Vietnam and China.
Consumer loans on the rise
Wednesday,  Dec 6,2017,17:01 (GMT+7)
HCMC – Consumer loans will continue strong growth until early next year, according to a report of the National Financial Supervisory Commission.
Almost no way to stop foreign currency lending
Tuesday,  Dec 5,2017,23:35 (GMT+7)
HCMC – The fact that interest rates for Vietnam dong loans are far higher than those for U.S. dollar loans is one of the key reasons for the State Bank of Vietnam’s (SBV) failure to stop foreign currency lending as planned, Nguoi Lao Dong quoted analysts as saying.
Loan rates expected to fall after Tet
Friday,  Dec 1,2017,15:10 (GMT+7)
HCMC - Large banks have hiked their annual deposit rates over the past two weeks to raise more capital to meet the rising demand for loans in the lead up to the Lunar New Year, or Tet, but post-Tet lending rates are expected to fall, according to Dau tu Chung khoan newspaper.
SBV backs Fintech development
Wednesday,  Nov 29,2017,22:11 (GMT+7)
HANOI – The State Bank of Vietnam (SBV) will issue pilot regulations on the establishment and development of financial technology (Fintech) enterprises, a senior official said at the launching ceremony of the Fintech Challenge Vietnam (FCV) program on November 28.
Many banks hike deposit rates
Friday,  Nov 24,2017,00:10 (GMT+7)
HCMC – Many commercial banks such as BIDV, VietinBank and Sacombank have recently raised their annual deposit rates by 10 to 50 basis points for many tenors, Dan Tri news website reports.
NA: Ailing banks can file for bankruptcy
Wednesday,  Nov 22,2017,00:01 (GMT+7)
HANOI – The National Assembly (NA) has for the first time given banks the green light to file for bankruptcy if they become insolvent, said local media reports.
Capital for real estate, BOT projects to fall
Friday,  Nov 17,2017,00:24 (GMT+7)
HCMC – The State Bank of Vietnam has demanded increased controls on loans for build-operate-transfer (BOT) road and real estate projects despite their high demand for finances, Le Minh Hung, governor of the State Bank of Vietnam, was quoted by local media as saying.
VAMC settles VND66 trillion of bad debt
Thursday,  Nov 16,2017,18:33 (GMT+7)
HCMC - Vietnam Asset Management Company (VAMC) has settled bad debt worth VND66 trillion (about US$2.9 billion) since it was founded in 2013, and the progress is getting faster, according to VAMC general director Doan Van Thang.
WeChat Pay e-wallet launched in Vietnam
Wednesday,  Nov 15,2017,21:18 (GMT+7)
HANOI – China’s Tenpay Payment Technology on Monday announced its cooperation with the e-wallet service provider VIMO to launch WeChat Pay e-wallet service in Vietnam to make it convenient for Chinese tourists to pay for goods and services here in the country.
Fintech approach essential for banking system development
Monday,  Nov 13,2017,22:30 (GMT+7)
HANOI – Commercial banks should cooperate with financial technology (fintech) companies to reach out to new customers rather than considering them rivals, said experts at a conference in Hanoi on November 10.
More >> View by date :

Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
Deputy Editor-in-Chief: Pham Huu Chuong
Managing Editors: Nguyen Van Thang, Huynh Cam Tung
Head Office: 35 Nam Ky Khoi Nghia St., Dist.1, Ho Chi Minh City, Vietnam. Tel: (84.8) 829 5936; Fax: (84.8) 829 4294.
All rights reserved. Developed by Mat Bao Company.