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Thursday, October 6, 2022

CATEGORY

Financial Markets

HSBC arranges VND900 billion bilateral green loan to REE Corporation

HCMC – HSBC Vietnam on August 9 signed a deal to arrange a green loan of VND900 billion for the Refrigeration Electrical Engineering Corporation...

Finance Ministry urges corporate bond investors to exercise prudence

HCMC – The Ministry of Finance has advised investors to adequately assess and carefully consider the pros and cons of investment in corporate bonds. Individuals...

Banks report hefty profits in H1

HCMC - The first half of this year saw many commercial banks produce positive business results, with their before-tax profits exceeding VND10 trillion. A report...

HSBC supports Techcombank to access US$1 billion loan facility

HCMC - HSBC Vietnam has cooperated with several other banks to provide the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) with a US$700...

Deposit rates rise in July

HCMC - Many commercial banks, big and small alike, offered higher long-term deposit rates in early July, at up to 7% per year. The Asian...

Bank deposits surge as interest rates rise

HCMC – Deposits at local banks have soared as interest rates have inched up. Data from the State Bank of Vietnam (SBV) showed that in...

HoREA suggests continuing lending to borrowers with secured assets

HCMC – The HCMC Real Estate Association (HoREA) has written to the prime minister and the State Bank of Vietnam proposing continued lending to...

SBV says will maintain forex market stability

HCMC – The State Bank of Vietnam (SBV) will likely pump more foreign currencies this year to keep the forex market stable as the...

Vietnam to complete handling of poor-performing banks by 2025

HCMC – The Government has approved a banking sector restructuring and bad debt settlement plan in which the handling of poor-performing commercial banks will...

Extending bad debt settlement scheme can minimize potential risks

HANOI - The extension and improvement of several regulations on bad debt settlement in Resolution 42/2017 will help credit institutions handle potential bad debts...

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