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Tuesday, September 26, 2023
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banking system

New playground for banks

Developing a brand exclusively for wealthy customers and offering asset management services for individuals and families have emerged as a strategy of banks in recent years. More intense competition In early July, Techcombank officially launched Techcombank Private, a privileged service for customers with a balance of US$1 million or more, or with total assets of VND25 billion on average in the last three months. This exclusive service provides financial and non-financial management solutions, including investment advice, inheritance planning, residence procedures, healthcare, and a range of associated privileges. Simultaneously, HDBank introduced […]
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Attractive sector for Korean investment

The finance sector, with lots of potential for exploration and development, would possibly continue to attract South Korean capital in the upcoming years. Leading foreign...

Ambitious targets amid challenges

While the business community is concerned about a fall in profit this year, the banking system still expects positive growth. Optimistic goals Despite accomplishing 55% of...

Banking system in a liquidity crunch

A liquidity squeeze is choking Vietnam’s economy and banking system, making interest rate swings unavoidable Interest rate hikes return After a short period of interest rates...

Potential concerns over interest rate support

The policy is expected to aid the recovery of the business community and the economy as a whole, but are there any downsides? A preferential...

Tax management needs realistic solutions

The 2020 white book on e-commerce released last month by the Department of e-Commerce and Digital Economy under the Ministry of Industry and Trade...

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