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Vietnam ready to speed up switch to chip cards

The National Payment Corporation of Vietnam says many banks would this year convert their magnetic cards to chip cards for greater security.

90 percent of suspected money laundering in Vietnam done through banks

Banking, real estate and unofficial remittances are top channels for money laundering in Vietnam, a new report ...

Banks rates higher than free market as dollar shortage bites

Unusually, Vietnamese banks’ dollar prices have been higher than the free market as they face a dearth of greenbacks.
May 10, 2019 | 07:53 am GMT+7

Banks race to offload expensive property as bad debt buyback looms

Many banks are looking to sell mortgaged assets as they prepare to buy back bad debt from the state.  
May 06, 2019 | 09:00 am GMT+7

ECB's Draghi worried about Fed's independence

European Central Bank President Mario Draghi expressed concern on Saturday about the U.S. Federal Reserve’s independence.
April 14, 2019 | 03:21 pm GMT+7

Vietnamese banks lose foreign partners one by one

The last few years have seen a number of cases of foreign partners severing ties with Vietnamese banks. 
March 18, 2019 | 08:32 am GMT+7

Foreign investment crucial to Vietnamese banks in 2019: Moody’s

Most Vietnamese banks fall short of international capital adequacy norms and have to focus on attracting foreign capital this year, Moody’s has said.
February 26, 2019 | 11:33 am GMT+7

For small enterprises, transparency holds key to access to funds

Information transparency is one of the key factors that enable small businesses to borrow from credit institutions, according to economists.
December 24, 2018 | 05:00 pm GMT+7

Cashless services explode in Vietnam

Vietnam’s central bank says the value of cashless transactions more than doubled over the first three quarters of 2018.
December 03, 2018 | 07:53 pm GMT+7

Vietnamese startups don’t dare borrow from banks

Risk of losses, lack of collateral and early repayment pressure make it difficult for startups to borrow from banks.
November 28, 2018 | 10:00 am GMT+7

South Korean banks eye major Vietnam expansion

South Korean banks are setting themselves up to score big in Vietnam as foreign ownership limits would be loosened.
November 27, 2018 | 08:21 am GMT+7

Vietnamese banks register more than robust profit growth

Commercial banks in Vietnam have posted impressive growth, with profits doubling or even tripling over last year’s first nine months.
October 30, 2018 | 02:02 pm GMT+7

Hungry SMEs need banks to change their ‘risk appetite’

Vietnam’s SMEs are hungry for credit, but banks have to change their ‘risk appetite’ to respond positively, an expert says.
October 29, 2018 | 10:43 am GMT+7

Vietnam’s top banks struggle to increase capital to meet global norms

Three top Vietnamese banks have been struggling to increase their capital to meet international adequacy norms.
September 26, 2018 | 02:54 pm GMT+7

Banks scramble to divest crossholdings as stock market rebounds

Vietcombank will auction a part of its holdings in Eximbank and Military Bank next month to comply with the SBV's cross-ownership requirements.
September 25, 2018 | 08:53 am GMT+7
 
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