Banking staff salaries on the up

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

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

Unusually, Vietnamese banks’ dollar prices have been higher than the free market as they face a dearth of greenbacks.

Many banks are looking to sell mortgaged assets as they prepare to buy back bad debt from the state.  

European Central Bank President Mario Draghi expressed concern on Saturday about the U.S. Federal Reserve’s independence.

The last few years have seen a number of cases of foreign partners severing ties with Vietnamese banks. 

Most Vietnamese banks fall short of international capital adequacy norms and have to focus on attracting foreign capital this year, Moody’s has said.

Information transparency is one of the key factors that enable small businesses to borrow from credit institutions, according to economists.

Vietnam’s central bank says the value of cashless transactions more than doubled over the first three quarters of 2018.

Risk of losses, lack of collateral and early repayment pressure make it difficult for startups to borrow from banks.

South Korean banks are setting themselves up to score big in Vietnam as foreign ownership limits would be loosened.

Commercial banks in Vietnam have posted impressive growth, with profits doubling or even tripling over last year’s first nine months.

Vietnam’s SMEs are hungry for credit, but banks have to change their ‘risk appetite’ to respond positively, an expert says.