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Vietnam’s banking sector expects 44 pct surge in profits in 2017

Bad debts have gone down and the real estate market is warming up.

Bitcoin surges above $16,000 as concerns mount

'Bitcoin now seems like a charging train with no brakes.'

China eases foreign limits in finance as Trump leaves

Foreign firms can now own as much as 51 percent of shares in securities, funds and futures industries in China.
November 19, 2017 | 10:45 am GMT+7

Vietnam to tighten credit for high-end property developments: Central bank governor

The use of short-term funds for medium- to long-term loans will be cut.
November 17, 2017 | 05:27 pm GMT+7

Bank of England sees up to 75,000 finance job losses after Brexit: BBC

BoE thought the figure could vary depending on the terms on which Britain left the EU.
October 31, 2017 | 02:26 pm GMT+7

Vietnamese bank appoints foreign executive to head retail operations

Vietcombank has taken the unusual move of plunging a foreigner into the financial fray.
October 24, 2017 | 05:04 pm GMT+7

Vietnam named most affordable country in the world for foreigners

Nearly one in five said they have far more money at their disposal than their lifestyles require.
September 08, 2017 | 01:59 pm GMT+7

VPBank gets all clear to offer 1.3bln shares on Saigon market debut

The bank’s market capitalization is expected to reach $2.5 billion following the offering.
August 10, 2017 | 05:44 pm GMT+7

Vietnam launches derivatives market to boost liquidity

Vietnam's derivatives market is officially launched today, with stock futures contracts the first to begin trading.
August 10, 2017 | 02:01 pm GMT+7

Singaporean bank gets go-ahead to open up in Vietnam

United Overseas Bank is the first Singaporean institute to be given a license to start up shop in Vietnam.
July 21, 2017 | 03:21 pm GMT+7

Fitch affirms China's A+ rating with stable outlook

China's economic growth is expected to reach 6.6 percent this year.
July 14, 2017 | 08:14 am GMT+7

Financial sector not using its full power to fight human trafficking: report

'Human trafficking is both big business and a serious crime.'
July 12, 2017 | 03:34 pm GMT+7

Britain's finance industry faces 'tipping point' over Brexit

'Shifts out of the U.K. may gradually erode the 'cluster effect' of the financial ecosystem, with the threat of a tipping point in the ecosystem being reached.'
July 06, 2017 | 05:12 pm GMT+7

Poor management causes Vietnam's public debt to rise rapidly: official

While debt ratios are still within safe limits, both the government and foreign creditors have noticed a fast growth.
May 26, 2017 | 09:07 am GMT+7

Betting on loans: Vietnam's companies named the biggest risk takers in Southeast Asia

A report found that Vietnamese corporate borrowers are turning to leveraging for fast expansion, despite poor repayment capacity.
May 15, 2017 | 02:17 pm GMT+7