New SBV circular announced

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Báo Đầu Tư English 4 hour(s) ago 1 related news

New SBV circular announced

Long-awaited amendments to Circular 36/2014/TT-NHNN regulating prudential ratios for the operations of credit institutions and foreign bank branches were officially issued on Friday afternoon, surprising many real estate insiders.

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First cut in deposit interest rates by banks

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Báo Đầu Tư English 4 hour(s) ago

First cut in deposit interest rates by banks

After numerous hikes in interest rates this year, joint stock commercial banks have cut deposit rates for the first time thanks to good liquidity amid a lending slowdown.

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Urbanisation boosts demand for real estate

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Báo Đầu Tư English 4 hour(s) ago

Urbanisation boosts demand for real estate

Rising demand in Viet Nam's residential segment is expected to sustain solid growth in the construction industry, though delays to accompanying infrastructure projects and tighter credit conditions could slow the pace of development.

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Despite risky business, corporations still issue bonds

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SaiGon GP English 2 day(s) ago

Despite risky business, corporations still issue bonds

While the recent violation of Hoàng Anh Gia Lai Group, which issued its bonds on a lower collateral basis, told a story of how risky corporate bond issuances could hurt the market, it did not stop other corporations from issuing their bonds in the country.

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Vietnam banks jump on global list of biggest public firms

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Báo Thanh Niên English 4 day(s) ago

Vietnam banks jump on global list of biggest public firms

A file photo of a Vietinbank branch. Photo credit: Vietinbank

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PVcomBank finances power project

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Báo Đầu Tư English 6 day(s) ago

PVcomBank finances power project

The Viet Nam Public Bank (PVcomBank) will lend the PetroVietnam Power Corporation (PVPower) VND2 trillion (US$88.9 million) to develop a power project.

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Torrential rains submerge streets, disrupt traffic in Hanoi

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Báo Thanh Niên English 6 day(s) ago

Torrential rains submerge streets, disrupt traffic in Hanoi

Heavily flooded Tran Duy Hung Street. Many places around the city are under up to 60 centimeters of water, news website VnExpress reported. Photos credit: VnExpress

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FinTech - Solution or Challenge to Vietnamese Consumer Finance companies?

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Báo Đầu Tư English 1 week(s) ago

FinTech - Solution or Challenge to Vietnamese Consumer Finance companies?

The Vietnamese Consumer Finance Market (CF) has witnessed the fastest growth in 2015 domestic and foreign-owned finance companies are in a fierce competition for a slice of the consumer loans market.

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Lending rules should be changed gradually: banks

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Báo Dân Trí English 1 week(s) ago

Lending rules should be changed gradually: banks

Although amendments to Circular 36 are needed, they should be implemented gradually to avoid policy risks and difficulties to commercial banks, online news portal Bizlive quoted bank officials as saying.

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Futsal World Cup: Vietnam grouped with Italy, Paraguay, Guatemala

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Báo Thanh Niên English 1 week(s) ago 1 related news

Futsal World Cup: Vietnam grouped with Italy, Paraguay, Guatemala

A total of 24 teams will compete in six groups at the 2016 Futsal World Cup in Colombia. Photo credit: FIFA

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Consumer finance market soars

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SaiGon GP English 1 week(s) ago

Consumer finance market soars

Viet Nam’s consumer loans hit a five-year record high of US$15.12 billion last year, according to a new report from local market research company StoxPlus.

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Lending rules should be changed gradually: banks

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Báo Đầu Tư English 1 week(s) ago

Lending rules should be changed gradually: banks

Although amendments to Circular 36 are needed, they should be implemented gradually to avoid policy risks and difficulties to commercial banks, online news portal Bizlive quoted bank officials as saying.

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Big C Vietnam's new Thai owner unveils aggressive expansion strategy

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Báo Thanh Niên English 1 week(s) ago 1 related news

Big C Vietnam's new Thai owner unveils aggressive expansion strategy

A Big C outlet in Vietnam. Photo credit: Zing

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In the face of urban flooding, some Vietnamese choose to laugh it off

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Báo Thanh Niên English 1 week(s) ago

In the face of urban flooding, some Vietnamese choose to laugh it off

Many roads in Districts 1, 2, 3, Phu Nhuan and Binh Thanh were submerged after more than two hours of downpour due to an insufficient storm drain system. The city has been discussing many plans with huge investment proposals to fix the recurring flooding problem. But after years, images like these continue to be found across the city. Photo credit: Zing

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Vietnam's consumer loans see 5-year high growth, top $15 billion

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Báo Thanh Niên English 1 week(s) ago

Driven by a "significant" change in Vietnamese borrowing behavior and high demand for housing loans, loans in Vietnam's consumer finance market rose 44.1 percent to US$15.12 billion in 2015, according to new data.

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