Overdue debts touch $2.9 billion

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VietnamNet English 2 day(s) ago

Overdue debts touch $2.9 billion

VietNamNet Bridge – Overdue debts at credit institutions in Ha Noi reached VND61.3 trillion (US$2.9 billion), or 6.72 per cent of the total outstanding loans, by the end of August.

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ADB President comes to Vietnam to discuss 2020 Strategy

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VietnamNet English 2 day(s) ago

ADB President comes to Vietnam to discuss 2020 Strategy

VietNamNet Bridge - The head of the Asian Development Bank (ADB) will meet with top leaders of Vietnam during his three-day visit.

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ADB finances micro-finance development

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Báo điện tử CP English 4 day(s) ago

ADB finances micro-finance development

VGP – The PM has ratified a portfolio for a loan of the“Micro-finance development program – second subprogram” funded by the Asian Development Bank.

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BIDV donates VND 15bln to Phu Yen Hospital

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SaiGon GP English 5 day(s) ago

The bank of Investment and Development of Vietnam (BIDV) has just handed over medical equipment pack worth VND 15billion to Phu Yen Pediatrics and Obstetrics Hospital in the central province of Phu Yen.

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HCMC bank credit growth scrutinised

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Báo Đầu Tư English 6 day(s) ago

HCMC bank credit growth scrutinised

Deputy director of the State Bank of Vietnam’s Ho Chi Minh City branch Nguyen Hoang Minh sheds some light on the city’s banking performance so far this year and what measures the authority has applied to help firms more easily access credit.

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Vietnamese “dislike” payment cards, still prefer cash

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VietnamNet English 7 day(s) ago

Vietnamese “dislike” payment cards, still prefer cash

VietNamNet Bridge – Despite great efforts by the State Bank to encourage use of payment cards, Vietnamese still prefer cash.

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New joint circular cleans up bancassurance sales rules

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VietnamNet English 1 week(s) ago

New joint circular cleans up bancassurance sales rules

VietNamNet Bridge – LNT & Partners’ Hoang Nguyen Ha Quyen and Logan Leung take a look at the State Bank of Vietnam and Ministry of Finance’s new regulations outlined in Joint Circular 86/2014/TTLT-BTC-NHNNVN on managing the sale of insurance via the banking sector, which come into effect from September 1, 2014.

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M&A in banking sector aims to make changes in management, risk control

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VietnamPlus English 1 week(s) ago 1 duplicate news

Mergers and acquisitions (M&A) in the banking sector in 2014 are not as common as in previous years when most of the M&A cases involved smaller banks merging into larger banks. This year a number of leading banks merged to create greater strength, the Vietnam Economic News reported.

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Central province leads nation in delivering vital admin reforms

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SaiGon GP English 2 week(s) ago

HA NOI (VNS)— Da Nang has topped the Provincial Public Administration Reform Index for 2013, fulfilling 87 per cent of the criteria on reform completion, nearly 10 per cent higher than the national average of about 78 per cent.

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“Zombie banks” exist as State Bank prevents them from going bankrupt

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VietnamNet English 2 week(s) ago

“Zombie banks” exist as State Bank prevents them from going bankrupt

VietNamNet Bridge – Vietnam has not allowed banks to go bankrupt, leaving many virtually dead banks, or as some people call them, “zombies”.

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Overseas remittances to HCMC hit nearly US$2.8 billion

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Báo điện tử CP English 2 week(s) ago 1 related news

VGP -Overseas remittances to Ho Chi Minh City are estimated at US$ 2.75 billion during the first eight months of 2014, a year-on-year increase of 6.2%.

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Central province leads nation in delivering vital admin reforms

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VietNam News English 2 week(s) ago 1 related news

Da Nang has topped the Provincial Public Administration Reform Index for 2013, fulfilling 87 per cent of the criteria on reform completion, nearly 10 per cent higher than the national average of about 78 per cent.

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VietinBank to implement mobile ATM machines

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VietNam News English 2 week(s) ago

Governor of the State Bank of Viet Nam Nguyen Van Binh has authorised the Viet Nam Joint Stock Commercial Bank for Industry and Trade (VietinBank) to implement a mobile ATM service.

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Overseas remittances continue to increase

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VietNam News English 2 week(s) ago 1 duplicate news

Overseas Vietnamese have remitted nearly US$2.8 billion through HCM City-based banks in the first eight months of this year, 6.2 per cent higher than in the same period last year, according to the deputy head of the State Bank of Viet Nam's city branch.

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Oversea remittance reaches US$2.75 billion in HCMC

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SaiGon GP English 2 week(s) ago

About US$2.75 billion was remitted to Ho Chi Minh City via the banking system in the first eight months this year, up 6.2 percent over the same period last year, said the State Bank of Vietnam.

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