Financial news

19/01 09:33

SBV focuses on improving credit quality Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has issued Directive No.01/CT-NHNN on organising the implementation of the key tasks of the banking sector, with a focus on improving ...

19/01 08:27

Government issues new decree on registration fees Deputy Prime Minister Le Minh Khai has recently signed Decree No. 10/2022 on regulating registration fees. The decree will take effect from March 1 this year.

19/01 08:24

IFC increases loan package for SeAbank to $220 million  After four months, the International Finance Corporation (IFC) and international lenders increased the loan package granted to Southeast Asia Commercial Joint Stock Bank (SeABank), from US$150 ...

19/01 08:12

MB promotes investment assistance for Vietnamese expatriates Military Commercial Joint Stock Bank (MB) serves as a critical credit institution, offering comprehensive financial and investment guidance to Vietnamese expatriates living and working abroad.

19/01 08:10

Japanese banks adjust to demographics Japanese groups are advancing closer collaboration with Vietnam’s financial institutions to capture the increasingly enticing demographic variables in the Southeast Asian nation and expand their ...

18/01 08:21

Banking sector faces opportunities, challenges in 2022 The complicated developments of the Covid-19 pandemic make the 2022 global economic outlook and inflation unpredictable, posing challenges for the banking sector.

18/01 08:21

Vietnamese banks urged to tighten lending in real estate, securities Credit should be channeled to priority fields and production/business activities with positive impacts on socio-economic development.

18/01 08:16

Govt' to slash VAT from 10% to 8% in 2022 The Government is considering slashing VAT to 8 per cent from 10 per cent for a large number of businesses in 2022, starting from February. The move has been said to amount to a VND49.4 trillion ...

15/01 20:15

Citi announces agreement to sell consumer bank to UOB Group Citi on Friday announced it has reached an agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Viet Nam, Indonesia, Malaysia and Thailand.

15/01 20:00

Agribank and FWD Vietnam enter bancassurance partnership The Vietnam Bank for Agriculture and Rural Development and FWD Vietnam Life Insurance Co., Ltd. have launched a new bancassurance partnership today, designed to better meet the financial and ...

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