The Export-Import Bank of Thailand has agreed to provide the Bank for Investment and Development of Việt Nam with a credit facility worth US$100 million to use as working capital and support Thai exports to Việt Nam.

The Ministry of Finance (MoF) is suggesting amendments to Decree 153 on corporate bonds, tightening up on privately-placed bond issuance

The central city of Đà Nẵng has been planning for an international and regional finance centre, a national start-up centre, a duty-free zone, an expansion of the international airport and a new deep-sea port for the Master Plan in 2030, creating a magnet for future large investors

The country will reduce the number of credit institutions and basically finish the settlement of poor-performing banks by 2025 to make the banking system develop healthily and sustainably.

CIMB Bank Việt Nam and F88 Business JSC have just made a new step in their strategic co-operation, moving toward financial universalisation for the unskilled, low-income working class who have not been able or have difficulty accessing financial services.

The Cambodian Derivatives Exchange (CDX), the country’s first central counterparty recognized by the Securities and Exchange Regulator of Cambodia, will take part in the 2022 Wiki Finance EXPO HCMC to be held in Vietnam’s booming metropolis.

Despite difficulties due to high inflation, declining net interest income (NIM) and rising bad debts, analysts say Vietnamese banks can overcome risks related asset quality thanks to their large reserve buffers and tight control in lending highly risky areas.

The Japanese-based Mikazuki Hotel Group opened the 13ha Mikazuki Japanese Resort & Spa in the central coastal city of Đà Nẵng on Wednesday.

The Vietnamese government is urging banks to merge and increase their scale toward becoming more competitive. It wants to make Vietnam an ASEAN leader in the banking sector.

Many bank clients have bought insurance through their banks (bancassurance), but they have received no support from the institutions when problems arose.