EXIM Thailand opens representative office in HCM City, inks credit deal with BIDV
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.
Ministry of Finance to get privately-placed bonds back on track
The Ministry of Finance (MoF) is suggesting amendments to Decree 153 on corporate bonds, tightening up on privately-placed bond issuance
Central city Đà Nẵng designed as investment destination
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
Việt Nam plans to reduce number of credit institutions
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 and F88 enhance loan access to low-income customers
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.
CDX to offer collaboration opportunities for derivatives market players at Vietnam expo
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.
Banks’ asset quality to remain safe thanks to large reserve buffers
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.
Japanese firm opens VNĐ3.9-trillion resort in Đà Nẵng
The Japanese-based Mikazuki Hotel Group opened the 13ha Mikazuki Japanese Resort & Spa in the central coastal city of Đà Nẵng on Wednesday.
Orphan contracts cause issues in bancassurance
Many bank clients have bought insurance through their banks (bancassurance), but they have received no support from the institutions when problems arose.
More Articles...
- Deposit interest rate forecast to rise by 0.3-0.5 pp in H2 2022
- Green finance represents a tremendous opportunity for Vietnamese banks
- Việt Nam's new project investment abroad doubles in five months
- US-funded project to boost Việt Nam’s renewable energy development
- IFC, HDBank ink strategic cooperation for supporting SME scale-up
- Central bank sells US dollar forward for first time since 2018
- Registered foreign investment down, disbursement up in first four months
- HCM City doing what it takes to attract hi-tech investors
- Vietnam gold prices keep rising
- State-owned banks maintain top position in network coverage
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