Deposit interest rate forecast to rise by 0.3-0.5 pp in H2 2022
Deposit interest rate in the second half of this year might be adjusted up some 0.3 to 0.5 percentage points, experts forecast.
Green finance represents a tremendous opportunity for Vietnamese banks
Nearly 7 in 10 Vietnamese consumers (68 per cent) would consider switching from their current financial services providers for a bank or financial institution with a stronger commitment to sustainability.
Việt Nam's new project investment abroad doubles in five months
Investments into 343 new projects topped over $293 million, double that in the same period last year thanks to five new projects of Vines Energy Solutions JSC in the US, Canada, France, Germany and the Netherlands, with registered capital of $34.7 million each.
US-funded project to boost Việt Nam’s renewable energy development
The Vietnam Low Emission Energy Programme II (V-LEEP II), which is worth US$36 million and funded by the US Agency for International Development (USAID), was kicked off in Hà Nội late last week.
IFC, HDBank ink strategic cooperation for supporting SME scale-up
IFC and HDBank have signed a deal to become strategic partners, supporting small and medium enterprises to scale up finance.
Central bank sells US dollar forward for first time since 2018
The State Bank of Vietnam (SBV) has recently sold US dollar forward for the first time since 2018 to support the liquidity of the foreign exchange market.
Registered foreign investment down, disbursement up in first four months
Foreign investment inflows into Việt Nam during the first four months of the year saw a decline of 11.7 per cent year-on-year to around US$10.8 billion, a report from the Foreign Investment Department (FIA) has shown
HCM City doing what it takes to attract hi-tech investors
After decades of promoting labour-intensive industries, HCM City is intensifying its focus on attracting hi-tech businesses into its industrial parks and export processing zones.
Vietnam gold prices keep rising
Gold prices scaled another new peak in Vietnam Monday morning as global rates climbed amid the continuing Russia-Ukraine crisis.
State-owned banks maintain top position in network coverage
The group of State-owned banks have continued to maintain their leading position in terms of network coverage in the country’s banking industry.
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