Two Vietnamese agencies on December 13 received the Japan International Cooperation Agency (JICA) President Award 2018 for their contributions to Vietnam’s development through international cooperation.
The high-level court in Ho Chi Minh City on December 10 reduced sentences for former Deputy Governor of the State Bank of Vietnam (SBV) Dang Thanh Binh and two other defendants involved in the losses of over 15 trillion VND (645.8 million USD) at the Vietnam Construction Bank (VNCB).
An international conference was held in northern Quang Ninh province on December 6 to look into the cultural and philosophical uniqueness of King-Monk Tran Nhan Tong and the Truc Lam Buddhist sect which he himself founded.
The high-level court in HCM City on December 5 opened an appeal trial on the case of former Deputy Governor of the State Bank of Vietnam Dang Thanh Binh in connection with the economic losses of over 15 trillion VND at the Vietnam Construction Bank.
With banks tightening credit to the property sector, developers should look at the stock market for capital, experts told a workshop on “Potential and opportunities for investment in property stocks on November 30.
The State Bank of Vietnam has allowed Vietcombank to apply minimum capital adequacy ratio requirements following Basel II standards one year earlier than the deadline initially set by the central bank.
The Consumer Prices Index (CPI) in November dropped 0.29 percent from October, driven by cheaper petrol prices, the General Statistics Office (GSO) reported on November 29.
The State Bank of Vietnam (SBV) is drafting a new circular on foreign currency lending, allowing credit institutions and foreign bank branches to extend loans to some borrowers in 2019 instead of cutting them off at the end of this year as planned.
Banking apps on cell phones are helping people in rural areas manage their finances, said Pham Xuan Hoe, deputy director general of the Banking Strategy Institute at the State Bank of Vietnam (SBV) at the launching ceremony of the i3 programme held in Hanoi on November 14.
The State Bank of Vietnam (SBV) has issued a decree asking businesses to enhance customer information privacy after an alleged breach of mobile retail chain The Gioi Di Dong (Mobile World) revealed personal information of more than five million customers.
The State Bank of Vietnam (SBV) adjusted the daily reference exchange rate up on November 13, setting the rate at 22,727 VND per USD, 2 VND higher than the rate on the previous day.
More commercial banks expect their credit growth limits to be expanded this year after Techcombank became the first to get the nod to do so from the State Bank of Vietnam (SBV) recently.
Many banks have issued a large amount of bonds to raise capital in a move to meet high demand during year-end’s peak lending season and prepare to meet the State Bank of Vietnam (SBV)’s regulations on tightening the use of short-term funds for long-term loans from early next year.
The State Bank of Vietnam (SBV) has made an official request for all payment service providers to facilitate visually impaired people as well as others with disabilities when they want to open a bank account and get a bank card.
The State Bank of Vietnam (SBV) adjusted the daily reference exchange rate up on November 6, setting the rate at 22,725 VND per USD, 2 VND higher than the rate on the previous day.
Tien Phong Commercial Joint Stock Bank (TPBank) is the first bank in Vietnam to allow cash withdrawals using a QR Code at both its ATMs and Livebank service without needing a card.
Vietnam has seen a digital wave in the finance-banking industry, with many banks investing significantly into the segment, experts said at a recent conference.
The number of transactions using new modes of payment has seen strong surges this year, Governor of the State Bank of Vietnam Le Minh Hung reported to the National Assembly during the Question-and-Answer session on November 1.
