Moody’s: Outlook for Vietnam’s banks stable Business

Moody’s: Outlook for Vietnam’s banks stable

Moody’s has forecast that the Vietnamese banking system will remain stable in the next 12-18 months, reflecting its expectation that the country’s macroeconomic stability will support the banks’ weak credit profiles.
Hanoi tackles poverty Society

Hanoi tackles poverty

Hanoi is attempting to reduce the rate of poverty by 1.3 percent, equivalent to 27,000 poor households, in 2016, with preferential policies.
Higher Q2 earnings push banks up Business

Higher Q2 earnings push banks up

Vietnamese shares on July 12 rebounded from a two-day decline as banks advanced on second-quarter profits and higher oil prices pushed energy stocks up.
New study sheds light on bank performance Business

New study sheds light on bank performance

The process of restructuring commercial banks in Vietnam mostly focusses on mitigating negative effects and not on promoting positive factors, one of which is the increase in private ownership.
Central rate decreases slightly Business

Central rate decreases slightly

The State Bank of Vietnam (SBV) on February 22 announced the central rate for the Vietnam dong against the US dollar at 21,894 VND per USD, a decrease of 6 VND compared to the late last week.
Banking awards 2015 announced Business

Banking awards 2015 announced

The winners of the Vietnam Outstanding Banking Product/Service Awards 2015, organised by the International Data Group (IDG) and the Vietnam Banks Association, were announced at a ceremony in HCM City.