Staying firm to Basel II target Business

Staying firm to Basel II target

Banking experts are of the view that despite some relaxation for banks that failed to meet Basel II standards, the State Bank of Vietnam (SBV) should stay firm to the Basel II target. ​
Banks to work harder on cyber crime Sci-Tech

Banks to work harder on cyber crime

Cyber security is a hot issue globally and in Vietnam, concerns on the subject have been expressed by the Government and departments, especially in the field of banking – finance, said Le Manh Hung, director of the State Bank of Vietnam’s Information Technology Department.
Reference exchange rate up after holiday Business

Reference exchange rate up after holiday

The State Bank of Vietnam set the reference exchange rate at 22,548 VND/USD on May 2, up 9 VND from the rate on the last day before the four-day holiday from April 28 to May 1.
Banks recruit thousands of employees in 2017 Business

Banks recruit thousands of employees in 2017

Together with high profits of trillions of VND at the end of 2017, domestic commercial banks reportedly hired thousands of employees to boost their performances and seize new opportunities.