Huge challenges awaiting digital banking Business

Huge challenges awaiting digital banking

Rising number of Internet users and mobile phone subscribers is smoothing the way for digital banking in Vietnam to thrive, but huge challenges keep lying ahead, according to insiders.
Banks key in country’s green growth strategy Business

Banks key in country’s green growth strategy

The banking sector plays a key role in “green” investment, including directing credit flow into environmentally-friendly sectors and restricting flow into projects which might have negative impacts on the environment.
PM underlines Vietnam’s achievements in 2017 Politics

PM underlines Vietnam’s achievements in 2017

Prime Minister Nguyen Xuan Phuc highlighted Vietnam’s significant achievements in 2017 in an article published in a special issue titled “The Year Ahead 2018: Hope Against Rage” of the international media organisation Project Syndicate.
Vietnam-Australia trade booming Business

Vietnam-Australia trade booming

Vietnam is Australia’s fastest growing ASEAN trading partner as a result of trade deals like ASEAN Australia New Zealand FTA and proposed ones like the RCEP and TPP, HSBC has said in a recent report.
Vietnam, US increase all-level dialogues Politics

Vietnam, US increase all-level dialogues

Deputy Prime Minister and Foreign Minister Pham Binh Minh and US Deputy Secretary of State Antony Blinken agreed on the need for Vietnam and the US to increase delegation exchanges and dialogues.
Luxembourg treasures ties with Vietnam Politics

Luxembourg treasures ties with Vietnam

Luxembourg treasures its relationship with Vietnam, Grand Duke of Luxembourg Henri said when he was presented with Vietnamese State President Truong Tan Sang’s credentials by Vietnam’s Ambassador to Belgium and Luxembourg Vuong Thua Phong on June 3.
Business

VIB awarded Best Banking Deal Vietnam 2015

Vietnam International Bank (VIB) has been recognised as the "Best Banking Deal Vietnam 2015" and "Fastest Growing Retail Bank in Vietnam 2015" by Global Banking and Finance Review.
Business

Cards win over more consumers

The Vietnam Bank Card Association's report says that 68.55 million bank cards were in use in the Vietnamese market at the end of the first quarter of 2014.
Business

Retail banking market continues to grow in Vietnam

The retail banking market in Vietnam has been extremely competitive among more than 100 credit institutions. Therefore, banks must provide customers with the highest value and service from the heart will help to achieve customers’ goals and aspirations.
Business

SeABank to raise charter capital

Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh has permitted SeABank to raise its charter capital to 5.46 trillion VND (260 million USD) from 5.33 trillion VND (254 million USD).
Business

Forum connects Vietnam-UK businesses

The Vietnam Chamber of Commerce and Industry (VCCI) coordinated with the British Embassy to hold a forum between the two countries’ business circles in Hanoi on September 30.
Politics

Vietnam, Laos step up financial cooperation

Vietnam is willing to share experience and work closely with Laos to promote the training of Lao lecturers, undergraduates and postgraduates in the field of finance and banking in Vietnam.
Business

Bank ties in with Citi

Citibank announced on July 12 that it had signed a memorandum of understanding with Vietnam Development Bank (VDB) to cement a long-term partnership in areas of funds raising, international banking, treasury services, cash management and training.