Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu, who is also head of the trade union of Vietnamese banks, met with a trade union delegation of Belarus’s finance-banking sector in Hanoi on May 22.
Most State-owned enterprises were operating at a profit but still needed to improve their operational efficiency, according to a report by the State Audit Office of Vietnam (SAV).
Vietnam's interbank e-payment system handled 37 million transactions worth nearly 21 quadrillion VND (898.4 billion USD) in the first quarter of the year, up 23 percent and 17.8 percent respectively compared to 2018, according to the State Bank of Vietnam (SBV).
Capital divestment from State-owned enterprises (SOEs) had slowed and was still facing difficulties, said Dang Quyet Tien, Director of the Corporate Finance Department under the Ministry of Finance.
The topic on how to apply digital technologies to promote financial inclusion in Vietnam will be discussed at the Banking Vietnam Conference and Expo 2019 (Banking Vietnam), which will take place in Hanoi on May 30.
The risk of money laundering in Vietnam is at “average high” level, and that of terrorist financing at “low” level, according to a recent report released by the State Bank of Vietnam (SBV).
Despite credit growth among Vietnamese credit institutions remaining low this year, experts are not concerned about the slowdown, saying it was a good sign for the economy.
In Quang Ninh’s socio-economic development plan for 2020, with a vision to 2030, the province is determined to promote Ha Long city as a smart city.
Challenges related to network security, customer trust and an inadequate legal framework are road blocks to the digital transformation of Vietnamese banks, experts told a recent conference in HCM City.
The State Bank of Vietnam (SBV) will grant more autonomy in terms of capital mobilisation and lending to commercial banks, SBV Deputy Governor Dao Minh Tu said on May 16.
A cooperation deal has been signed between the Vietnam Business Association for Cooperation and Investment in Laos (BACI) and the Young Entrepreneurs Association of Laos (YEAL), expected to open up more partnership chances for the countries’ businesses.
Prime Minister Nguyen Xuan Phuc welcomed the opening of an office of the Austrian Federal Economic Chamber (WKO) in Vietnam and urged Austrian firms to invest in the country.
The capital adequacy ratio (CAR) of Vietnam's credit institutions has improved thanks to their increased equity.
Recruitment demand of Ho Chi Minh City continues to increase in May, needing about 30,000 workers, according to the city’s Resources Forecast and Labour Market Information (Falmi) Centre.
A fifth of all Vietnamese enterprises do not have access to financial loans, according to the Vietnam Chamber of Commerce and Industry (VCCI).
A meeting held in Hanoi on May 10 discussed financial solutions for businesses amid the current context in which roughly 20 percent of firms in need of funding still have problems gaining access to credit.
Small and medium – sized enterprises (SMEs) are advised to identify their difficulties in the context of rapid international integration in order to develop in a sustainable manner, heard a forum held in Hanoi on May 9.
Deputy Prime Minister Trinh Dinh Dung appreciated the contributions made by Vietnamese and US businesses to their countries’ relations over the last 25 years, while attending a business summit in Hanoi on May 10.
