Prime Minister meets with foreign leaders in Davos Politics

Prime Minister meets with foreign leaders in Davos

Prime Minister Nguyen Xuan Phuc had bilateral meetings with many foreign leaders and business executives on January 24 (local time) on the sidelines of the annual conference of the World Economic Forum (WEF) 2019 in Davos.
Bad debt ratio among banks drops sharply to 6.7 percent Business

Bad debt ratio among banks drops sharply to 6.7 percent

Vietnam’s finance and banking sector has reduced its ratio of non-performing loans (NPLs) – including both NPLs owned by credit institutions and the Vietnam Asset Management Company – from 17.2 percent in 2012 to 6.7 percent at the end of June 2018.
More Japanese banks partner with BIDV Business

More Japanese banks partner with BIDV

The Bank for Investment and Cooperation of Vietnam (BIDV) and four banks of Japan’s Resona Group have signed a cooperation agreement on supporting Japanese firms in Vietnam.
VnFinance in France holds finance-banking workshop Business

VnFinance in France holds finance-banking workshop

The association of Vietnamese people working in finance in France (VnFinance) has recently held an international workshop, attracting a large number of Vietnamese and French experts who are interested in finance and banking.
SBV to tighten rules for commercial banks Business

SBV to tighten rules for commercial banks

The State Bank of Vietnam (SBV) has decided to push ahead with restructuring the banking system, applying stricter measures to effectively prevent cross-ownership at commercial banks.