Saturday, November 17, 2018 - 14:19:22

financial products and services

Banking apps the way forward

Business

Banking apps the way forward

Banking apps on cell phones are helping people in rural areas manage their finances, said Pham Xuan Hoe, deputy director general of the Banking Strategy Institute at the State Bank of Vietnam (SBV) at the launching ceremony of the i3 programme held in Hanoi on November 14.

Domestic banks adapt to fourth industrial revolution

Business

Domestic banks adapt to fourth industrial revolution

Amidst the fourth industrial revolution, domestic banks have actively invested in technologies to improve their products, services and governance, Vice Governor of the State Bank of Vietnam (SBV) Nguyen Kim Anh told a seminar in Hanoi on June 15.

Creditors adjust growth forecasts

Business

Creditors adjust growth forecasts

Despite expectations of stable interest rate levels this year, credit institutions have made adjustments in their forecast for capital mobilisation and credit growth in the second quarter and the year.

ASEAN, Russia issue Sochi Declaration

ASEAN

ASEAN, Russia issue Sochi Declaration

The ASEAN-Russia Commemorative Summit to mark the 20th anniversary of ASEAN-Russia dialogue partnership issued a Sochi Declaration, affirming their commitment to moving towards a strategic partnership

Foreign stock investments regain head of steam

Business

Foreign stock investments regain head of steam

Total foreign investment in the nation's stock market has fallen to 7 billion USD in 2009 from a peak of 11-12 billion USD in 2007, but current rates of investment represent a significant recovery from the 2008 economic crisis, State Securities Commission chairman Vu Bang told Vietnam News.

A new State Bank of Vietnam report on foreign indirect investment showed that an estimated 1.8 billion USD worth of foreign capital was injected into securities in the first six months this year.