Embracing the digital transformation is critical for Vietnamese bankers in the era of Industry 4.0, experts said during the 2019 Asian Banker Conference in Hanoi on January 10.
The Supreme People’s Procuracy has prosecuted Tu Thanh Nghia, former General Director of the Vietnam-Russia oil and gas joint venture Vietsovpetro, for “abusing position and power to appropriate assets”.
The Tien Phong Commercial Joint Stock Bank (TPBank) has won the 2018 fastest-growing small- and medium-sized enterprise (SME) bank award from the Global Banking and Finance Review.
Deputy Prime Minister Vuong Dinh Hue called on Singapore’s Clermont Group to share its experience with and provide consultations for Vietnam in building and developing an ecosystem for fintech and digital banking.
Malaysia’s CIMB Bank launched in Vietnam a mobile banking app, OCTO, its first in any market, on December 4.
The Japan International Cooperation Agency (JICA) Vietnam Office and the Vietnam Women’s Union (VWU) signed a record of discussions for the “project of promoting gender responsive financial inclusion through the Vietnam Women’s Union” in Hanoi on November 28.
Two-way trade between the Republic of Korea (RoK) and the Association of Southeast Asian Nations (ASEAN) is expected to reach 160 billion USD this year as Seoul seeks to bolster ties with the 10-member regional bloc.
The Support to the Innovation and Development of Business Incubators Policy Project (BIPP), partly funded by the Belgian Government, has proved effective after nearly five years of implementation in Vietnam.
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.
The State Capital Investment Corporation (SCIC) was transferred from the Ministry of Finance to the Committee for Management of State Capital at Enterprises (CMSC) on November 12.
A workshop was held in Ho Chi Minh City on November 2 to discuss measures to further promote the development of Vietnam’s supply chain financing market in the digital age.
Prime Minister Nguyen Xuan Phuc made clear several issues under the watch of the Government during a question-and-answer session at the ongoing sixth plenum of the 14th National Assembly on November 1.
The number of transactions using new modes of payment has seen strong surges this year, Governor of the State Bank of Vietnam Le Minh Hung reported to the National Assembly during the Question-and-Answer session on November 1.
Experts have forecast real estate stocks might peak in the first half of 2019 or even earlier, in the last quarter of this year.
Masan Group Corporation has announced the completion of SK Group’s purchase of 109.89 million of its treasury shares at 100,000 VND (4.28 USD) per share for a total consideration of 470 million USD.
PricewaterhouseCoopers (PwC) predicts that the financial services sector in ASEAN will outpace that of more mature markets, according to the ASEAN Post.
The Asian Development Bank (ADB) on September 19 announced that it had approved a 300 million USD loan to support the Philippine government's effort to expand financial services across the country, especially among entrepreneurs, small businesses, farmers, workers, and individuals, including women and vulnerable households.
Thai Deputy Prime Minister in charge of legal affairs Wissanu Krea-ngam has said political parties will be given 60 days to campaign for the general election scheduled for December 2018 after the junta partly lifted a ban on political activities.
