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.
Up to 80 of the most innovative startup firms from the ASEAN region will be featured at the World Economic Forum on ASEAN (WEF ASEAN), of which, three are from Vietnam.
How to ensure financial sustainability and long-term financial services for the poor at the same time remains a headache for both policy makers and financial service suppliers.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) gained 4.87 points to stay at 991.92 points on August 27, with 189.5 million shares valued at more than 4.47 trillion VND (192 million USD) traded.
Momo e-wallet service and Home Credit Vietnam finance company entered strategic cooperation on August 22 to help their clients enjoy smooth, swift, convenient and economical financial services.
The Republic of Korea (RoK) and Singapore have agreed to enhance cooperation in the financial technology (fintech) sector, according to the RoK’s Financial Services Commission (FSC).
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.
The State Bank of Vietnam (SBV) and the Republic of Korea (RoK)’s Financial Services Commission (FSC) has signed a memorandum of understanding on cooperation in the field of financial innovation in Hanoi.
Chairman of the Financial Services Commission (FSC) of the Republic of Korea (RoK) Choi Jong-ku will pay a four-day visit to Vietnam to seek ways to foster financial cooperation with the country.
Vietnam is in urgent need for a national strategy on financial inclusion, which is in line with the country’s socio-economic development strategy, according to Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Kim Anh.
The AEON 1% Club Foundation, a member of Japanese retail and financial services corporation AEON, granted 60 scholarships to Vietnamese university students at a ceremony held in Hanoi on December 12.
National carrier Vietnam Airlines and Agribank have signed a co-operation agreement to promote the sale of each other’s products and services in the future.
APEC finance ministers will focus on discussing four cooperation priorities in 2017, including long-term infrastructure investment, base erosion and profit shifting (BEPS), disaster risk financing and insurance (DRFI), and inclusive finance, at their 24th meeting and related events in Hoi An city, the central province of Quang Nam, from October 19-21.
Vietnam has significant room to promote inclusive finance, given 70 percent of its population is living in rural areas and many are locked out of the conventional banking system due to low income, experts have said.
Researchers at the Vietnam National University (VNU) – Hanoi have presented results of a consumer lending survey showing that the majority of Vietnamese people have never used a consumer loan.
An event to promote Vietnam’s financial services was recently held in Nanning city in China’s southwestern province of Guangxi, gathering nearly 100 representatives from China, Vietnam and Thailand.
The International Finance Corporation (IFC), a member of the World Bank Group, will support Southeast Asian countries to establish and develop the ASEAN Financial Innovation Network (AFIN).
The 2017 Banking Vietnam Conference and Expo will take place from May 18 to 19 this year in HCM City focusing on digital technology, according to the State Bank of Vietnam.
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