Techcombank honoured Best Payments Bank in Vietnam Business

Techcombank honoured Best Payments Bank in Vietnam

The Vietnam Technological and Commercial JSC (Techcombank) has been named the Best Payments Bank in Vietnam in 2019 by the Asian Banker thanks to its use of high technology in providing payment solutions to customers.
Most banks upbeat about 2019 performance Business

Most banks upbeat about 2019 performance

Most banks will not officially set their annual targets until their shareholder meetings in April, but many bank leaders are optimistic about 2019 with plans to increase profits through cutting operating costs and promoting digital services.
Forex lending to continue next year Business

Forex lending to continue next year

The State Bank of Vietnam (SBV) is drafting a new circular on foreign currency lending, allowing credit institutions and foreign bank branches to extend loans to some borrowers in 2019 instead of cutting them off at the end of this year as planned.
Can Tho: more workers go to work in RoK Business

Can Tho: more workers go to work in RoK

The Mekong delta city of Can Tho has seen an increasing number of Vietnamese labourers going to the Republic of Korea as guest workers through joint programmes between the two countries.
Vietnam among world’s top recipients of ODA, soft loans Business

Vietnam among world’s top recipients of ODA, soft loans

Vietnam has received 80 billion USD in official development assistance (ODA) and preferential loans since 1993, becoming one of the largest ODA recipients in the world, said Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh.
Low interest rate slows G-bond sales Business

Low interest rate slows G-bond sales

Despite potential of expansion due to high investment demand, little capital has been mobilised from Government bonds due to interest rates below investors’ expectation.