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Vietnam > Finance

Consumer finance growth cooling down to mitigate risks

21/09/2018 14:47 | 0 comments

Local consumer finance firms have been slowing down development through tightening internal management processes and customer selection, aiming for a more sustainable growth path.

Vietnam > Stock Market

Finance, petroleum stocks extend market’s rally

21/09/2018 14:22 | 0 comments

Vietnamese shares gained steadily on Thursday, driven by positive investor confidence that lifted financial-banking and energy stocks.

Vietnam > Finance

Financial sector struggles to restructure

21/09/2018 14:20 | 0 comments

Viet Nam is confronting challenges in the process of restructuring the public financial sector, Deputy Minister of Finance Do Hoang Anh Tuan said during a forum on Thursday.

Cambodia > Finance

Canadia sets aside $150M for SMEs

21/09/2018 14:06 | 0 comments

Canadia Bank, the Kingdom’s second largest bank by assets, has reserved a $150 million financing package designed to grant loans to small and medium- enterprises (SMEs), the bank’s executive Charles Vann confirmed Wednesday.

Vietnam > Finance

SBV pushes restructuring of credit institutions

21/09/2018 08:04 | 0 comments

Earlier this week, the State Bank of Viet Nam (SBV) issued a directive to hasten the restructuring of credit institutions associated with resolving bad debts.

Vietnam > Finance

Vietnam Banking Report 2018: Amidst earnings announcement, concerns about capital adequacy remain

20/09/2018 10:48 | 0 comments

In the first half of 2018, the Vietnamese banking sector enjoyed VND35.5 trillion (US$1.53billion) in net profit, equivalent to 64 per cent of the previous year. Thanks to improved financial efficiency, progress was made in tackling bad debt, effective digitisation and thriving bancassurance partnerships, while bank stocks have become more attractive again. By September 2018, the sector saw its stock price performance rise by 22 per cent since the start of the year.

Vietnam > Finance

Techcombank named best bank in Viet Nam 2018

20/09/2018 08:01 | 0 comments

Techcombank has been named “Best Bank in Viet Nam 2018” by the financial publication Euromoney’s “Awards for Excellence 2018”.

Cambodia > Finance

NBC launches financial literacy campaign

19/09/2018 10:03 | 0 comments

The National Bank of Cambodia (NBC) on Tuesday unveiled a financial literacy campaign aimed at boosting awareness among young Cambodians by way of their mobile devices.

Vietnam > Finance

VN and South Korea discuss tax policies

18/09/2018 10:38 | 0 comments

Simplified tax and customs procedures would attract more foreign investors to Viet Nam, said South Korean Ambassador Kim Do-huyn at a conference in Ha Noi on September 17.

Vietnam > Finance

More banks provide e-tax payment service

18/09/2018 08:02 | 0 comments

The General Department of Customs (GDC) announced another four banks that qualify to provide its 24/7 e-tax payment scheme, raising the total to 22 banks.

 
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