Vietnam > Finance

SBV focuses on improving credit quality

01/19/2022 09:33

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has issued Directive No.01/CT-NHNN on organising the implementation of the key tasks of the banking sector, with a focus on improving credit quality and tightly controlling loans to potentially risky industries.

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Vietnam > Finance

SBV focuses on improving credit quality

01/19/2022 09:33

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has issued Directive No.01/CT-NHNN on organising the implementation of the key tasks of the banking sector, with a focus on improving credit quality and tightly controlling loans to potentially risky industries.

Vietnam > Finance

Government issues new decree on registration fees

01/19/2022 08:27

Deputy Prime Minister Le Minh Khai has recently signed Decree No. 10/2022 on regulating registration fees. The decree will take effect from March 1 this year.

Vietnam > Finance

IFC increases loan package for SeAbank to $220 million

01/19/2022 08:24

 After four months, the International Finance Corporation (IFC) and international lenders increased the loan package granted to Southeast Asia Commercial Joint Stock Bank (SeABank), from US$150 million to $220 million in order to maintain the cooperation with SeABank in re-financing SMEs, women-owned businesses and the climate.

Vietnam > Finance

MB promotes investment assistance for Vietnamese expatriates

01/19/2022 08:12

Military Commercial Joint Stock Bank (MB) serves as a critical credit institution, offering comprehensive financial and investment guidance to Vietnamese expatriates living and working abroad.

Vietnam > Finance

Japanese banks adjust to demographics

01/19/2022 08:10

Japanese groups are advancing closer collaboration with Vietnam’s financial institutions to capture the increasingly enticing demographic variables in the Southeast Asian nation and expand their footprint even further, thanks to the rising aid from deep-pocketed parents.

Vietnam > Finance

Banking sector faces opportunities, challenges in 2022

01/18/2022 08:21

The complicated developments of the Covid-19 pandemic make the 2022 global economic outlook and inflation unpredictable, posing challenges for the banking sector.

Vietnam > Finance

Vietnamese banks urged to tighten lending in real estate, securities

01/18/2022 08:21

Credit should be channeled to priority fields and production/business activities with positive impacts on socio-economic development.

Vietnam > Finance

Govt' to slash VAT from 10% to 8% in 2022

01/18/2022 08:16

The Government is considering slashing VAT to 8 per cent from 10 per cent for a large number of businesses in 2022, starting from February. The move has been said to amount to a VND49.4 trillion (US$2.17 billion) tax break for businesses, nearly three times the tax cut they received throughout 2021, according to finance minister Ho Duc Phoc.

Vietnam > Finance

Citi announces agreement to sell consumer bank to UOB Group

01/15/2022 20:15

Citi on Friday announced it has reached an agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Viet Nam, Indonesia, Malaysia and Thailand.

 

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