Vietnam > Finance

IFC plans to pour US$320 million into three Vietnamese banks

12/09/2022 10:24

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed a total investment of US$320 million in three Vietnamese banks, reported the Nikkei Asia.

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Vietnam > Finance

IFC plans to pour US$320 million into three Vietnamese banks

12/09/2022 10:24

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed a total investment of US$320 million in three Vietnamese banks, reported the Nikkei Asia.

Vietnam > Finance

MVV Academy accompanies BIDV to launch SME digital platform

12/09/2022 07:57

Bank for Investment and Development of Vietnam (BIDV) launched BIDV SMEasy digital platform to support SMEs. The platform is sponsored by the Asian Development Bank (ADB), while MVV Academy is a consulting and development unit.

Vietnam > Finance

Vietnam’s central bank raises credit growth cap, pumps $8.4bn into economy

12/09/2022 07:52

The State Bank of Vietnam (SBV) has revised up the credit growth target for the domestic banking system by 1.5-2 percentage points from its previous target of 14 percent, allowing it to pump an additional VND200 trillion (US$8.4 billion) into the local economy.

Vietnam > Finance

Bancassurance market heats up with deals worth trillions of dong

12/08/2022 08:12

The Vietnamese bancassurance market is heating up with a notable exclusive bancassurance agreement signed between LienVietPostBank and Dai-ichi Life Insurance Company of Vietnam (Dai-ichi Life Vietnam).

Vietnam > Finance

Ministry urged to remove difficulty in VAT refund for wood companies

12/08/2022 08:08

The Ministry of Agriculture and Rural Development has sent a document to the Ministry of Finance about removing difficulties in the refund of value added tax to wood processing and export companies.

Vietnam > Finance

PM urges banks’ credit to run into key economic sectors

12/08/2022 08:06

Banks are requested to be responsible for supporting growth and containing inflation simultaneously.

Vietnam > Finance

Banks admitting weak ones proposed to get higher foreign ownership restrictions

12/07/2022 13:56

The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership limit for credit institutions that receive the compulsory transfer of weak credit institutions to 49 per cent.

Vietnam > Finance

Central bank to raise credit limit, banks slash interest rates

12/07/2022 07:58

The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14 per cent limit on December 5.

Vietnam > Finance

Central bank expands credit growth target amid rising capital demand

12/07/2022 07:57

The expansion of the credit room by 1.5-2 percentage points would mean an addition of VND156-200 trillion ($6.5-8.3 billion) being injected into the economy.

Vietnam > Finance

Vietnam central bank raises cap on 2022 credit growth

12/06/2022 16:05

Vietnam's central bank said on Monday it had raised its 14% cap on the local banking system's credit growth for this year by 1.5-2.0 percentage points.

 

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