12/06/2019 08:06
The Vietnam Competition Authority, under the Ministry of Industry and Trade, has advised local consumers to be cautious in taking out online loans amid rampant online loan scams.
12/06/2019 08:05
Consumer finance companies should invest more in technology to avoid lagging behind in the digital era as technology has dramatically changed consumer behavior, said experts at a seminar in HCMC.
12/05/2019 14:09
According to the State Bank of Vietnam, the banking sector’s business performance in the first nine months of 2019 has been continuously improved with good results in terms of profits and credit growth. Besides such positive indicators, many banks also made a strong impression with significant events.
12/05/2019 08:40
The State Bank of Vietnam’s recent move to tighten loans in the real estate sector is expected to have no impact on low-income earners who wish to purchase apartments worth less than VND1.5 billion (US$64,900).
12/04/2019 10:03
The State Bank of Vietnam (SBV) announced Monday it has lowered the interest rates on compulsory reserves at banks by 0.4 percentage points.
12/04/2019 08:24
The State Bank of Vietnam has cut the reserve ratio in local currency at credit institutions to 0.8% from the previous 1.2% per year, applied since 2005.
12/03/2019 14:18
Vietnam’s four major state-owned banks might have to stop lending due to their low capital adequacy ratios, a central bank official has warned.
12/03/2019 08:35
Vietnam is expected to receive US$16.7 billion in overseas remittances this year, placing it among the 10 countries receiving the most remittances in the world.
12/03/2019 08:22
Prime Minister Nguyen Xuan Phuc lauded the State Bank of Vietnam’s latest moves to lower interest rates for deposits in Vietnamese dong and order local lenders to offer lower interest rates for key business sectors.
12/03/2019 08:16
Ho Chi Minh City-based commercial lender HDBank has been voted by the readers of VnEconomy as the Best Bank for Green Credit and the Bank with the Best Service Quality in 2019, reinforcing its stature as a green bank.