Vietnam > Finance

Weak credit demand leads to credit growth at only 4.81% in Jan-Sept

09/23/2020 08:01

The growth rate is far away from the credit growth target of 14% set by the government for this year.

Headlines

Vietnam > Finance

Weak credit demand leads to credit growth at only 4.81% in Jan-Sept

09/23/2020 08:01

The growth rate is far away from the credit growth target of 14% set by the government for this year.

Vietnam > Finance

SBV eyes further interest cut

09/23/2020 07:55

The State Bank of Vietnam (SBV) sought to further cut interest rate in an effort to boost the country's economic recovery, said its deputy-governor Nguyen Thi Hong in an SBV's press conference held by yesterday in Ha Noi.

Vietnam > Finance

Vietnam central bank reports 4.81% credit growth as of September 16 versus end-2019

09/22/2020 14:19

 Vietnamese banks’ total lending rose 4.81% as of Sept. 16 from the end of last year, the State Bank of Vietnam said on Tuesday.

Vietnam > Finance

Hanwha Life Vietnam deepens footprint in Ho Chi Minh City

09/22/2020 08:13

Strictly adhering to a customer-centric philosophy, South Korean-backed Hanwha Life Vietnam today inaugurated its new sale office and customer service centre at the seventh floor of UEF Building in Binh Thanh district, Ho Chi Minh City.

Vietnam > Finance

VieON experiencing payments disruptions with 45 per cent of customers after losing MoMo

09/22/2020 08:11

OTT platform VieON was left in the lurch by after a one-sided contract termination by MoMo.

Vietnam > Finance

Special tax incentives for National Innovation Centre from early October

09/22/2020 08:11

Research and development and investment activities in the National Innovation Centre will enjoy special tax incentives from October 5, 2020.

Vietnam > Finance

Shopping habit focus for new Visa initiative

09/22/2020 08:07

With a significant rise in e-commerce and cashless payments during the COVID-19 pandemic, global digital payment leader Visa has launched the “Where You Shop Matters” initiative through partnerships with Shopee and Now to provide a seamless online shopping experience.

Vietnam > Finance

VPBank and Proparco co-operate to promote green credit in Viet Nam

09/19/2020 11:36

VPBank and Proparco - the private sector financing branch of Agence Française de Developpement (AFD) have signed a US$50 million loan with the aim of supporting climate-friendly initiatives, green and energy efficient projects, as well as small-and-medium enterprises (SMEs) in the country.

Vietnam > Finance

Regional financial co-operation vital in the fight against COVID-19

09/19/2020 11:28

Regional and financial co-operation are crucial to strengthen the co-ordination and respond to the impacts of the COVID-19 pandemic and support a sustained economic recovery, participants agreed at a meeting held Friday in Ha Noi.

Vietnam > Finance

Banks ask for higher credit quota to prepare for peak lending season

09/19/2020 11:24

Despite a credit slowdown in the first half of 2020, some private commercial banks have still asked the State Bank of Viet Nam (SBV) for a credit growth expansion to prepare for a peak lending season expected at the end of the year.

 

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