Finance

Credit expansion requires banks to keep watch on bad debts

The fact that bad debts are increasing faster than credit growth is a warning sign of pressure on the asset quality of the banking system, according...

Tariff pressure prompts call for further supply chain restructuring

The tariff decision should be seen as a prompt for Vietnamese businesses to reposition their competitiveness, strengthen their supply chains and move...

Việt Nam introduces special policies to strengthen anti-money laundering framework

The revisions focus on key areas, including the definition of beneficial ownership, verification of customer information, transparency of legal...

Funding shortages keep deposit rates elevated despite central bank efforts

State Bank of Vietnam (SBV) Governor Phạm Đức Ấn said strong credit demand had made it increasingly difficult for the central bank to steer interest...

US imposes new tariffs of up to 12.5% on imports from 60 trading partners

The latest measures are intended to encourage trading partners to adopt and implement similar restrictions.

Remittances to HCM City down 23% in H1

If the global economy avoids major disruptions and the current recovery trend continues in the second half of the year, HCM City’s total remittance...

Techcombank posts record Q2 profit on strong fee income and digital growth

The bank posted pre-tax profit of VNĐ18.5 trillion (US$703 million) in the first half of the year, up 22.5 per cent year-on-year.

Banks create more value for credit cards to raise competitive edge

Product personalisation, digitisation of the entire user journey and connection with consumer ecosystems are predicted to become the dominant trend...

Businesses continue to seek cheaper financing as lending rates remain high

Business representatives said high interest rates are not only increasing financing costs, but also discouraging investment, particularly among small...

Cooling-off period asked for large online transfers to curb fraud

The move aimed to enhance customer protection, reduce fraud risks in payment.





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