Finance

Banks end magnetic cards, require biometrics for firms from July 1

From July 1, banks across Việt Nam stopped using magnetic stripe cards and now require biometrics for company accounts to prevent fraud and improve...

Platforms to help online sellers pay taxes from July 1

Economic experts described this as a major shift in tax administration aimed at enhancing the efficiency of tax collection from the fast-growing...

Amended Law on Credit Institution is positive for banks, say analysts

The National Assembly last Friday approved revisions to the 2024 Credit Institution Law, significantly strengthening banks’ ability to recover bad...

Central bank resumes issuing bills after four months of suspension

Four commercial banks won the SBV’s bid for VNĐ3.1 trillion worth of bills with a term of seven days and an interest rate of 3.5 per cent per year.

SBV authorised to grant zero-interest, collateral-free special loans

Special loans from the State budget should only be provided when credit institutions face liquidity difficulties or to facilitate compulsory recovery...

$13.4 billion lent through annual HCM City bank-business connection programme

Nearly VNĐ350 trillion (US$13.38 billion) was disbursed through the HCM City’s annual bank–business linkage programme in the first half of this year...

New policy on dividend payment of State-owned credit institutions issued

The Government has issued new regulations on payment of dividends by credit institutions in which the State holds 50 per cent or more of charter...

Overhaul of legal framework aims to tackle bad debts

The financial market has witnessed a wave of mandatory bank acquisitions in the recent past. Early this year, major commercial lenders MB, HDBank...

Low interest rates hold steady as banks brace for lending peak

Interest rates have dropped to their lowest in years, with the central bank signalling continued support as the economy enters the year-end peak...

Overnight interbank interest rate hits 16-month low thanks to abundant liquidity

According to data from the US Federal Reserve’s New York branch, the gap between the US secured overnight financing rate (SOFR) and the Việt Nam’s...





Bank stocks

Insurance stocks

MOST READ

Back To Top