10:50 | 22/08/2017 Finance - Banking
(VEN) - Some large foreign banks operating in Vietnam have recently scaled down their business or withdrawn capital from Vietnamese banks. However experts say there is no cause for concern.
14:08 | 21/08/2017 Finance - Banking
Outstanding debt in Vietnam’s bond market is targeted at 45 percent of total GDP in 2020 and about 65 percent of GDP in 2030, according to a recently approved roadmap for the market development.
PM: Pace of credit growth should be speeded up
09:31 | 16/08/2017 Finance - Banking
Prime Minister Nguyen Xuan Phuc has called for an increase in credit growth to 21 percent this year to help the country hit its economic growth target, state media reported on Monday, potentially adding to concerns over the pace of new lending.
Citi Vietnam named 2017 Best Corporate/Institutional Digital Bank by Global Finance Magazine
09:32 | 11/08/2017 Finance - Banking
(VEN) - Citi swept the country awards in the Corporate/Institutional Digital Bank category, winning 15 accolades for Vietnam, Australia, Bangladesh, Hong Kong, India, Indonesia, Kazakhstan, Malaysia, New Zealand, Pakistan, Singapore, South Korea, Sri Lanka, Philippines and Thailand.
Credit for production, exports increases
14:16 | 09/08/2017 Finance - Banking
(VEN) - Credit growth in the first half of this year reached 7.54 percent, the highest level in the last six years. In particular, credit was boosted for production, and at a slower rate for investment activities and real estate.