new state budget rules start from august New state budget rules start from August

15:34 | 02/08/2017 Finance - Banking

Starting August 1st, establishments that draw funds from the State budget will have to publicise their budget estimates and balance every quarter under a new Circular of the Ministry of Finance.
fwd signs exclusive 15 year bancassurance partnership with nam a bank FWD signs exclusive 15 - Year bancassurance partnership with Nam A Bank

14:56 | 01/08/2017 Finance - Banking

(VEN) - FWD Vietnam Life Insurance Company Ltd. (“FWD”) and Nam A Commercial Joint Stock Bank (“Nam A Bank”) have signed an exclusive 15-year bancassuarance partnership to provide comprehensive and diverse life insurance products for Nam A Bank’s customers.
petrolimex to launch non cash payment service Petrolimex to launch non-cash payment service

15:19 | 31/07/2017 Finance - Banking

Domestic ATM card holders of 41 National Payment Corporation of Vietnam (NAPAS) member banks can pay by card at the Vietnam National Petroleum Group (Petrolimex)’s petrol stations nationwide from August 1.
banks cut short term deposit interest rates Banks cut short-term deposit interest rates

17:04 | 29/07/2017 Finance - Banking

After two weeks of lowering lending interest rates for short-term VND loans following the State Bank of Vietnam (SBV)’s cue, several commercial banks have reduced their deposit interest rates.
vietcombank joins swift gpi Vietcombank joins SWIFT GPI

19:12 | 28/07/2017 Finance - Banking

SWIFT announces today that Vietcombank is the first bank in Vietnam to sign up for its global payments innovation initiative, SWIFT GPI.
sbv prepares bad debt settlement plan SBV prepares bad debt settlement plan

10:08 | 27/07/2017 Finance - Banking

The central bank on July 21 held an online conference to prepare for the implementation of the scheme to settle non-performing loans (NPL) and restructure credit institutions in the 2016-20 period.
gobear is to launch unsecured loan awareness page Gobear is to launch unsecured loan awareness page

14:34 | 25/07/2017 Finance - Banking

On July 24, GoBear Vietnam is to launch unsecured loan awareness page on website in Ho Chi Minh City.  
credit as a lever for growth caution should be exercised Credit as a lever for growth: Caution should be exercised

14:37 | 24/07/2017 Finance - Banking

(VEN) - Credit growth in the early months of the year has reflected the recovery of the economy and its ability to absorb business capital. However, caution should be exercised when using credit as a lever for growth.  
citi launches new debit mastercard in vietnam Citi launches new debit Mastercard in Vietnam

14:43 | 21/07/2017 Finance - Banking

Following Citi’s global success of launching Mastercard Debit cards in countries around the world, Citi Vietnam will join 10 key Asia-Pacific markets in issuing their customers with the new, contactless Citibank Debit Mastercard.
banking loans should be prioritized for production start ups Banking loans should be prioritized for production, start-ups

14:39 | 19/07/2017 Finance - Banking

Minister and Chairman of the Government Office Mai Tien Dung has asked the State Bank of Vietnam (SBV) to prioritise banking loans for start-ups and enterprises in production and manufacturing areas to ensure credit growth targets.
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