new measures in force to accelerate handling of bad debts New measures in force to accelerate handling of bad debts

15:50 | 15/09/2017 Finance - Banking

(VEN) - The banking sector is coordinating with ministries and other sectors to accelerate the settlement of bad debts as set out by the National Assembly (NA) in Resolution 42/2017/NQ-QH14 that went into effect on August 15. The resolution allows credit institutions and the Vietnam Asset Management Company (VAMC) to trade in bad debts openly at market prices.
boosting banking credit efficiency to achieve economic growth target Boosting banking credit efficiency to achieve economic growth target

11:02 | 14/09/2017 Finance - Banking

It is necessary to ensure the quality and efficiency of banking credit in order to attain the Gross Domestic Product (GDP) growth target of 6.7% in 2017, according to economist Vu Dinh Anh.
vietnam japan financial leasing joint venture makes debut Vietnam-Japan financial leasing joint venture makes debut

14:42 | 13/09/2017 Finance - Banking

BIDV-SuMi TRUST Leasing Co., Ltd (BSL) officially opened in Hanoi on September 8, becoming the first financial leasing joint venture between a Vietnamese bank and a foreign financial institution in Vietnam.
apec discusses measures to boost msmes financial access APEC discusses measures to boost MSMEs financial access

14:19 | 12/09/2017 Finance - Banking

A financial forum was organized in Ho Chi Minh City, on September 11, seeking to enhance access to supply chain finance for micro, small and medium sized enterprises (MSMEs).
adb releases flagship statistical report for asia pacific ADB releases flagship statistical report for Asia-Pacific

14:09 | 11/09/2017 Finance - Banking

The Asian Development Bank (ADB) has released the 2017 edition of Key Indicators for Asia and the Pacific, providing the latest available economic, financial, social, and environmental statistics for the 48 regional members of ADB.
new regulations on import and export New regulations on import and export

14:39 | 08/09/2017 Finance - Banking

The Ministry of Finance has held a meeting to introduce changes in the list of Vietnam’s export and import goods as per Circular No 65/2017/TT-BTC.
bank shares surge on securities market Bank shares surge on securities market

15:03 | 07/09/2017 Finance - Banking

(VEN) - Bank shares, both listed and soon-to-be-listed, have become more attractive to investors thanks to the high credit growth since early this year and newly adopted bad debt reduction policies.
sbv focuses on bank cross ownership SBV focuses on bank cross-ownership

16:00 | 06/09/2017 Finance - Banking

Under a State Bank of Viet Nam’s draft law, which revises the Law on Credit Institutions, cases of purchase, sale or transfer of shares with a value of 1 percent or more of the banks’ charter capital must have the SBV’s written approval before implementation.
stock market thrives on net foreign buying Stock market thrives on net foreign buying

16:09 | 05/09/2017 Finance - Banking

(VEN) - Foreign indirect investments (FII) involve corporations, financial institutions and private investors buying stakes or positions in foreign companies that trade on a foreign stock exchange.
hanoi treasury asked to tighten state budget spending Hanoi Treasury asked to tighten state budget spending

16:18 | 04/09/2017 Finance - Banking

Secretary of Hanoi city Party Committee Hoang Trung Hai has asked the Hanoi Treasury to work closely with the relevant agencies to tighten state budget spending and avoid wasteful expenditure.
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