sacombank vows to finish settling bad debts in five years Sacombank vows to finish settling bad debts in five years

16:04 | 26/04/2018 Finance - Banking

The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has pledged to finish settling all of the 100 trillion VND (US$4.38 billion) of its bad debts in five years, instead of 10 years as stated in the restructuring plan approved by the State Bank of Vietnam.
stable interest and exchange rates forecast for 2018 Stable interest and exchange rates forecast for 2018

14:53 | 24/04/2018 Finance - Banking

(VEN) - Macroeconomic developments and the impact of the international financial market signal a low probability of lower interest rates in 2018. At the same time, stable exchange rates and a high trade surplus are forecast for the year.
vietnam chinas macau ink double taxation avoidance pact Vietnam, China’s Macau ink double taxation avoidance pact

10:46 | 23/04/2018 Finance - Banking

An agreement was inked between Vietnam and China’s Macau Special Administrative Region (SAR) to avoid double taxation as well as prevent tax evasion, according to a press release by the Macau SAR’s financial service department on April 16.
banks lower deposit rates following good liquidity Banks lower deposit rates following good liquidity

13:19 | 21/04/2018 Finance - Banking

Many banks have recently reduced deposit interest rates by 0.2-0.4 percentage points against earlier this year due to good capital mobilization amidst the credit slowdown.
vietnam japan audit agencies urged to lift cooperative ties Vietnam, Japan audit agencies urged to lift cooperative ties

15:32 | 20/04/2018 Finance - Banking

President of the Audit Commission (AC) of Japan Teruhiko Kawato has suggested Vietnam and Japan elevate bilateral audit cooperative relations to a new height. 
vietnams securities market may get emerging status Vietnam’s securities market may get ‘emerging status’

10:54 | 19/04/2018 Finance - Banking

Vietnam’s securities market may be upgraded to the emerging market status from its current frontier market by 2020, according to the latest SSI Retail Research.
about us 129 million poured into fintech industry About US$129 million poured into fintech industry

14:37 | 18/04/2018 Finance - Banking

Start-ups in Vietnam have invested around US$129 million in the field of fintech, according to Varun Mittal, Ernst & Young (EY) ASEAN fintech leader.
banks fulfill 25 30 percent of profit goal Banks fulfill 25-30 percent of profit goal

14:57 | 17/04/2018 Finance - Banking

Many banks were estimated to meet 25-30 percent of their annual profit targets by the end of March, although the first quarter is usually the most sluggish for banks.
hnx moscow exchange sign mou on cooperation HNX, Moscow Exchange sign MoU on cooperation

10:14 | 16/04/2018 Finance - Banking

The Hanoi Stock Exchange and the Moscow Exchange (MOEX) signed a Memorandum of Understanding (MoU) on cooperation within the framework of the 22nd Capital Market Development Forum in Moscow on April 10. 
vietnam steps up regulations on digital currency Vietnam steps up regulations on digital currency

09:06 | 13/04/2018 Finance - Banking

Prime Minister Nguyen Xuan Phuc has signed a directive calling for stronger measures to rein in Bitcoin and other digital currencies as it is feared that they could destabilise the financial market and hurt traders.
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