banks set dates for 2018 agms Banks set dates for 2018 AGMs

16:01 | 07/02/2018 Finance - Banking

After gaining positive business performance last year, many banks have planned to hold annual general meetings (AGMs) for 2018 soon.
moodys optimistic about bad debt resolution in vns banks Moody’s optimistic about bad debt resolution in VN’s banks

16:12 | 06/02/2018 Finance - Banking

Some Vietnamese banks have made meaningful progress in the resolution of legacy problem assets, a positive credit for the sector, Moody’s said on February 5.
shb awarded best domestic bank in vietnam by the asset SHB awarded Best Domestic Bank in Vietnam by The Asset

15:47 | 05/02/2018 Finance - Banking

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has recently been honoured as “Best Domestic Bank” of Vietnam in 2017 in The Asset Asian Awards (Triple A).
tax sector asked to surpass state budget estimate Tax sector asked to surpass State budget estimate

14:42 | 02/02/2018 Finance - Banking

The Finance Ministry’s General Department of Taxation should strive to surpass at least 3 percent of the State budget estimate of more than 1,070,200 billion VND (US$55.88 billion), said Prime Minister Nguyen Xuan Phuc.
banks help low income earners Banks help low-income earners

15:02 | 01/02/2018 Finance - Banking

Commercial banks and financial companies are competing fiercely for a slice of the profitable personal-loan market as demand often rises sharply at the end of the Lunar New Year.
vietnam orders banks to tighten lending in stock real estate markets Vietnam orders banks to tighten lending in stock, real estate markets

15:25 | 31/01/2018 Finance - Banking

Vietnam’s central bank has ordered lenders to tighten control of investment loans intended for the stock and real estate markets, warning risks of bad debt.
2018 predictions credit growth monetary stability interest drop 2018 predictions: Credit growth, monetary stability, interest drop

15:03 | 30/01/2018 Finance - Banking

(VEN) - Credit growth of 19 percent, foreign exchange reserves at an all-time high of more than US$50 billion and commercial bank profits of over 40 percent were the Vietnamese financial market’s bright spots in 2017. Experts’ predictions signal that growth will continue in 2018.
central bank targets 17 percent credit growth Central bank targets 17 percent credit growth

10:23 | 29/01/2018 Finance - Banking

The State Bank of Vietnam (SBV) has set its sights on 17 percent credit growth this year, slightly down from 18.17 percent last year.
rok group acquires prudential finance in vietnam RoK Group acquires Prudential Finance in Vietnam

14:53 | 26/01/2018 Finance - Banking

Prudential Plc on January 23 announced that it had reached an agreement to sell 100 percent of its Prudential Vietnam Finance Company (PVFC) to Shinhan Card Co Ltd, a subsidiary of the Shinhan Financial Group (Shinhan), at a cost of US$151 million.
vietnam in urgent need for national financial inclusion strategy Vietnam in urgent need for national financial inclusion strategy

14:55 | 25/01/2018 Finance - Banking

Vietnam is in urgent need for a national strategy on financial inclusion, which is in line with the country’s socio-economic development strategy, according to Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Kim Anh.
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