adb offers us 100 million to boost financial development in vietnam ADB offers US$100 million to boost financial development in Vietnam

09:34 | 07/12/2018 Finance - Banking

The Asian Development Bank (ADB) has approved a US$100 million policy-based loan, aimed at developing Vietnam’s finance sector in order to support long-term economic growth and tackle income inequality.
retail banking boosts sectors income Retail banking boosts sector’s income

16:00 | 05/12/2018 Finance - Banking

The retail banking segment has contributed significantly to banks’ revenue this year.
deposit insurance law facilitates depositor safety Deposit insurance law facilitates depositor safety

11:10 | 04/12/2018 Finance - Banking

(VEN) - A large number of Vietnamese people choose to deposit their money into a bank to keep their money secured and lucrative. Their deposits nowadays can be much better secured with deposit insurance services offered by the Deposit Insurance of Vietnam (DIV). In cases where the bank collapses, depositors will have their savings paid by the DIV.
forex lending to continue next year Forex lending to continue next year

14:49 | 03/12/2018 Finance - Banking

The State Bank of Vietnam (SBV) is drafting a new circular on foreign currency lending, allowing credit institutions and foreign bank branches to extend loans to some borrowers in 2019 instead of cutting them off at the end of this year as planned.
new financing mechanism provides opportunities for smes New financing mechanism provides opportunities for SMEs

14:26 | 30/11/2018 Finance - Banking

(VEN) - According to the Ministry of Planning and Investment, a growing number of Vietnamese enterprises and financial institutions are  participating in supply chain finance (SCF) operations, facilitating access to operating capital by small to medium-sized enterprises (SMEs).
vietnam china seek to step up financial cooperation Vietnam, China seek to step up financial cooperation

14:11 | 29/11/2018 Finance - Banking

Vietnamese Minister of Finance Dinh Tien Dung held talks with his Chinese counterpart Liu Kun in Beijing on November 27 as part of his working visit to China from November 25-30.
south korean banks eye major vietnam expansion South Korean banks eye major Vietnam expansion

16:12 | 28/11/2018 Finance - Banking

South Korean banks are setting themselves up to score big in Vietnam as foreign ownership limits would be loosened.
e payments urged to minimize tax evasion and losses E-payments urged to minimize tax evasion and losses

10:20 | 27/11/2018 Finance - Banking

(VEN) - As more than 80 percent of e-commerce transactions in Vietnam are still cash-on-delivery, tax authorities are unable to oversee the activities, resulting in losses for the state budget. Given the steady expansion of e-commerce in Vietnam, promoting e-payments has become a priority.
finance ministry to simplify 176 administrative procedures Finance ministry to simplify 176 administrative procedures

14:10 | 26/11/2018 Finance - Banking

The Ministry of Finance recently issued Decision No.2141/QD-BTC on reducing and simplifying 176 administrative procedures under its management.
vietnam learns from germanys experience in housing finance Vietnam learns from Germany’s experience in housing finance

16:27 | 25/11/2018 Finance - Banking

A workshop sharing Germany’s experience in the field of housing finance was held in Hanoi on November 21 by the the Vietnam Bank for Social Policies (VBSP) and the German building society, Bausparkasse Schwabisch Hall AG (BSH). 
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