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.
state audit asked to do more in preventing loss of public assets State Audit asked to do more in preventing loss of public assets

09:32 | 24/01/2018 Finance - Banking

Prime Minister Nguyen Xuan Phuc has urged the State Audit Office of Vietnam (SAV) to work harder to figure out the root causes behinds wrongdoings in the use of State resources to trigger loss and misspending of public assets, thus devising prompt and efficient preventive solutions. 
stock market continues to grow Stock market continues to grow

09:02 | 22/01/2018 Finance - Banking

(VEN) - The Vietnamese stock market had recorded the fastest growth in the last 10 years, with the VN-Index reaching the 1,000 point threshold. Andy Ho, managing director and chief investment officer under VinaCapital talked about the Vietnamese stock market in an interview with Vietnam Economic News’ reporter Minh Long.
committee for state capital management to be founded in q1 Committee for state capital management to be founded in Q1

10:55 | 19/01/2018 Finance - Banking

The committee for state capital management at enterprises must be set up in the first quarter of 2018 so as to affirm its legal status, Deputy Prime Minister Vuong Dinh Hue has said.
vietinbank posts 405 million usd pre tax profit Vietinbank posts 405-million-USD pre-tax profit

14:35 | 18/01/2018 Finance - Banking

The Vietnam Bank for Industry and Trade (VietinBank) reported its pre-tax profit of over 9.2 trillion VND (405.7 million USD) in 2017, equivalent to 105 percent of its yearly plan, heard a conference in Hanoi on January 16.
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