agribank urged to reform as state lender marks 30th anniversary Agribank urged to reform as state lender marks 30th anniversary

10:24 | 28/03/2018 Finance - Banking

Prime Minister Nguyen Xuan Phuc has asked the wholly state-owned lender Agribank to convert into a joint stock bank and become one of Asia’s 150 largest banks by 2020, while attending the 30th anniversary of its establishment.
government plans pilot application of new payment services Government plans pilot application of new payment services

15:35 | 26/03/2018 Finance - Banking

Deputy Prime Minister Vuong Dinh Hue has asked relevant bodies to report a pilot plan on applying new payment services to Prime Minister before April this year.
capital projected to grow more than 19 percent in 2018 Capital projected to grow more than 19 percent in 2018

15:35 | 23/03/2018 Finance - Banking

(VEN) - A gap has opened up between deposit interest rates offered by different categories of banks due to differences in their liquidity, cash demand and status.
vietnam rok promote financial cooperation Vietnam, RoK promote financial cooperation

16:24 | 22/03/2018 Finance - Banking

(VEN) - A Vietnam-Republic of Korea (RoK) financial cooperation forum took place this morning (March 22) in Hanoi. It is expected to open up opportunities for bilateral financial and banking cooperation.
interest rates expected to be lowered Interest rates expected to be lowered

14:29 | 22/03/2018 Finance - Banking

Lending interest rates have room to be reduced further due to the support of positive factors including the recent Government resolution that requires the State Bank of Vietnam (SBV) to strive for lowered interest rates.
central bank enhances supervision Central bank enhances supervision

16:04 | 21/03/2018 Finance - Banking

The State Bank of Viet Nam (SBV) can take early intervention measures against weak credit institutions in the supervision process from July this year, according to a new SBV regulation.
state treasury mobilises nearly us 15bn from g bonds State Treasury mobilises nearly US$1.5bn from G-bonds

16:30 | 20/03/2018 Finance - Banking

The State Treasury of Viet Nam has so far successfully mobilised VND34 trillion (US$1.49 billion) via Government bond (G-bond) auctions.
vietnams banking system records 10 quadrillion vnd in total asset Vietnam’s banking system records 10 quadrillion VND in total asset

15:57 | 19/03/2018 Finance - Banking

The total assets of the Vietnamese banking system surpassed 10 quadrillion VND ( US$440 billion) in late 2017, according to the State Bank of Vietnam. 
foreign banks assure continued presence in vietnam Foreign banks assure continued presence in Vietnam

16:01 | 16/03/2018 Finance - Banking

Some foreign banks have assured that they will retain their presence in Vietnam after withdrawing capital from some Vietnamese partners recently, noting that the country is still an attractive market.
central bank seeks to lower commercial rates Central bank seeks to lower commercial rates

16:05 | 15/03/2018 Finance - Banking

The State Bank of Vietnam will seek to lower commercial interest rates this year to support business activity, while keeping the exchange rate stable, the central bank said in a statement.
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