portal launched to connect borrowers with credit institutions Portal launched to connect borrowers with credit institutions

14:09 | 13/06/2019 Finance - Banking

The National Credit Information Center of Vietnam (CIC) and the State Bank of Vietnam (SBV) has officially launched a portal connecting borrowers and credit institutions.
banks may assess pollution risks before granting loans Banks may assess pollution risks before granting loans

14:56 | 12/06/2019 Finance - Banking

Banks will assess environmental pollution risks when granting loans to projects in some industries, according to a State Bank of Vietnam (SBV) draft regulation.
commercial banks meet basel ii standards ahead of schedule Commercial banks meet Basel II standards ahead of schedule

10:38 | 11/06/2019 Finance - Banking

(VEN) - The State Bank of Vietnam (SBV) has selected 10 commercial banks to pilot Basel II standards by 2020.
cmsc to supervise finance of 19 state owned groups CMSC to supervise finance of 19 State-owned groups

10:05 | 10/06/2019 Finance - Banking

The Committee for Management of State Capital at Enterprises (CMSC) will oversee the finance of 19 State-owned groups and corporations this year.
vietnam begins to adopt chip bank cards Vietnam begins to adopt chip bank cards

16:00 | 07/06/2019 Finance - Banking

Since the start of the year, the Vietnamese government has underlined the role of cashless payment, which recently received a boost when the State Bank of Vietnam (SBV) has also asked card issuers to switch at least 30% of their cards from magnetic stripe to chip cards, especially contactless cards.
cmsc to receive 109 million usd dividend from petrolimex CMSC to receive 109 million USD dividend from Petrolimex

15:16 | 06/06/2019 Finance - Banking

The Committee for Management of State Capital at Enterprises (CMSC) will receive a cash dividend of more than 2.55 trillion VND (109 million USD) from the Vietnam National Petroleum Group (Petrolimex) for its performance in 2018.
finance firms dominate forbes vietnam top 50 list Finance firms dominate Forbes' Vietnam top 50 list

15:49 | 05/06/2019 Finance - Banking

Forbes Vietnam’s list of 50 best listed companies has 10 firms in banking, finance, securities and insurance.
banks rush to issue bonds for long term capital hike Banks rush to issue bonds for long-term capital hike

14:59 | 04/06/2019 Finance - Banking

Local banks have continued issuing a large amount of bonds to raise capital to meet the State Bank of Vietnam (SBV)’s stricter regulations on credit safety limits and capital adequacy.
stock bond market development for stable capital supply Stock, bond market development for stable capital supply

10:05 | 03/06/2019 Finance - Banking

(VEN) - The banking system remains the main source of capital for the economy. Therefore, further development of the capital market, especially stocks and bonds, is needed in order to reduce the economy’s dependence on bank credit.
financial market fosters economic growth Financial market fosters economic growth

10:47 | 31/05/2019 Finance - Banking

(VEN) - The Vietnamese economy has grown at a stable rate for many years, while macroeconomic stability has been ensured and inflation effectively controlled. Vietnam has proven its advantages in attracting foreign investment and grasped opportunities presented by international integration. Economists believe that apart from these factors, a healthy and growing financial and monetary market is also an important driving force of economic growth.
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