surge of ma deals expected in vietnams banking sector Surge of M&A deals expected in Vietnam’s banking sector

10:19 | 11/09/2019 Finance - Banking

(VEN) - The State Bank of Vietnam (SBV) continues to facilitate banks’ voluntary mergers and acquisitions (M&A), aiming to form larger financial institutions with better governance and stronger finance. This is part of a 2016-2020 credit institution restructuring associated with handling bad debts, approved by the government.
remittances to hcm city total 345 billion usd in eight months Remittances to HCM City total 3.45 billion USD in eight months

14:35 | 08/09/2019 Finance - Banking

Ho Chi Minh City received about 3.45 billion USD in remittances sent back home by overseas Vietnamese in the first eight months of 2019, a year-on-year increase of 8 percent, according to the State Bank of Vietnam (SBV)’s HCM City Branch.  
global finance recognizes citis digital leadership in vietnam Global Finance Recognizes Citi’s Digital Leadership in Vietnam

19:40 | 04/09/2019 Finance - Banking

Citi’s digital leadership in Vietnam was recently recognized by Global Finance in the publication’s annual World’s Best Digital Bank Awards.
central bank warns credit institutions over rate hikes Central bank warns credit institutions over rate hikes

15:35 | 02/09/2019 Finance - Banking

The State Bank of Vietnam (SBV) said it will closely monitor interest rates offered by credit institutions and take measures to strictly handle violations of the law, including cutting credit growth targets.
div expects breakthroughs from fsmims project DIV expects breakthroughs from FSMIMS project

09:20 | 27/08/2019 Finance - Banking

(VEN) - The Deposit Insurance of Vietnam (DIV) recently put into application the results of the Financial Sector Modernization and Information Management System (FSMIMS) project in order to develop a modern information technology (IT) system, contributing to better protection of depositor interests and maintaining the sustainability of the financial system.
da nang city to boost cashless transactions Da Nang city to boost cashless transactions

15:11 | 22/08/2019 Finance - Banking

The central city of Da Nang is making every effort to raise awareness on the benefits of cashless transactions as well as building financial and technical infrastructure for the future development of a cashless society.  
hcmc seeks special mechanisms to become intl financial hub HCMC seeks special mechanisms to become int’l financial hub

10:06 | 19/08/2019 Finance - Banking

(VEN) - Ho Chi Minh City’s financial market has increasingly confirmed its role as an effective capital-raising economic channel, but the city still needs special mechanisms to become an international financial center.
chubb life in vietnam wins top 10 vietnam insurance reputation award 2019 Chubb Life in Vietnam wins “Top 10 Vietnam Insurance Reputation Award 2019”

10:53 | 13/08/2019 Finance - Banking

Chubb Life in Vietnam today announced that it has been awarded “Top 10 Vietnam Insurance Reputation Award 2019”.  
foreign debts under governments control deputy pm Foreign debts under Government’s control: Deputy PM

10:37 | 13/08/2019 Finance - Banking

The Government’s foreign debts have been declining sharply and under the Government’s control, Deputy Prime Minister Vuong Dinh Hue said while chairing a meeting with leaders of some ministries, sectors and the National Financial Supervisory Commission in Hanoi on August 9.
vietnam looks to build digital state treasury by 2030 Vietnam looks to build digital State Treasury by 2030

08:35 | 11/08/2019 Finance - Banking

The State Treasury of Vietnam has set a target of becoming a complete electronic treasury capable ofproviding value-added services such as periodic analyses and reports on budget compliance by 2030, heard a conference held in Hanoi on August 8.
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