Banking - Thu, September 29, 2022 | 9:45 pm GTM+7
The exchange rate at Vietnamese commercial banks crossed VND24,000 per dollar Thursday, reaching a new peak that it had not scaled before.
The dollar climbed to an all-time high against the dong after Vietnam increased its central rate to VND23,301 Tuesday amidst concerns over expected interest hikes by the U.S. Federal Reserve.
Banking & Finance - Tue, September 20, 2022 | 7:54 pm GTM+7
The representative of major shareholder Sumitomo Mitsui Banking Corporation (SMBC) in Eximbank, Vo Quang Hien, is no longer a member of its board of directors, starting Wednesday.
Banking - Fri, September 16, 2022 | 2:58 pm GTM+7
Shinhan Bank Vietnam has worked with the General Department of Taxation to launch a personal electronic tax and fee payment service via the eTax Mobile app that can work on both IOS and Android operating systems.
Banking - Wed, September 14, 2022 | 11:27 am GTM+7
Overseas banking groups have accelerated their pace of expansion in Vietnam, where the marketplace and growing young population are driving its economy.
Banking - Tue, September 6, 2022 | 3:33 pm GTM+7
Information technology infrastructure developer Viettel IDC has secured a loan facility of VND400 billion ($17 million) from HSBC Vietnam to build a data center in Hanoi.
Banking - Wed, August 31, 2022 | 2:49 pm GTM+7
Nguyen Duc Vinh who was selected as general director of VPBank in 2012 has been reappointed for the third five-year term until 2027.
Banking - Wed, August 24, 2022 | 3:32 pm GTM+7
The State Bank of Vietnam has kept selling U.S. dollars to keep the domestic forex market stable while issuing bills in Vietnamese dong to ease pressures on the banking system.
Banking - Wed, August 24, 2022 | 9:02 am GTM+7
Shinhan Bank Vietnam has officially launched Account Receivable Loan - a new product for small and medium-sized enterprises (SMEs) with a loan repayment period of up to 180 days.
Banking - Tue, August 23, 2022 | 8:04 pm GTM+7
Shinhan Bank Vietnam has officially launched its first fully digitalized consumer loan on the Mobile Banking SOL application, with a loan of up to VND24 million ($1,026) and an attractive fixed interest rate of 26% per year based on the lowering principal balance.
Banking - Mon, August 15, 2022 | 8:52 am GTM+7
Vietnam's leading multi-business corporation REE has secured a green loan of VND900 billion ($38.5 million) from HSBC Bank Vietnam to complete its E-Town 6 building in Ho Chi Minh City.
Banking - Wed, August 10, 2022 | 5:22 pm GTM+7
Thailand’s Kasikornbank opened Friday a branch in Ho Chi Minh City, aiming to have 1.2 million clients and disburse over $500 million in Vietnam before 2023.
Banking - Sat, August 6, 2022 | 11:02 pm GTM+7
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Vietnam shows no compromise in tackling official wrongdoing
50-70 year apartment ownership certificates 'good for the market'
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