Vietnam economy can grow 5.5% in 2024, exchange rate can reach VND24,050: Shinhan Bank
Vietnams’s economic growth can reach 5.5% in 2024, thanks to public spending and tourism recovery outweighing external challenges, Shinhan Bank S&T Center anticipated.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank Vietnam, HCM Communist Youth Union offer scholarships to disadvantaged students
Shinhan Bank Vietnam Limited has collaborated with Ho Chi Minh Communist Youth Union to grant 50 scholarships worth VND3.5 million ($144) each and 50 gift sets to students with poor parents living in difficult circumstances.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank Vietnam wins Outstanding Depository and Supervisory Bank 2023 award
Shinhan Bank Vietnam Limited has been conferred the “Outstanding Depository and Supervisor Bank of the year 2023” award by the Vietnam Securities Depository and Clearing Corporation (VSDC).
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank, Public Bank the only 2 foreign banks offering above 5% interest rates
South Korea-invested Shinhan Bank and Malaysia-invested Public Bank are the only two foreign commercial banks in Vietnam offering more than 5% interest for 12-month deposits, at 5.3% and 5.6% respectively.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank, Samsung Vina Insurance sign insurance busines partnership
Shinhan Bank Vietnam and Samsung Vina Insurance Company Limited on Wednesday announced the official signing of a cooperation agreement to distribute property insurance products of the latter to valuable corporate customers of the former.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam banks cut 12-month deposit rates to below 6%
The 12-month deposit interest rates at major banks in Vietnam, domestic and foreign, have fallen below 6% this month.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank celebrates 30 years in Vietnam
Shinhan Bank has officially marked 30 years in Vietnam and is proud to be a “trusted financial partner” for millions of Vietnamese customers, the bank said.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Agriculture firm BAF Vietnam plans to take $21 mln loan from foreign banks
BAF Vietnam Agriculture JSC plans to secure a syndicated loan of up to VND500 billion ($20.9 million) from foreign banks, according to a resolution approved on Monday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank Vietnam receives ISO 27001:2013 certification from British Standards Institution
Shinhan Bank Vietnam on Monday received ISO 27001:2013 certification from the British Standards Institution (BSI) for meeting international requirements for Information Security Management Systems (ISMS).
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank organized 'Bike Run' event to present bicycles, scholarships to underprivileged students
Shinhan Bank Vietnam on Thursday organized the “Bike Run” event to present bicycles and scholarships to underprivileged students at SOS Children's Village Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Samsung, Shinhan Bank team up to provide digital payment solutions in Vietnam
Samsung Vina Electronics signed a memorandum of understanding (MoU) with Shinhan Bank Vietnam on Wednesday to establish a strategic relationship between Samsung Wallet and financial products from Shinhan Bank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank awarded for digital transformation
Shinhan Bank Vietnam received a certificate of merit on Thursday for outstanding achievements in the banking industry's digital transformation at the State Bank of Vietnam's 2023 Digital Transformation Event in Hanoi.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank launches Tiki-Shinhan credit cards
Shinhan Bank Vietnam launched two lines of credit cards with Tiki JSC on Monday, the Classic and Platinum grades, with privilege packages valued up to VND4.8 million ($204,700).
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank launches 'Cashback Shopping' on SOL app
Shinhan Bank has launched a new utility called “Cashback Shopping” on its Shinhan SOL Vietnam App (SOL App), offering customers a convenient shopping experience with attractive unlimited cashback offers at nearly 100 reputable brands across a wide range of fields.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank, CIS Lao Cai to offer tuition aid for parents with zero interest rate
Shinhan Bank has signed a strategic collaboration agreement with Canadian International School Lao Cai (CIS Lao Cai) in the northern province of Lao Cai to establish an exclusive tuition assistance program for local students, thereby, encouraging their learning journey.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank provides personal tax payment services over counter
To provide customers a variety of options for safe, quick and simple tax finalization, Shinhan Bank Vietnam has introduced its over-the-counter personal tax payment service, available at branches and transaction offices nationwide.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Deposit interest rates at foreign banks lower than domestic peers
While interest rates in the Vietnamese banking system are forecast to decrease in 2023 when macroeconomic conditions improve, the figures among foreign banks and branches in Vietnam are already lower than those of domestic peers.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Deposit interest rates at foreign banks lower than Vietnamese peers
Deposit interest rates at many foreign banks and branches in Vietnam are below 9.5%, the level that Vietnamese banks have adopted only recently after the State Bank of Vietnam's warning over lending rate hikes.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank signs strategic partnership with international school in HCMC
Shinhan Bank on Thursday signed a strategic cooperation agreement with Victoria South Saigon Bilingual International School to serve students' parents, as well as employees and lecturers at the school, with preferential and effective financial solutions.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank launches new version of Shinhan SOL Vietnam app
Shinhan Bank Vietnam has introduced a new version of Shinhan SOL Vietnam Mobile Banking Application, in order to provide customers with faster and more convenient digital banking service experiences.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
$77-mln ‘clean’ industrial park breaks ground in Hung Yen province
Construction began Friday of a $77-million “clean” industrial park covering 143.08 hectares in the northern province of Hung Yen.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank, BAEMIN Vietnam collaborate to launch new credit card
Shinhan Bank Vietnam and BAEMIN Vietnam Application have teamed up to launch the BAEMIN-Shinhan Credit cards on Tuesday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank to implement Google pay service in Vietnam
Shinhan Bank Vietnam became the first foreign bank in Vietnam Tuesday to officially deploy the Google Wallet service, saying it would provide customers with a safe and convenient service.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank leads in commercial payment
Shinhan Bank Vietnam has been honored for its "Leadership in Commercial Payment Volume 2022" and "Outstanding Growth in Payment 2022" by VISA International Card Organization (VISA).
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank partners with Fincorp to facilitate investment, payment
Shinhan Bank Vietnam signed Friday an agreement with Fincorp JSC to bring investment solutions to the bank's customers and provide a convenient payment method for those investing in fund certificates on the latter's Fmarket Platform.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank makes tax payment easy via eTax Mobile app
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank Vietnam launches 'account receivable loan'
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank Vietnam launches digital consumer loan on mobile app
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, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank opens new branch, transaction offices in Vietnam
South Korea’s Shinhan Bank has launched one more branch in Hanoi and two more transaction offices in Ho Chi Minh City, increasing the total number of its units in Vietnam to 46.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank predicts stronger VND by year-end
The U.S. dollar is likely to rise against the Vietnamese dong early in the second half of the year and fall back towards the year-end, according to Shinhan Bank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Visa awards Shinhan Bank for efficiency, cashless payments
Shinhan Bank Vietnam has received three awards from International Visa Card Association in commercial product operation, commercial payment, and credit payment aspects.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank Vietnam launches 'Future Bank Group'
Shinhan Bank Vietnam Limited on Wednesday announced the establishment of "Future Bank Group", which will drive its digital growth strategy and retail business in the country, and a business partnership agreement between Shinhan Financial Group and e-commerce company Tiki.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank issues $121 mln bonds in Vietnam
Shinhan Bank Vietnam on Thursday issued two-year bonds worth VND2,800 billion ($121 million) for institutional investors in Vietnam, with a coupon rate of 4%.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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