MoF to submit solutions to strengthen bond market

Vietnamnews | 16/12/2022 3:58:36 PM

The ministry proposed to continue applying regulations on identifying professional securities investors in Resolution 65 from January 1, 2024.

Loosening monetary policy welcome amid credit crunch

Vietnamnews | 12/12/2022 4:37:23 PM

The SBV last week raised the 2022 credit growth target for the domestic banking system by 1.5-2 percentage points from its previous target of 14 per cent, allowing commercial banks to pump an additional VNĐ240 trillion into the economy.

Banks admitting weak ones proposed to get higher foreign ownership restrictions

Vietnam News | 07/12/2022 9:02:03 PM

The proposal was under SBV’s draft decree on amending and supplementing a number of articles of Decree No. 01/2014/NĐ-CP dated January 3, 2014 of the Government on foreign investors buying shares from Vietnamese credit institutions.

VPBank receives loans from large financial institutions, affirming its reputation

Vietnamnews | 29/11/2022 4:02:26 PM

In the context that the world economy and Việt Nam’s were facing with a number of difficulties and challenges, IFC’s disbursement of the $150 million loan to VPBank affirmed the bank’s capacity and reputation in the international arena.

Banks gain big profits from forex trading

Vietnamnews | 29/11/2022 3:59:56 PM

Most banks reported strong profit growth from the foreign exchange business in the first three quarters of this year thanks to the sharp appreciation of the US dollar, Q3 2022 financial statements showed.

Most banks expect better business performance in 2022

Vietnamnews | 29/10/2022 1:55:08 PM

A majority of banks expected their business results to continually improve in Q4 2022, helping them gain profit in the whole year.