Vietnam Techcombank breaks record with the closing of a USD 1 bn offshore syndicated loan facility

Sài gòn đầu tư | 22/06/2022 2:06:38 PM

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has successfully concluded a landmark USD 1 billion syndicated loan facility (the “Facility”), setting another milestone in its offshore fund-raising activity. This is to date the largest-ever medium and long-term syndicated loan for a Vietnamese financial institution. The Facility marks Techcombank’s third approach to the offshore loan syndication market, following its inaugural USD 500 million transaction in 2020 and a highly successful USD 800 million financing completed last year.

Central bank stands ready to pump more foreign currencies to market: official

Vietnamplus | 21/06/2022 3:39:56 PM

The State Bank of Vietnam (SBV) will increase its interference in the foreign currency market and stay ready to pump money to the market more frequently, thus creating favourable conditions for credit institutions to meet the demand for legal foreign currencies of organisations and individuals, according to Vice Director of the SBV’s Monetary Policy Department Pham Chi Quang.

Vietnam's credit growth expands by over 17 percent

Vietnamplus | 15/06/2022 4:23:06 PM

Vietnam’s credit growth as of June 9 expanded by 17.09 percent against the same period last year, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on June 15.

US Treasury Department recognises Việt Nam’s progress in addressing currency-related concerns

Vietnamnews | 15/06/2022 4:18:30 PM

The US Department of the Treasury has recognised the progress made by Việt Nam in its recently released report on macro-economic and foreign exchange policies of major trading partners of the US, the State Bank of Việt Nam (SBV) said on Monday.

MoC proposes controlling bond issuance of property firms

Vietnamnews | 15/06/2022 4:14:42 PM

The Ministry of Construction (MoC) has proposed controlling the bond issuance activities of real estate enterprises but not tightening investment in real estate bonds, Nguyễn Mạnh Khởi, deputy director of MoC's Housing and Market Management Department said at the monthly press conference held on June 13.

Big M&A deals forecast in banking industry in 2022

Vietnamnews | 13/06/2022 5:00:09 PM

Việt Nam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry.