Unbelievable details in the suspect case of a female robbing 2 billion VND
16:57 | 12/10/2020
The female in suspect confessed that she only intended to rob a few to repay the debt. However, she ended up robbing an amount of up to 2.1 billion VND.
Foreign banks funnel capital into Vietnam
07:17 | 12/08/2020
The IFC, a member of the World Bank Group, is providing a financing package of USD 70 million to Indo Trans Logistics Corporation of Vietnam.
Two Chinese bank runs took place within a week, police had to step in to take control
15:02 | 17/07/2020
Local governments and police in both Hebei and Shanxi provinces were forced to intervene after rumours concerning Baoding Bank and Yangquan Commercial Bank
Vietnamese banks accelerated to go digital
14:38 | 23/05/2020
The COVID-19 pandemic has caused a serious effect to the economy, but it has helped accelerate the race for banks to orient to digital transformation.
Vietnam commercial banks support over 300,000 Covid-19 affected borrowers
11:53 | 15/05/2020
Commercial banks cut interest rates on VND980 trillion (US$42.6 billion) of loans to aid 318,000 COVID-19 affected individual and corporate borrowers by the end of April, according to the State Bank of Viet Nam (SBV).
New policy in Vietnam: fee for bank and credit organization's establishment reduced by 50%
11:39 | 09/05/2020
On May 5, 2020, the Ministry of Finance issued Circular No. 33/2020/TT-BTC stipulating the rates of collection and payment of fees for the establishment and operation licenses to banks and non-bank credit institutions. The circular takes effect from May 5, 2020 to the end of December 31, 2020.
Banks accounted for half of the most profitable firms in Vietnam
14:20 | 07/05/2020
Vietnam’s top 10 most profitable listed companies, half of them banks, posted VND37 trillion ($1.6 billion) in pretax profits in the first quarter.
Vietnamese banks raise online saving interest rates to attract customers
08:47 | 06/04/2020
To stimulate the demand for online money deposit amid the COVID-19 pandemic, many banks in Vietnam have offered customers higher interest rates for online savings up to 1.4 percent higher than over-the-counter deposit.
Vietnamese banks provide support aids to businesses
08:07 | 02/04/2020
According to the State Bank of Vietnam (SBV)’s deputy governor Dao Minh Tu, the banking industry should support businesses amid the complex development of COVID-19. .
EUFTA facilitates European investors' capital to enter Vietnamese banks
09:02 | 24/03/2020
On February 12, 2020, the EU Parliament approved the FTA between the EU and Vietnam – EVFTA. The agreement is expected to create a new European investment wave into Vietnam’s banks.
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