Thailand’s second largest bank to open first branch in Vietnam

Thailand’s second largest bank to open first branch in Vietnam

Thailand’s second-largest lender by assets, Kasikornbank, plans to open a branch in Ho Chi Minh City in the third quarter this year.
Overseas allowed to directly transfer money to bank account in Vietnam

Overseas allowed to directly transfer money to bank account in Vietnam

To transfer money from abroad directly into a bank account registered in Vietnam, senders need to use an online tool named MoneyGram, while the receiver must have a VISA card released by Vietnam's banks
Vietnam to allow banks to use foreign e-wallets for international payments

Vietnam to allow banks to use foreign e-wallets for international payments

The State Bank of Vietnam is drafting a circular regarding cashless payments which might allow domestic commercial banks and domestic intermediary payment companies to co-operate with foreign intermediary payment companies to provide international payment services.
Unbelievable details in the suspect case of a female robbing 2 billion VND

Unbelievable details in the suspect case of a female robbing 2 billion VND

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.
Daring armed daytime bank heist in Hanoi

Daring armed daytime bank heist in Hanoi

According to the initial information, two armed robbers rode two scooters to the BIDV Bank branch at Huynh Thuc Khang Street, Dong Da District, Hanoi and threatened employees to rob 900 million VND ( US$ 39,000) . Gun fires and grenades are reported to be seen.
The downfall of credit demand in Vietnam

The downfall of credit demand in Vietnam

Credit absorption of the market is very weak. 6 months into 2020, the credit growth was merely 2.45%, compared to 7.33% aforementioned period last year. The market is not really keen on credit even though the interest has been cut down, due to the shortfall of business activities.  – (VNF)    
Vietnam banks optimistic about charter capital hike in 2020

Vietnam banks optimistic about charter capital hike in 2020

Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.
State Bank of Vietnam to simplify procedures for preferential loan access

State Bank of Vietnam to simplify procedures for preferential loan access

The state bank will consider simplifying lending procedures to help COVID-19-affected firms easily access preferential interest rate loans, Deputy Director of the State Bank of Viet Nam Dao Minh Tu said.
JP Morgan: Vietnam banks to recover by 2021

JP Morgan: Vietnam banks to recover by 2021

A report from JP Morgan released in early April predicted that the banking sector in Vietnam would recover soon, by 2021.
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Vietnam News Today (September 17): Hanoi Offers Covid Vaccination for Foreigners at Two Select Venues National

Vietnam News Today (September 17): Hanoi Offers Covid Vaccination for Foreigners at Two Select Venues

Vietnam News Today (September 17): Vietnam, RoK agree to boost defense ties; HCMC on first day of Covid restriction ease; Hanoi offers Covid vaccination for foreigners at two select venues; Vietnam declares reopening of Phu Quoc island at Global Tourism Forum.
23:24 | 16/09/2021
Vietnam Receives More Support Amidst Covid-19 Friendship

Vietnam Receives More Support Amidst Covid-19

Vietnam and its needy groups continue to receive support for Covid-19 prevention.
23:22 | 16/09/2021
Vietnam-Australia Cooperation Ensure Water Security Amid Covid-19 Friendship

Vietnam-Australia Cooperation Ensure Water Security Amid Covid-19

According to leading experts in the water industry in Vietnam and Australia, ensuring water security and water supply safety is of particular importance when climate change and the Covid-19 pandemic have been threatening the economic and social development of many countries.
23:22 | 16/09/2021
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