Tag: "banking"
Vietnam's banks push innovation while addressing financing constraints

Vietnam's banks push innovation while addressing financing constraints

Vietnam News 10:11 05/10/2026

The banking sector is stepping up digital transformation and modernising its financial infrastructure, access to funding remains a major obstacle for innovative businesses, particularly startups and technology firms with limited tangible assets and unstable cash flows.

Revolut's rise to become Europe's $115 billion big bank rival

Revolut's rise to become Europe's $115 billion big bank rival

World 15:40 04/10/2026

LONDON - Revolut has risen to become Europe's most valuable startup and a challenge to centuries-old banking giants, having grown rapidly since it was launched just over a decade ago as a fintech promising cheaper forex fees.

Savings rates continue to rise in Vietnam, with 6-month rates reaching 9.2%

Savings rates continue to rise in Vietnam, with 6-month rates reaching 9.2%

Economy 17:40 01/09/2026

Deposit interest rates at some commercial banks in Vietnam are continuing to edge higher, with rates reaching as much as 9.2 percent for a six-month term.

Nam A Bank, GCPF sign MoU: Joint exploration of climate-adaptation financing framework in 2026

Nam A Bank, GCPF sign MoU: Joint exploration of climate-adaptation financing framework in 2026

Economy 15:00 24/11/2025

Nam A Commercial Joint Stock Bank (Nam A Bank, HOSE: NAB) and the Global Climate Partnership Fund (GCPF) have signed a memorandum of understanding as a signal of the mutual interest from both sides to jointly explore a new climate-adaptation financing framework in Vietnam, potentially focusing on the agricultural sector.

Individual deposits at banks in Vietnam near $295bn by end-July

Individual deposits at banks in Vietnam near $295bn by end-July

Economy 14:06 21/10/2025

As of the end of July, individual savings deposited in Vietnam’s banking system reached nearly VND7.75 quadrillion (US$294.5 billion), doubling from VND3.86 quadrillion ($146.5 billion) in 2017, according to data from the State Bank of Vietnam.

Vietnam PM tells central bank to remove cap on credit growth from 2026

Vietnam PM tells central bank to remove cap on credit growth from 2026

Economy 14:14 07/08/2025

HANOI - Vietnamese Prime Minister Pham Minh Chinh has told the country's central bank to remove a cap on credit growth in the banking system from next year, the government said on Thursday.

Vietnam should enhance foreign investor participation to boost local bank brands: Harvard expert

Vietnam should enhance foreign investor participation to boost local bank brands: Harvard expert

Economy 11:21 07/05/2025

The State Bank of Vietnam should increase the participation of foreign investors in local banks to enhance the brand value of banks in Vietnam, a Harvard expert proposed at a forum in Hanoi on Monday.

Vietnam to begin testing P2P lending from July 1

Vietnam to begin testing P2P lending from July 1

Economy 13:08 04/05/2025

The Vietnamese government has approved a two-year trial of peer-to-peer (P2P) lending, starting from July 1.

Techcombank, Vietcombank win big at finance cybersecurity competition

Techcombank, Vietcombank win big at finance cybersecurity competition

Vietnam News 15:22 17/12/2020

The competition involved a simulation of a cyberattack against major financial institutions

Vietnam’s forex reserves hit all-time high of $80bn

Vietnam’s forex reserves hit all-time high of $80bn

Economy 17:57 02/01/2020

This is a record figure to date

S. Korean lenders can invest in Vietnam by buying weak banks: deputy PM

S. Korean lenders can invest in Vietnam by buying weak banks: deputy PM

Economy 17:18 21/06/2019

The Vietnamese government will not license the establishment of new foreign-invested banks until the end of 2020

Vietnam's BIDV plans to sell 15 pct stake to S. Korean bank

Vietnam's BIDV plans to sell 15 pct stake to S. Korean bank

Economy 16:30 01/11/2018

State ownership at BIDV will drop to less than 90 percent following the deal