Tag: "banks"
Private credit cash pivots from 'risky' West to emerging markets

Private credit cash pivots from 'risky' West to emerging markets

World 15:02 07/10/2025

LONDON/NEW YORK - An intricate series of pipes off Angola's Atlantic coast snakes toward a new fuel refinery that signals the country's push for energy independence — and its use of private creditors, instead of banks, to fund a big-ticket project.

Vietnamese banks cut nearly 3,000 jobs amid AI adoption

Vietnamese banks cut nearly 3,000 jobs amid AI adoption

Economy 08:02 15/08/2025

Financial reports from 28 Vietnamese banks for the first half of this year reveal that their total headcount dropped to nearly 280,000 employees, a decline of almost 3,000 compared to the beginning of the year, amid the growing adoption of artificial intelligence (AI).

Vietnamese banks concerned as mandate forces withholding of tax money from client accounts

Vietnamese banks concerned as mandate forces withholding of tax money from client accounts

Economy 15:54 09/03/2021

Vietnam is trying to collect due tax from foreign service providers