Banks ready to cash in on rising year-end demand
16:26 | 26/11
Banks in HCMC have set aside a combined VND46 trillion to meet the increasing demand of corporate borrowers for cash to scale up business and production for a year-end shopping spree.
Mobile banking transactions surge
The number of banking transactions made via mobile phones has grown strongly in Vietnam and doubled that of Internet banking transactions, according to a recent survey conducted by Smartlink and the news site VnExpress.
16:26 | 26/11
Greenback remains firm versus Vietnam dong
Despite the central bank’s vow to keep the U.S. dollar-dong exchange rate unchanged, the greenback has remained firm on both official and unofficial markets in the past week.
16:17 | 26/11
C.bank governor’s words ease forex market
The exchange rate between Vietnam’s currency dong and the U.S. dollar on November 19 eased off the previous day’s volatility after the central bank governor pledged to keep the exchange rate steady.
16:05 | 21/11
Indovina Bank introduces IVB-VISA credit card
Marking the 24th anniversary of its establishment, Indovina Bank (IVB) is scheduled on November 21 to issue IVB-VISA credit card as part of a plan to expand its services to domestic individual and corporate clients.
15:58 | 21/11
Sacombank, BOC promote border trade
Representatives of Saigon Thuong Tin Commercial Bank (Sacombank) and Bank of China (BOC) clinch a deal to provide border trade payment service for exporters and importers from Vietnam and China.
15:58 | 21/11
Banking system health improves
Basic indicators released by the State Bank of Vietnam suggest the overall health of the banking system has marginally improved in the three-month period from late June till late September.
15:40 | 19/11
State Bank: no plans to adjust exchange rate
The State Bank of Vietnam announced on November 18 that it will keep the exchange rate unchanged in 2014.
14:49 | 19/11
New G-bond payment unit appointed
The transaction office of the central bank will act as an intermediary for government bond transaction payment on the secondary market, replacing Bank for Investment and Development of Vietnam (BIDV).
16:21 | 13/11
VIB opens new Hanoi office
Customers transact with a Vietnam International Bank (VIB) office.
15:49 | 12/11
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Techcom Securities Arranges VND19 Tln Corporate Bonds in First 3 Quarters of 2014
FDI disbursement rises 3.2% in January-September
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