Live Breaking News & Updates on Vietnams banking industry

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Banks thrive while most businesses run losses

At a time when most businesses are facing serious losses, with some even in dire situations and having to sell off much of their assets, banks continue to announce profits of thousands of billion dongs. ....

Thai-nguyen , Thánguyêvm , Vietnam , Republic-of , Minh-phu , Tuyêquang , Vietnamese , Nguyen-duy-thuan , Dao-minh-tu , Nguyen-hoai-nam , Vinh-hoan , Dabaco-vietnam-group-joint-stock-company

Banks offer high-value debts for sale

Big banks are selling both high-value and low-value debts. ....

Hanoi , Han-i , Vietnam , Republic-of , Thailand , Vinh-phuc , Hoa-binh , Hòì , Thai , Khang-gia , Binh-xuyen , Vietinbank-bien-hoa

The paradox of low inflation-high interest rates should be resolved

Vietnam s lending interest rates are higher than many countries in the world, while last year, Vietnam was one of the countries with the lowest inflation level. This paradox needs to be explained to find solutions to ease the burden on businesses. ....

China , Vietnam , Republic-of , Malaysia , Ho-chi-minh-city , H-chíinh , Vietnamese , Truong-van-phuoc , Tran-dinh-thien , Le-xuan-nghia , Nguyen-minh-duc , Governor-of-the-state-bank

Banks requested to cut rates to support economic recovery

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has directed banks to continually reduce input costs with an aim to cut loan interest rates. ....

Vietnam , Republic-of , Technology-journalists-club , Vietnam-science , State-bank-of-vietnam , Interest-rates-in-vietnam , Vietnamese-banks , Vietnams-banking-industry , Ietnam-economy , Ietnam-business-news , Ietnamnet-global

Banks strengthen provision buffer for defaulted loans amid rising bad debts

Amid rising non-performing loans (NPLs), many banks have strongly increased their loan-loss reserve (LLR) funds to readily face uncertainties in the future. ....

Hanoi , Han-i , Vietnam , Republic-of , Vndirect-hien , Khanh-hien , Nguyen-tri-hieu , Vietnam-asset-management-company , Vndirect-securities-company , Viet-dragon-securities-company , Baca-bank , Agribank-securities-company-agriseco