FINANCIAL AND BANKING NEWS

Stock market set to benefit from SBV's monetary policies

Historical trends have frequently shown that lower interest rates stimulate retail investors into transfering some of their savings from bank deposits to equity markets, driven by the expectation for higher returns as stock markets gain momentum. ...

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Reference exchange rate up VNĐ18 at week’s beginning

The daily reference exchange rate for the US dollar is currently VNĐ24,831 per dollar. ...

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Techcombank, Vingroup launch insurer worth over VNĐ1 trillion

The lender will contribute VNĐ1.04 trillion, securing an 80 per cent stake and the position of controlling shareholder. ...

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Overseas intellectuals in UK suggest blueprint for Việt Nam’s int’l financial hub ambition

To attract top-tier investors, Việt Nam must align its financial centres with global criteria: sustainability, digitalisation and innovation. ...

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Việt Nam, UK bolster ties to develop int’l financial centres

Permanent Deputy Prime Minister Nguyễn Hòa Bình met with British Deputy Prime Minister Angela Rayner and Speaker of the House of Commons Lindsay Hoyle in London, UK. ...

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Vietnam's debt market in need of legal framework and incentives

A recent report by the State Bank of Vietnam showed total non-performing loans across the banking sector exceed VNĐ227 trillion (around US$8.9 billion)....

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European Investment Bank helps Vietnam unlock green finance

The partnership will help to strengthen Vietnam's financial sector for climate investments. ...

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Corporate credit demand expected to keep rising this year

Credit for the individual customer segment last year slowed, while GDP last year recorded a strong recovery and household income growth remained low. ...

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