World Bank Suggests Effective Framework for Vietnamese Banks

World Bank Suggests Effective Framework for Vietnamese Banks

At the seminar held by the Standing Economic Committee on Mar 21, interntional experts from the East Asia - Pacific Financial Region of the World Bank suggested that the current Law on Credit Institutions should pay attention to better regulate risk monitoring mechanism and risk supervision to financial corporations.
PM Chaired a Meeting to Discuss Economic Governance Following Global Interest Rate Hikes

PM Chaired a Meeting to Discuss Economic Governance Following Global Interest Rate Hikes

Prime Minister Pham Minh Chinh chaired a meeting attended by ministries and sectors on July 28 to discuss short- and long-term measures for keeping inflation under control, stabilising the macro-economy, and promoting socio-economic recovery and development.
E-commerce Reports 2021-2022: Vietnam Leads The Region in Digital Transformation

E-commerce Reports 2021-2022: Vietnam Leads The Region in Digital Transformation

According to several e-commerce reports on online shopping in Southeast Asia, Vietnam is leading the region in digital transformation, with impressive efforts in ensuring security against attacks on the financial sector.
Vietnam News Today (July 6): Hanoi’s Education Department Suggests Reopening Schools on July 10

Vietnam News Today (July 6): Hanoi’s Education Department Suggests Reopening Schools on July 10

Vietnam News Today (July 6): HCM city tightens Covid-19 travel restrictions amid rising cases; More than 90,000 doses of Pfizer vaccine set to arrive on July 7; Vietnamese banks remain attractive to foreign investors and Hanoi’s education department suggests reopening schools on July 10.
Vietnamese banks allowed to use e-wallets for international payments

Vietnamese banks allowed to use e-wallets for international payments

With the coming circular regarding cashless payments drafted by the State Bank of Vietnam, domestic commercial banks and domestic intermediary payment companies would be able to co-operate with foreign ones to provide international payment services.
IFC supports Vietnamese banks to boost clients' finance amid Covid-19

IFC supports Vietnamese banks to boost clients' finance amid Covid-19

The International Finance Corporation (IFC), a member of World Bank, will provide a larde amount of money to support two banks in Vietnam including  Orient Commercial Bank and VP Bank in enhacing finance for local businesses. 
Vietnamese banks accelerated to go digital

Vietnamese banks accelerated to go digital

The COVID-19 pandemic has caused a serious effect to the economy, but it has helped accelerate the race for banks to orient to digital transformation. 
Vietnamese banks own assets valued US$ 522 billion

Vietnamese banks own assets valued US$ 522 billion

Total assets of credit institutions and foreign banks in Vietnam by the end of the first quarter of this year inched reached VND12.48 quadrillion (US$521.76 billion) compared to the end of last year.
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