Banks again urge telecoms operators to cut SMS fees
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New regulations on mergers, consolidation of credit institutions proposed
The State Bank of Việt Nam (SBV) has proposed new regulations on the mergers and consolidation of credit institutions, to ensure the safety and legitimate rights of customers and creditors.
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Vietnam's digital economy estimated to reach $36 billion in 2024
Vietnam's digital economy is continuing to show solid double-digit growth, and is forecast to reach $36 billion in gross merchandise value (GMV) in 2024, propelled by e-commerce and travel.
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Exchange and interest rates forecast to remain stable after US election
Experts believe that Vietnam's economic fundamentals are strong enough to withstand the volatility stemming from the US election results.
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State bank to strengthen anti-money laundering efforts with new department
A new Department of Anti-Money Laundering will operate under the State Bank of Việt Nam (SBV) from January 5 next year.
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For the first time, a Vietnamese bank has total assets exceeding US$100 billion
The Joint Stock Commercial Bank for Investment and Development of Việt Nam (BIDV) reported to have a total consolidated assets reaching nearly VNĐ2.576 quadrillion (US$101.6 billion) as of September 30, up 12 per cent over the beginning of this year, making it the biggest bank in the country.
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MB Economic Insights 10th: A decade of accompanying import-export businesses
The 10th annual 'MB Economic Insights' conference took place on October 25, in Ho Chi Minh City amid significant global economic and political upheavals.
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MB’s nine-month credit growth outpaces industry average by 80 per cent
Military Commercial Joint Stock Bank (MB) has released its Q3/2024 financial results, highlighting a range of positive business indicators.
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SBV and CBUAE sign MoU on Cooperation
On October 28, 2024, within the framework of the official visit to United Arab Emirates (UAE), Prime Minister Pham Minh Chinh and Vice President/Prime Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum witnessed a ceremony announcing the signing of the cooperation documents between the two countries, including a Memorandum of Understanding (MoU) on Cooperation in the banking sector between the State Bank of Vietnam (SBV) and the Central Bank of the UAE (CBUAE).
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Accelerating digital transformation while ensuring security and fraud prevention
On October 30, 2024, the Vietnam Banks Association (VNBA) in collaboration with the Economic and Trade Office - Embassy of Israel in Vietnam organized an online workshop "Accelerating digital transformation while ensuring security and fraud prevention".
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Governor Nguyen Thi Hong clarifies a number of issues related to real estate credit
On October 28, 2024, continuing the 8th Session of the 15th National Assembly, the National Assembly held a plenary session to discuss the Report of the National Assembly's Supervisory Delegation on "implementation of policies and laws on real estate market management and social housing development from 2015 to the end of 2023". The Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong explained and clarified a number of issues to National Assembly deputies.