Cashless payments flourish in first nine months of 2021
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Banks show positive results during third quarter
Techcombank announced that pre-tax profit in the first nine months of this year reached VNĐ22.8 trillion, up 33.5 per cent over the same period last year.
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Banks' profit picture in Q3 creates mixed sentiment
Banks are releasing their third-quarter business results, and sentiments have been mixed about their profit picture.
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Liquidity pressure “substantial” on Vietnam’s banks
Intense liquidity pressures and surging interest rates are anticipated in the domestic banking sector as the year-end approaches.
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VIB becomes first bank to launch online credit card issuance via VNeID
VIB has become the first bank to utilise information from an electronic identification and authentication system (VNeID) to issue credit cards online starting from October 17, 2024.
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Pay services can be smart city backbone
Hanoi’s smart city progress, led by advanced payment integration, shows promise but still faces key regulatory and security challenges that need resolution for full success.
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Mandatory transfers announced for CB, OceanBank
In a move to restructure the credit institution system and tackle bad debts, the State Bank of Viẹt Nam (SBV) has announced the mandatory transfer of two major banks.
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SBV conducts synchronous measures to enable businesses and people to access bank credit resources
On October 17, 2024, in Hanoi, the State Bank of Vietnam (SBV) organized a Press Conference under the chair of First Deputy Governor Dao Minh Tu to disseminate the results of the monetary policy management and the banking operations in the third quarter of 2024.
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Eximbank denies system risk rumours, confirms stable operations
The bank stated that it has requested the relevant authorities to investigate and clarify the motives behind the dissemination of this document to safeguard the legitimate rights and interests of the bank, its customers, shareholders and partners.
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State bank to inspect banks, gold trading enterprises
The inspection is part of the efforts to narrow the gap between international and domestic gold prices.
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Mastercard and NAPAS jointly announce the first co-badged card in Việt Nam
Mastercard, a global technology company in the payments industry, along with the National Payment Corporation of Việt Nam (NAPAS) and nine banks, has announced a Memorandum of Understanding (MoU) to introduce the first NAPAS – Mastercard co-badged card in Việt Nam.