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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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Welcome message from Chairman of ASEAN Bankers Association to the coming 52nd ASEAN Banking Council Meeting
On the occasion of the coming 52nd ASEAN Banking Council Meeting held in Kuala Lumpur, Malaysia from the 4 to 5 December 2024, Chairman of the ASEAN Bankers Association (ABA), Mr. Jose Teodoro k. Limcaoco has sent the Welcome message. VNBA News honorably introduces it.
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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 of Vietnam 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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Lowered lending rates to facilitate capital access
The fourth quarter is bringing soaring capital demand for production and housing, calling for timely preferential credit and rate cuts to empower businesses and citizens in driving consumption and robust growth
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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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VNBA seeks members' opinions on draft Circular replacing Circular 36
The Vietnam Banks Association (VNBA) has just sent an official dispatch to the General Directors of member organizations to comment on the draft Circular replacing the Circular No. 36/2015/TT-NHNN (Circular 36).
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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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Vietnam Banks Association talks with Digital Signature Club
On October 31, 2024, Vietnam Banks Association (VNBA) had a working session with the Vietnam Digital Signature and Electronic Transaction Club (Digital Signature Club) to discuss some contents in implementing digital signatures in practice and coordinate the construction of the V-Hub digital signature switching system.
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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".
