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SBV confident that credit growth can achieve 15% target
This was the assessment of First Deputy Governor Dao Minh Tu of the State Bank of Vietnam (SBV) when answering the correspondents’ questions at the regular monthly Government’s press conference for November 2024.
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Explore valuable career opportunities with Shinhan financial ecosystem in Vietnam at the “One Shinhan Career Fair 2024”
Shinhan Bank Vietnam Limited (“Shinhan Bank”), in collaboration with member companies of Shinhan Financial Group in Vietnam, including Shinhan Vietnam Finance, Shinhan Life Insurance Vietnam, and Shinhan Securities Vietnam, is hosting the “One Shinhan Career Fair 2024” on 06th December 2024. The event aims to provide valuable career opportunities for recent graduates and offers a platform for young professionals to meet recruiters and enhance their interview skills.
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Massive dividends on offer to bank shareholders
Vietnamese banks envisage distributing dividends to their bank shareholders this year.
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VNBA seeks comments on draft Circular regulating capital adequacy ratio for credit institutions
The Vietnam Banks Association (VNBA) has just sent an official dispatch to the General Directors of member organizations to comment on the draft Circular regulating capital adequacy ratios for commercial banks and foreign bank branches (CIs).
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VNBA attended the event "Vietnam Day - First Vietnam Dialogue"
From November 16-23, 2024, the Vietnam Banks Association's delegation led by Vice President cum General Secretary Nguyen Quoc Hung had a working trip to Germany. The delegation had attended the event "Vietnam Day - First Vietnam Dialogue". In addition, the event was also attended by representatives of the State Bank of Vietnam and member organizations of the Vietnam Banks Association (VNBA).
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Conducting solutions to support enterprises to overcome difficulties and promote production and business activities
Implementing the directions of the Prime Minister and Official Note No.103/CD-TTg dated October 7, 2024, SBV has issued Document No. 9364/NHNN-TD dated November 14, 2024 requesting the credit institutions and the foreign bank branches (herein after referred to collectively as the CIs) to focus on implementing the solutions to support enterprises to overcome difficulties and promote their production and business activities in 2024 and the following years
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Agribank outlines obligation towards ESG-friendly policies
Environmental, social, and governance practices are an opportunity to build new competitive advantages for Vietnamese lenders such as Agribank, if mechanisms are created to help smooth implementation.
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Monetary policy forecast unlikely to loosen further
It will be difficult for the State Bank of Việt Nam (SBV) to further loosen monetary policy due to a rising USD/VNĐ exchange rate pressure, experts said.
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ESG implementation in banking: from awareness to action
Deputy Governor of the State Bank of Vietnam Dao Minh Tu emphasised that increasing ESG implementations requires financial institutions to consistently comply with evolving regulations, demonstrating environmental and social responsibility while enhancing their credibility and transparency.
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NAPAS, Mastercard and Payoo launch exciting year-end promotion
The Vietnam National Payment Corporation (NAPAS) and Mastercard are continuing their collaboration by launching the 'Elegant Tap - Stylish Living' campaign during the year-end holiday season.
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Vietcombank issues VNĐ2 trillion in green bonds, advancing Việt Nam’s green economy
Vietcombank has successfully issued VNĐ2 trillion (US$78.7 million) in green bonds, marking a significant step forward in supporting environmental protection and projects with positive environmental impacts.
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US affirms Việt Nam not manipulating currency
In its latest report the US Department of the Treasury said that Việt Nam does not manipulate currency.
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Standard Chartered arranges a US$100 million syndicated loan for Stavian Chemical
Standard Chartered acted as the sole mandated lead arranger and bookrunner in a VNĐ2.5 trillion (US$100 million) maiden offshore syndicated loan transaction for Stavian Chemical Joint Stock Company (Stavian Chemical), opening up future opportunities for the company’s business growth.
