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Vietnamese banks prove attractive to foreign investors
A number of Vietnamese banks are grabbing interest of foreign investors who are major banks or financial groups.
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Mcredit’s representatives presented at World Financial innovation 2023
On April 2023, two representatives of Mcredit: Mr. Nguyen Manh Khang (Deputy CEO, CIO) and Ms. Nguyen Thanh Hang (Head of CX) attended World Financial Innovation (WFI) event in Hanoi.
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Vietnam - Russia joint venture bank announcement on organization of asset auction
Vietnam - Russia Joint Venture Bank (VRB) is pleased to announce the selection of an asset auction organization as follows:
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Digital payment systems have massive growth potential: Fintech Club Viet Nam leader
Nguyễn Đăng Hùng, head of the Fintech Club Việt Nam under the Viet Nam Banks Association, speaks to the Vietnam News Agency about this development.
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Banks lower deposit interest rates
Banks have lowered deposit rates by 0.4-1.1 percentage points, but the rates have remained relatively high across the board.
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Home Credit becomes member of Vietnam Bank Card Association
Home Credit Vietnam has joined the VBCA under the VNBA, marking a milestone in the development of the digital consumer financier in Vietnam’s financial market.
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Insiders call for revision to draft on e-transactions
Lawmakers are gathering comments on a draft amending the Law on E-Transactions, and insiders comment that the draft needs revisions to be more practical.
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Shinhan Bank Vietnam Appoints New Chief Executive Officer
Shinhan Bank Vietnam Limited (“Shinhan Bank”) has officially announced the appointment of Mr. Kang Gew Won to take the role of the bank’s Chief Executive Officer.
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Effective delivery of preferential loans needed for firms
A clear mechanism is essential to ensuring a preferential credit package will benefit pandemic-hit firms and contribute to economic recovery.
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Banks still perform well amid pandemic-caused difficulties
Banks’ pre-tax profits this year will remain relatively positive but are yet to be sustainable as banks haven’t set up contingency reserves for restructured debts.
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Detailed policies needed to help firms get loans
Many businesses suggested more detailed policies should be issued to help them access bank loans as there remain difficulties in lending.
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Pandemic spurs digital banking transformation, helps create new services
he pandemic has forced the banking sector to speed up digitalisation and contactless banking, said Nguyễn Quốc Hùng, general secretary of the Vietnam Banks Association during an online conference on the digitalisation of banking and finance in Việt Nam on Thursday.
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Banks again urge telecoms operators to cut SMS fees
Telecoms operators still have not cut charges for SMS services in banking, even though the banks have proposed reductions several times
