First international Agile banking conference opens in Hanoi

First international Agile banking conference opens in Hanoi

Vietnamese businesses are facing pressure to innovate their operating models and accelerate adaptation so as not to fall behind.
Citi appoints Prashant Thakker as head of Asia South Corporate Bank

Citi appoints Prashant Thakker as head of Asia South Corporate Bank

Citi on May 26 announced the appointment of Prashant Thakker as head of Asia South Corporate Bank, effective immediately.
Banks undergo major executive shake-up amid restructuring drive

Banks undergo major executive shake-up amid restructuring drive

Vietnamese banks are accelerating their restructuring efforts to strengthen competitiveness in a challenging economic climate.
Credit expects to surge as rates bottom out

Credit expects to surge as rates bottom out

Widespread deposit rate cuts have pushed Vietnamese banks’ interest rates to their lowest in two years, even as the pace of decline begins to slow.
NPL ratio rise puts pressure on banking

NPL ratio rise puts pressure on banking

With targets set for credit growth and GDP, the banking system requires a comprehensive legal overhaul for resolving non-performing loans.
National gold exchange key to Vietnam’s market control

National gold exchange key to Vietnam’s market control

The establishment of a gold exchange in Vietnam will play a strategic role in the process of gold trading management and control.
Effective AI in banking and finance factor a prerequisite

Effective AI in banking and finance factor a prerequisite

Despite the numerous advantages of using AI in auditing and consulting, such systems remain prone to errors and must be used properly, according to experts at a Ho Chi Minh City seminar on May 23.
Green credit faces headwinds amidst funding challenges

Green credit faces headwinds amidst funding challenges

Vietnam is pushing green credit to achieve its climate goals despite funding obstacles.
MB recognised as “Best FX Bank in Vietnam” for second consecutive year

MB recognised as “Best FX Bank in Vietnam” for second consecutive year

Military Commercial Joint Stock Bank (MB) has once again been honoured by The Asian Banker as the “Best FX Bank in Vietnam”.
Palo Alto Networks support Vietnam's financial security demand

Palo Alto Networks support Vietnam's financial security demand

Minister of Finance Nguyen Van Thang received Simon Green, president of Asia-Pacific and Japan at Palo Alto Networks on May 21.
ACCA expert weighs in on Vietnam's proposed Budget Law reforms

ACCA expert weighs in on Vietnam's proposed Budget Law reforms

ACCA director gives his view on the draft amendment to the State Budget Law, which aims to simplify budget processes.
Generous dividend plans warm investor sentiment

Generous dividend plans warm investor sentiment

Stock market investors are set to receive sizeable cash dividend payouts from banks amid a low-interest-rate environment.
Banks bet on wholly owned life insurance

Banks bet on wholly owned life insurance

Several Vietnamese banks are shifting from bancassurance partnerships to establishing their own insurance companies, paving the way towards building full-fledged financial conglomerates.
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