banking system

More connections to promote cashless payment

15:53 | 30/12/2022 Finance

Non-cash payments have grown sharply in addition to continuous payment products and services of the banking system to facilitate people.

Finance ministry sets targets for banking system

16:11 | 23/08/2022 Finance

The Ministry of Finance (MoF) has issued targets for restructuring banks in a bid to bolster the strength of Vietnam’s financial sector.

Credit growth of banking system expands by over 17 per cent

22:11 | 18/06/2022 Finance

Credit of the Vietnamese banking system as of June 9 surged by 17.09 per cent against the same period last year.

Banking liquidity on the rise

20:52 | 26/03/2022 Finance

Total liquidity in the banking system reached about VNĐ13.749 trillion (US$601 billion) in January, increasing by 2.59 per cent against the end of 2021.

Vietnam strives to improve the country's credit status

07:50 | 04/02/2022 Finance

VCN - The great news began in March, when the credit rating committee Moody's decided to keep the national credit rating unchanged and increase the credit outlook of Vietnam by two levels to positive.

Banks’ profit forecast to drop significantly in H2

16:43 | 08/09/2020 Finance

The pre-tax profit of the banking system in the second half of this year is estimated to fall 22.1% compared to the same period last year due to an increase in provisions for risky loans in the wake of the COVID-19 pandemic.

Stable outlook for Vietnam’s banking system on robust economic growth: Moody’s

19:59 | 19/08/2019 Finance

Credit ratings agency Moody’s Investors Service on August 19 said its stable outlook for Vietnam’s banking system reflects the country’s robust economic performance, which will support asset quality and profitability.

Towards a cashless society

13:23 | 28/06/2019 Import-Export

VCN - Cashless payments have developed rapidly in recent years. The banking system, payment intermediaries and related units have prepared in all aspects to be ready for the explosion of cashless payment.

Moody’s lowers outlook on Vietnamese banking system

17:41 | 11/11/2018 Finance

Credit ratings agency Moody’s Investors Service has changed its 12-18 month outlook on the Vietnamese banking system (Ba3 stable) to stable, from its earlier positive rating, according to its recent report.

Bad debt ratio at 2.3% by end 2017

19:52 | 13/01/2018 Finance

Non-performing loans (NPLs) of credit institutions were controlled effectively in 2017, helping the NPL ratio of the entire banking system reduce to 2.3 per cent from 2.46 per cent in late 2016.

In 2018, the State Bank targets to reach a credit growth rate of 17%

09:39 | 11/01/2018 Finance

VCN – According to the State Bank of Vietnam (SBV), by the end of 2017, the credit of the whole banking system grew 18.17%.

Credit growth expected to rise 16.33% in 2017

20:34 | 06/07/2017 Finance

The total loans of the banking system are expected to grow by 16 33 per cent in 2017 against December last year lower than the Government limit of 18 per cent

Fixed exchange rate to limit the impact of external large shocks

20:56 | 21/01/2017 Finance

VCN -This is identified by experts from Vietnam Institute for Economic and Policy Research (VEPR) when reviewing one year of implementation of fixed exchange rate regime.

Moody's outlook remains stable for Vietnam banking system

17:19 | 03/12/2016 Finance

Credit ratings agency Moody’s has indicated that the outlook for the banking system in Vietnam is stable over the next 12-18 months, reflecting Moody's expectation that the country's macroeconomic stability and resilient economic growth will continue to s

A Solving mechanism is needed the most for bad debt handling: VietinBank’s Chairman

16:25 | 02/11/2016 Finance

National Assembly delegate Nguyen Van Thang shared the story of bad debts handling and the role of Vietnam Asset Management of the credit institutions Company