Việt Nam among world’s 10 biggest recipients of remittances
Vietnamnews | 30/01/2023 4:17:07 PM
Despite the COVID-19 pandemic’s major impacts on the global economy over the last two years and growing inflation in many countries, remittance flows into Việt Nam remained relatively stable compared to previous years, the report noted.
State-owned banks under capital increase pressure
Vietnamnews | 30/01/2023 4:15:45 PM
Việt Nam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio (CAR), according to industry insiders
Cashless payments continue to grow in popularity
https://vietnamnews.vn | 24/01/2023 1:42:05 PM
Cashless payment and transaction channels are increasingly popular, with commercial banks, e-wallets and fintech companies promoting the application of technology for online payments.
Insurance companies benefit from interest rate hike in 2023 [Sửa | Xóa]
Vietnamnews | 16/01/2023 10:31:30 AM
Insurance companies will have the chance to earn higher profits in 2023 thanks to a continual interest rate hike trend.
Ministry calls for easing government control on fuel prices
Vietnamnews | 11/01/2023 2:59:39 PM
MoIT also called for the fuel price cycle to be shortened from 10 days to 7 days, on Thursday every week (except for public holidays).
Banking industry difficulties forecast to continue in 2023: analysts
Vietnamnews | 11/01/2023 2:58:19 PM
Under a report released recently, Viet Dragon Securities Company (VDSC)’s analysts said the interest income growth of the banking industry in 2023 will slow due to the impact of low credit growth and a decreasing net interest margin (NIM).