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Ignoring protests, banks insist on raising service fees

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, ATM, service fee, SBV

The number of e-banking service users had reached 81 percent by the end of 2017, according to IDG.

 

Vietnamese currency security faces big challenges from technology

Vietnamese currency security faces big challenges from technology,vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Modern technology remains a challenge for Vietnamese authorities in managing currency security as recently the northern province of Quang Ninh discovered illegal money transferring activitie [ … ]

   

Where to go with digital banking

Where to go with digital banking, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Recent McKinsey surveys provide banks with an indication of what their focus should be regarding digital banking.

   

Việt Nam’s foreign reserves hit US$64bn

Việt Nam’s foreign reserves has increased by 130 per cent to nearly US$64 billion in the past two-and-a-half years, Prime Minister Nguyễn Xuân Phúc said.

   

Treasury raises $2.5b worth of Gov’t-bonds

The State Treasury of Việt Nam has mobilised over VNĐ56 trillion (US$2.46 billion) through government bond (G-bond) auctions in Hà Nội Stock Exchange since the beginning of this year.

   

SBV to probe credit institutions’ operation

The State Bank of Việt Nam (SBV) asked credit institutions to review their implementation of the SBV’s regulations on consumer loan management in a document issued this week.

   

Low in number

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Vietnamese have reached the top at some foreign-owned banks but overall there remains a shortage of skilled staff in the banking and finance sector.

   

Medium-sized banks boosting capital to enhance financial strength

Medium-sized banks boosting capital to enhance financial strength, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Medium-sized banks are working on massive capital increase plans to boost their financial capacity, striving to reach Basel II standards.

   

Banks raise fees over 55 million trash ATM cards

Banks raise fees over 55 million trash ATM cards, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Many banks have decided to increase banking service fees in early May. Economists suppose that the widespread use of ATM cards is the main cause behind the increases.

   

Banks warn customers over online scamming

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) have issued official warnings [ … ]

   

Money withdrawal fees at ATMs to quadruple

The National Payment Corporation of Việt Nam (NAPAS) has proposed to increase the fee for money withdrawal from its ATM network by four times for each transaction from August 1.

   

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