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Will cash continue to flow into banks?

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, CPI, inflation rate, SBV

Stable inflation rates have helped attract depositors. However, the recent incidents of depositors losing money at some banks, plus the rise of many attractive investment channels, will divert cash flow from banks.

 

Digitisation aids banking security

Digitisation aids banking security, 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

The rise of digitisation in the banking sector could help enhance customer experience and improve security and safety features in various functions. Ultimately, it could benefit the sector a [ … ]

   

Banks swimming in profit despite sluggish first quarter

Banks swimming in profit despite sluggish first quarter, 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

Over the first quarter of 2018, scores of Vietnam-based commercial banks reported million dollar profits despite an overall sluggish market.

   

Remittance to HCM City increases to over $1.1bn

Remittance to HCM City in the first quarter of 2018 increased by 4.5 per cent against the same period last year to reach US$1.12 billion, a central bank official said.

   

Remittances from US could fall this year

Remittances from US could fall this year, 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

Foreign remittances are estimated to amount to US$13.8 billion for 2017, the highest growth rate of the past five years and a year-on-year increase of 16%, according to the latest statistics [ … ]

   

Government agrees to set up credit guarantee funds

The Government has approved the establishment of credit guarantee funds for small- and medium-sized enterprises (SMEs) to facilitate higher chances for them to get credit for production and [ … ]

   

Credit institutions hope for good business in 2018

A majority of credit institutions in the country expects an upward trend in their business in the remaining months of the year, after making improvements in the first quarter.

   

Foreign bankers reconsidering local partnerships

Foreign bankers reconsidering local partnerships, 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

More than a decade after Vietnam tried to increase the efficiency of local banks without disrupting the human capital and knowledge embedded in existing structures, under a policy of “strate [ … ]

   

Total money supply hits four-year record high

The oney supply in the economy, as of March 20, increased 3.23 per cent against the end of 2017, the highest in four years, according to the General Statistics Offic [ … ]

   

Banks begin tightening screws on property credit

Huỳnh Quang Khánh invests in real estate by leveraging credit.

   

Banks prohibited from disbursing loans in cash

The State Bank of Việt Nam has tightened lending regulations, prohibiting credit institutions and foreign bank branches from disbursing loans in cash, effective from April 2, according to a [ … ]

   

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