Vietnam
Vietnam’s PVComBank launches mobile banking services on AWS
The platform will reportedly benefit 1 million customers of PVComBank.
21 hours ago
Vietnam’s PVComBank launches mobile banking services on AWS
The platform will reportedly benefit 1 million customers of PVComBank.
21 hours ago
No contagion risk for Vietnam banks from billionaire corruption scandal
But it exposed structural weaknesses in Vietnam’s banking and financial industry.
Why tech is not the focal point of banks’ digital transformations
About 70% of digital transformations fail, an industry expert warned.
VPBank’s asset quality at risk amidst housing slowdown
About 1 in 5 of its loans are real estate loans.
Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
Vietnam’s HDBank eyes 30% dividend in 2024
Total assets are reportedly set to exceed $28b this year.
HDBank charts best-ever profits of $524m in 2023
The bank’s profits have grown at a rate of 49.1% over the past decade.
Vietnam’s HDBank ramps up lending to support rice production
The bank also offers a loan programme with 0% interest to agriculture and rural areas.
Siam Commercial Bank buys Home Credit Vietnam Finance for $849m.
The transaction is expected to be completed in the first half of 2025.
Vietnam fintech funding plummets 84% in 2023
For the second year in a row there were no late-stage funding rounds.
VietinBank takes home Project Infrastructure Finance Deal of the Year Award - Vietnam
The accolade is in recognition of VietinBank’s role in financing the $128m Nam Tien Phong industrial zone and port complex, a project anticipated to attract substantial foreign investment.
SeABank transfers 100% capital contribution at PTF to AEON arm
The transfer is valued at VND4.3t ($1.8m).
Vietnam records 103 million domestic cards, emphasises cashless scheme
The government has been promoting a cashless payment scheme in line with its national financial inclusion strategy.
Vietnam’s Techcombank opens two new HQs in Hanoi, Ho Chi Minh
The buildings are energy-efficient and wholly owned by the bank.
The Next Experience: How TNEX supports digital lifestyle banking
TNEX provides customers with a digital ecosystem that helps them better manage their everyday needs and future plans.
Vietnam’s central bank signs into regional cross-boundary payment system
The memorandum includes other central banks such as Indonesia, Malaysia, Philippines, Singapore, and Thailand.
Vietnam’s 2050 energy transition plan sparks green lending surge
The Power Development Plan 8 helps attract foreign lenders for green projects aligned with Vietnam’s 2050 clean energy goals.
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The Bank of Thailand is eyeing to expand connectivity with more countries.
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Generative AI’s role in the evolution of banking