Vietnam

Vietnam fintech funding plummets 84% in 2023

For the second year in a row there were no late-stage funding rounds.

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.

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.

Bangkok Bank clinches license to offer custody services in Vietnam

Services include receipt-delivery, settlement, and clearing, amongst others.

Vietnam banks may face challenges in paying back real estate loans: S&P

7% of Vietnam banks’ loan portfolios come from property loans.

UOB Vietnam celebrates 30th year, aims 30,000 jobs creation

The bank has partnered with Saigon Children's Charity to celebrate it's 30th year of stepping foot in Vietnam.

Vietnam’s HDBank sets up Korea desk

It will provide Korean corporates with specialized banking products and services.

Hong Leong Bank, Chubb Life collaborate to offer life insurance in Vietnam

The bank’s range of life insurance solutions is in line with its goal of financial inclusion.

Vietnam is Australian FIs' top pick to build digital hubs

The location is amongst the best to pursue software development, data analytics, and digital testing.

Aggressive loan growth leaves HDBank more vulnerable to risks

Its asset quality may be further strained by its planned acquisition of a ‘weak’ bank

Vietnam’s BIDV, JCB International launch credit card

Customers can enjoy up to a 20% cashback on select transactions.