This solution is designed to help public agencies and administrative centers modernise their payment processes, enhance transparency, and provide citizens with a more convenient and secure payment experience.
The trend of moving to HoSE is expected to help banks improve transparency, expand fundraising opportunities, and affirm their position in the capital market.
Nearly VNĐ350 trillion (US$13.38 billion) was disbursed through the HCM City’s annual bank–business linkage programme in the first half of this year, a 6.35 per cent increase, according to the State Bank of Vietnam.
The new circular aims to streamline administrative procedures, remove barriers and enhance the ease with which foreign capital can flow into Việt Nam’s stock market.
Although outstanding loans to US-exporting customers are low, joint-stock banks remain cautious about possible indirect effects from US tariffs on Vietnamese goods, SSI Research says.
The rankings are based on the YouGov BrandIndex Positive Satisfaction Score, a comprehensive brand health tracking tool that gathers daily data from over 350 brands in Việt Nam.
Increasing public investment and domestic business activities will be key to reaching the growth target this year as export demand is forecast to slow, says a World Bank economist.
Bank stocks will deliver a strong performance again this year, partly because sector-wide bank earnings growth is expected to accelerate from 14 per cent in 2024 to 17 per cent in 2025 driven by a shift in GDP growth drivers...
In its Asia Development Outlook report, the Asian Development Bank (ADB) raised the growth rate forecast of Việt Nam to 6.4 per cent in 2024 and 6.6 per cent in 2025.
In August alone, the amount of new deposits was nearly VNĐ86.48 trillion, meaning that nearly VNĐ2.9 trillion was deposited at banks every day on average.