Fintech sector is facing with difficulties of capital mobilisation shortage, inadequate legal framework and banks’ hesitance in co-operation, said Lê Minh Hưng, Governor of State Bank of Việt Nam (SBV).
State Bank of Việt Nam (SBV) has approved the acquisition and transfer of Post and Telecommunication Finance Company Ltd (PTF) between Vietnam Posts and Telecommunications Group (VNPT) and SeABank.
State Bank of Việt Nam (SBV) and South Korea’s Financial Services Commission (FSC) signed a memorandum of understanding on cooperation in the field of financial innovation in Ha Noi on Thursday.
The State Bank of Việt Nam (SBV) will organise the National Fintech Day in May.
The State Bank of Việt Nam (SBV) can take early intervention measures against weak credit institutions in the supervision process from July this year, according to a new SBV regulation.
The State Bank of Việt Nam (SBV) issued bills worth some VNĐ43 trillion (US$1.8 billion) in the past week to withdraw money from the banking system.
Prime Minister Nguyễn Xuân Phúc has asked Vietcombank to broaden its vision to become a large bank in the Asian region through its newly approved restructuring plan until 2020.
State Bank of Việt Nam (SBV) continues to build up its foreign exchange reserves to cushion external shocks, raising the fund to more than US$57 billion till February 6.
Domestic commercial banks on Thursday continued devaluing the US dollar against the Vietnamese đồng for the second consecutive session, despite a rise of the greenback in the global market.
The State Bank of Việt Nam (SBV) has issued a document asking credit institutions and branches of foreign banks to push the resolving of non-performing loans in 2018.