The State Bank of Việt Nam’s branch in Khánh Hòa has asked credit institutions in the province to report on outstanding loans, payments and guarantees for real estate developer Hoàng Quân relating to its stagnant social housing project HQC.

Domestic banks have been enlarging their network of branches and transaction offices rapidly in recent years in an effort to increase market share.

Vietjet has co-operated with Việt Nam Payment Solution Joint Stock Company (VNPAY) – the biggest QR code payment firm in Việt Nam – to apply QR code technology for online ticket bookings.

 Shinhan Bank, the largest commercial bank in South Korea, and Vietnamese technology group FPT signed a Memorandum of Understanding (MoU) on digital banking in Seoul on Thursday, aiming to leverage each other’s assets and capabilities to contribute to digitally transforming the banking and finance industry.

The Vietnam Helicopter Corporation (VNH) will auction 20.3 million of its shares in property developer MBLand Holdings with the beginning price of 12,366 each on October 26.

 Profits of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) by the end of September are estimated to exceed the VNĐ11 trillion (US$470 million) that the bank gained in the entire 2017.

Prime Minister Nguyễn Xuân Phúc has asked ministries to speed up the reviewing and elimination of unnecessary business prerequisites in an effort to create favourable conditions for enterprises.

New data from the Business Climate Index (BCI) of the European Chamber of Commerce in Việt Nam (EuroCham) shows European companies are more optimistic about doing business in Việt Nam.

Small- and medium-sized enterprises in Việt Nam have made technology their top investment priority to ensure growth, according to the ASEAN SME Transformation Study.