Banks hope to lure foreign investors

Despite the current increasing foreign investment inflows, merged and acquired banks will consider selling stakes to foreign investors after completing the restructuring to up the attractiveness of sales, bank officials said.

Central Bank cuts rates by 0.25-0.5 percentage points

The State Bank of Việt Nam (SBV) has cut several interest rates for the first time since 2014 in order to support business and boost economic growth.

SMEs, banks clash over tech capital

Small and medium-sized enterprises (SMEs) are unhappy that banks do not provide them with credit to upgrade technologies, but the banks say they are willing to lend if the companies meet certain conditions.

Speed up SOE equitisation: PM

The process of equitising State-owned enterprises, which has been slower than expected, is likely to get a boost after Prime Minister Nguyễn Xuân  Phúc recently instructed Minister of Finance Đinh Tiến Dũng to take charge of the task and achieve a breakthrough.

Large banks want foreign owner cap to be increased

Large banks have asked the government to increase the cap for foreign stakeholders in the banks from the current stipulated 30 per cent to more than 40 per cent.

VN’s small and medium sized enterprises struggle for credit

Rising demand for credit across Vietnam’s private sector is expected to drive bank loan books above the highs recorded last year.

Banks report strong liquidity ahead of Tet Commercial banks said that 2015's Tet (Lunar New Year) festival has been the most easy so far, in terms of liquidity, and even though it is around the corner, according to Dau Tu Chung Khoan.

Banks ramp up capital in competitive push Many banks are trying to boost their charter capital to consolidate their competitiveness, reported Dau tu (Viet Nam Investment Review).

New grads lack banking skills Most banks in Viet Nam have failed to provide basic training courses to new graduates.

Banks iron out post-merger teething issues The new Saigon Commercial Bank (SCB), formed by its 2012 merger with two other joint stock banks, Viet Nam Tin Nghia and De Nhat, is turning things around after a difficult start.