Giammattei declares victory in Guatemala presidential vote Conservative candidate Alejandro Giammattei declared victory in Sunday's run-off presidential election in Guatemala, holding a major lead with the results from more than 90 per cent of polling stations counted.

UnionBank is First PH Bank to Use Blockchain-based Tokenized Fiat for Account-to-account Cross-border Remittance UnionBank is First PH Bank to Use Blockchain-based Tokenized Fiat for Account-to-account Cross-border Remittance

Fitch sees positive outlook for Việt Nam

Việt Nam’s long-term issuer default rating (IDR) has been upgraded to positive from stable, thanks to its improving track record of economic management, evidenced by high growth with stable inflation.

Remittances to HCM City reach $1.2 billion in Q1

Remittances to HCM City were estimated to reach US$1.2 billion in the first quarter of this year, according to Nguyễn Hoàng Minh, Deputy Director of the State Bank of Việt Nam’s branch in the southern city.

Asia’s digital ID technology developments gain pace Asia’s digital ID technology developments gain pace

VN set to be among top ten remittance receivers

Việt Nam was expected to remain one of the top ten remittance receivers in 2018, according to the latest edition of the World Bank’s Migration and Development Brief released last weekend.

FinTech Platform TranSwap Revolutionises Cross-Border International FX Payments with Launch of Proprietary API FinTech Platform TranSwap Revolutionises Cross-Border International FX Payments with Launch of Proprietary API

Fintech the key to a modern digital banking strategy

Fintech is gaining popularity around the world as Southeast Asia, including Việt Nam, becomes a target for fintech’s global expansion.

Vietcombank’s application to establish a New York office approved

The US Federal Reserve Board announced on its website early this week that it had approved the application by Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) to establish an office in New York City.

Banks cut fees to improve business climate

Banks have cut service fees in response to the Government’s push to improve the business environment, deputy governor of the State Bank of Việt Nam (SBV) Đào Minh Tú said on Thursday.