MUFG is one of Japan’s three largest banking institutions.

The country's lenders are at the vanguard of an ambitious plan to digitise the economy, but significant challenges still lie ahead.

The decision is meant to reduce red tape and simplify business operations for Vietnam's banks and credit institutions.

The first quarter of 2024 paints a mixed picture for Vietnam's market, with profit growth tapering off amid lackluster performances from key sectors. While some industries show promise, others struggle to meet expectations, signaling potential challenges ahead.

The State Bank of Vietnam has made south going moves in its gold auction strategy to gain more traction with buyers.

Deputy Governor Dao Minh Tu discusses State Bank's efforts to stabilize SCB and maintain financial system integrity at first-quarter press conference.

The State Bank of Vietnam has begun selling US dollars to curb a rapidly appreciating exchange rate, offering relief to banks with negative foreign currency positions.

Sự sụp đổ của SVB làm dấy lên lo ngại về rủi ro lây lan toàn cầu, gây ra làn sóng chấn động khắp thị trường tài chính…

The Central Institute for Economic Management (CIEM) has said the lack of a legal foundation for fintech and the circular economy raises concerns about risks and negative consequences. It is therefore necessary for Vietnam to accelerate the testing of a sandbox mechanism in the banking sector.

After the State Bank of Vietnam (SBV) raised the ceiling interest rate for deposits under six months to 6 per cent per annum, many banks increased their rates from October 25. The highest is at SCB, at up to 9.3 per cent per annum. Analysts have forecast that interest rates will continue to increase over the closing months of the year due to exchange rate pressure and inflation.