Completing the legal framework for virtual assets to exit the money laundering “gray zone”
In the face of new challenges in anti-money laundering operations, experts believe that it is necessary to enhance mechanisms and regulations to manage virtual assets and cryptocurrencies effectively.
Credit Card Case: $8.5 Million Debt Collection Dispute Leaves Customer Frustrated: “I Never Borrowed...
Mr. P.H.A firmly denies ever having taken out a credit card from Eximbank Quang Ninh Branch and refuses to accept the responsibility of repaying a total sum, including interest, of 8.8 billion VND.
“Catch “fierce lady” for lending with “throat-slitting” interest rates of up to 1,128% per...
Nguyen Thuy Hang has lent money to many people with "exorbitant" interest rates ranging from 110.6% to 1,128%, primarily to acquaintances and friends.
How to Achieve a Smooth Cash Flow with Minimal Costs?
In line with the Government's directive, banks have reduced lending rates to support businesses and individuals, aiming to stimulate the economy. However, credit growth in the first month of 2024 has turned negative. The question now is how to effectively channel funds to the right places in need?
USD Prices Simultaneously Decrease
Central exchange rate, USD/VND exchange rates at banks and on the free market today (March 12) all decreased as the global USD price went down and the State Bank of Vietnam (SBV) took measures to withdraw money through the bond channel.
“Capture the ‘bad girl’ lending with an unimaginable interest rate of up to 1,128%...
Nguyễn Thúy Hằng has provided many individuals with loans at exorbitant interest rates ranging from 110.6% to 1,128%, mainly targeting acquaintances and friends.
SCB claims total losses of over 760 trillion VND in Vantagecorp case, not 498...
SCB representatives disagree with the damages stated in the indictment, arguing that as of the start of the trial (March 5, 2024), SCB has suffered over 760 trillion Vietnamese dong in losses.
ACB: Pre-tax profit plan for 2024 reaches 22,000 billion VND, dividend payout ratio of...
According to recently released documents, Asia Commercial Joint Stock Bank (HOSE: ACB) is expected to present its 2024 annual general meeting agenda, which includes business plans, proposals for increasing charter capital, and dividends distribution in the form of stocks and cash.
Positive Factors Driving Credit Growth in Ho Chi Minh City Today
"Analyzing the evaluation of credit activities, placed within the context of the socio-economic environment and the requirements of promoting economic growth, credit in Ho Chi Minh City will maintain a growing trend in the near future."
NHNN: Plenty of room for credit growth this year
The representative of the State Bank of Vietnam asserts that with ample liquidity in the banking system, as the deposit balance exceeds the credit balance and there is still room for credit growth, the current conditions are favorable for credit institutions to provide funding to the economy.
Latest article
“Vietnam Aims for Eco-Industrial Revolution: First Eco-Certified Industrial Parks Still a Dream”
The concept of an eco-industrial park is novel to Vietnam, with no certified eco-industrial parks in existence as of yet. While a select few industrial parks have begun to experiment with eco-friendly, circular, and waste-recycling models, their presence is minimal. Notably, there have been instances of "greenwashing" by businesses and industrial parks, where claims of environmental sustainability are exaggerated or misleading.
The Evolution of Lending Rates: A Comprehensive Overview
With an average lending rate of just 6.29% annually, a decrease of 0.64% from last year, affordable loans are now more accessible to individuals and businesses alike.
The Art of Thai-US Trade Negotiations: Ceding Ground for Mutual Gain
Thailand aims to reduce its $46 billion trade surplus with the United States by 70% over the next five years, working towards a balance between the two nations within 7 to 8 years.
