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Da Nang’s Allure on the Investment Map: From Tourism Boom to Iconic Real Estate

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Da Nang is emerging as a strategic hub for major investments, as its infrastructure, tourism, and iconic real estate developments converge to create a new wave of growth. This coastal city is shaping an attractive investment portfolio, drawing financial experts and investors seeking long-term value.

Q3 Non-Performing Loan Coverage Ratio Continues to Improve

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The non-performing loan coverage ratio of the banking system continued its recovery trend in Q3. Effective management of bad debts has provided banks with additional time to rebuild their buffers following the previous sharp decline. Each bank implements distinct provisioning policies based on its strategic direction, leading to varying approaches in provisioning across different groups.

Massive Bank Branch Closures and ATM Shutdowns Due to Severe Flooding

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Amidst the escalating complexities of flooding in the South Central provinces, banks have collectively announced a temporary suspension of transactions at their branches and transaction offices in the affected areas.