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With a charter capital of over US$285 million, KBank is the second largest foreign bank branch in Vietnam by charter capital.

The World Bank would share experience and enhance capacity building to help Vietnam establish the necessary regulatory framework and implement projects that promote sustainable development.

After the last two interest rate cuts, lending rates on the market have fallen to below 8% per annum.

Amidst the global uncertainties, the Central Bank has been buying back foreign currencies to ensure an adequate trade balance and economic stability.

Some banks used to be very popular, with hundreds of thousands of customers, but they gradually disappeared from the market because of many reasons.

The agreement surpasses the VND20 trillion ($850 million) acquisition of a 15% stake in BIDV from KEB Hana Bank (South Korea) in 2019, setting a new record in the banking industry.

The country's central bank said the cut in the benchmark interest rate was a crucial step toward reducing market interest rates in the near future.

Gender-diverse leadership teams offer significant benefits to banks, from the strength of leadership teams, and cultural diversity, to viable financial performance metrics.

VinFast is building an electric vehicle plant as an investment strategy to expand the company's US operations.

Banks should exercise caution when making large loans to customers or financing large-scale projects to minimize risks.

The favorable economic backdrop has enabled banks to take advantage of ample asset origination opportunities to expand while rising household incomes and improved business cash flow keep credit risks in check.

Vietnam's Minister of Finance will visit Luxembourg soon to discuss the update of mutual agreements and address issues in regard to EIB-funded projects in the Southeast Asian country.

Banks are requested to be responsible for supporting growth and containing inflation simultaneously.

The expansion of the credit room by 1.5-2 percentage points would mean an addition of VND156-200 trillion ($6.5-8.3 billion) being injected into the economy.

With digital payments becoming the go-to choice for a seamless experience, Google Wallet is now available in Vietnam.

High lending rates may be unfavorable for businesses, but ensuring long-term macroeconomic stability is essential for them to recover and thrive.