The most important difference is that a medium or long-term offshore loan must be registered with the central bank (called the State Bank of Vietnam or SBVN). An offshore loan that has a short term of ...

Credit institutions have proposed to raise the cap of small loans not requiring feasible capital use plans and related person information from 100 million VND to 400 million VND (15,710 USD).

Vu Ne Tang, acting chief of Vietnam's National Financial Supervisory Commission, expressed gratitude to Korea for sharing its experience and knowledge in managing distressed loans.The acting top ...

Outstanding margin loans at brokerage houses in Vietnam had risen to a record high of an estimated VND195 trillion ($7.66 billion) at the end of March.

The ring provided loans topping VND20 trillion (US$790 million) at an annual interest rate of 2,346 percent to more than one million people ...

MUFG has piloted sustainable deposits in Vietnam with placements by Taikisha Vietnam Engineering, Acecook Vietnam, and Arcelik Hitachi Home Appliances Sales Vietnam.

A slew of Vietnamese property developers have reported poor business performance in the first months of this year despite signs of recovery in the real estate market.

Lan is expected to appeal the court’s verdict. But on a basic level, this extraordinary case of fraud exposes the inherent vulnerabilities of banks, which use deposits to fund loans. Put simply, for ...

This week, the administration of President Joe Biden said it will cancel student loans worth US$6 billion for graduates of a system of a for-profit chain of colleges ...

Saigon Commercial Bank’s losses could cause the national treasury to dry up, as the government injects ‘special loans’ to keep the bank afloat.

Vietnam’s top soft drinks tycoon was jailed for eight years on Thursday in a $40m fraud case – the latest high-profile business figure snared in the country’s sweeping crackdown on corruption.