- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
In the context of increasing emphasis on environmental protection, green finance has become a hot topic in Vietnam.
After a tough year, the consumer finance market is showing strong recovery in the first half of this year, reflecting improved business performance by companies in the sector.
ESG (Environmental, Social and Governance) has become an important tool for evaluating a company's social responsibility. ESG is seen as a commitment to the capacity and culture of the enterprise for capital raising and borrowing.
Mr. Trinh Ha - market strategy expert, believes that currently, investor awareness of asset management or asset accumulation is still limited. Therefore, it is necessary to organize more programs and training courses for investors.
The "sandbox" model to test new securities products will help select a number of securities companies and intermediary financial institutions with sufficient potential to pilot some structured products for the market.
The Prime Minister has recently urged relevant ministries, branches, and agencies to take the lead in quickly implementing steps to protect the security and safety of financial market activities by their assigned powers and responsibilities; money, and financial instruments.
The State Bank of Vietnam (SBV) has decided on the mandatory transfer of Vietnam Construction Bank (CB) and Ocean Commercial Bank (OceanBank) to Vietcombank and Military Bank (MB), respectively.
Vietnam Joint Stock Commercial Bank for Investment and Development (BIDV) has just been awarded the titles of "Best API Application & Open Banking Bank in Vietnam" and "Best Trade Finance Bank in Vietnam" for 2024 by The Asian Banker.
Gold prices have peaked due to political and monetary factors, but face the risk of adjustment. Stocks remain difficult to recover due to weak liquidity and ongoing foreign net sales.
Bank interest rates have been highly volatile, with one bank making its second rate adjustment in the month as of October 31, 2024, underscoring the competitive landscape.
In Q3 2024, many securities companies in Vietnam reported less than favorable business results, with revenue and profit declining compared to the same period.
With sustainable financial solutions and a diverse range of digital products/services for small and medium-sized enterprises (SMEs), SHB has been honored as the "Best SME Bank for Sustainable Finance".
Green projects today not only protect the environment but also open up new business opportunities. However, lending to these projects faces many challenges, prompting banks to strive to meet the capital needs.