Hsbc bank vietnam ltd

By joining HSBC’s green financing, Duy Tan will receive experts' consultancy on green finance, sustainable development and green projects’ governance. Additionally, a green credit profile will help broaden the company’s access to the international capital market in the future. … [Read more...] about HSBC finances plastics recycling project

There remains a big gap between quality in vocational training and demand in labor market. In Vietnam, a total of 42.4 million in the working force have not been trained to reach certain level of technical expertise, while an aging population could have a negative impact on Vietnam’s productivity in the future. … [Read more...] about Eight reasons behind gap in Vietnam’s productivity level and regional peers

Peer to peer lending (P2P Lending) will become legal in Vietnam after a draft decree on fintech management is compiled. However, P2P is a form of civil transaction and the current laws don’t stipulate which agency has management over the activities. … [Read more...] about VN State Bank designs ‘sandbox’ for P2P lending

Banking transactions and mobile payments are experiencing impressive growth in Vietnam when it comes to both the number of users and value of transactions, head of the SBV’s payment department Pham Tien Dung told a seminar on cashless society held in Ho Chi Minh City on June 12. In the first four months of the year, the number of domestic banking transactions grew 26.2% with value expanding 15.7%. As of the end of March, the number of banking accounts reached 103.1 million, up 22.4% from the end of 2017, Dung said. Notably, mobile payments increased sharply by 189 % in number and 166% in value from a year earlier, he added. He attributed the growth to the development of IT and telecommunications, thanks to which banks have created a variety of new user-friendly cashless payment services, such as mobile banking, Internet banking and bankcard payment. Vietnamese banks have quickly integrated latest technologies, including fingerprint authentication and facial recognition, … [Read more...] about Banking transactions, mobile payments grow sharply in Vietnam

The information was released during an online investment promotion conference held on July 9 in Hanoi with  over 1,000 Japanese enterprises from around the world in attendance, indicating the level of seriousness shown by the Japanese business community in the nation. Deputy Minister of Planning and Investment Vu Dai Thang stated that the event offers participants the latest information on the Vietnamese business and investment climate, in the context of the country successfully containing the novel coronavirus pandemic. … [Read more...] about Japanese firms continue to grow business operations in Vietnam