News - XP Advisory

The State Bank of Vietnam has issued Circular 08/2023/TT-NHNN on conditions for borrowing foreign loans not guaranteed by the Government, replacing Circular No. 12/2014/TT-NHNN effective from August 15, 2023.

Despite the concerns of banks that the revised lending regulations could significantly disrupt offshore lending, the new Circular still contains less stringent regulations than anticipated. These changes appear to be intended to recognize the important role that foreign capital can play in the current economic turmoil. Borrowing purpose The new circular separates the borrowing purposes for...

15-09-2024

Financial market in the first 6 months of 2023

According to a report of the Ministry of Finance, in the first half of 2023, the management of financial markets and financial services has achieved many positive results.

15-09-2024

First 6 months of 2023: State budget revenue reaches VND 875.8 trillion

According to a report of the Ministry of Finance, in the first half of 2023, state budget revenue reached VND 875.8 trillion, equaling 54% of the estimate. In which, central budget revenue reached 57.1% of the estimate, local budget revenue reached 50.6% of the estimate.

15-09-2024

Top 10 banks with the highest bad debt ratio in the first half of 2023

At the end of the second quarter of 2023, most of the joint stock commercial banks (commercial joint stock banks) recorded a sharp increase in the bad debt ratio compared to the beginning of 2022. The National People’s Commercial Joint Stock Bank ranked first in the system in terms of bad debt ratio. followed by...

15-09-2024

FPT.AI’s mark at Asia’s leading banking and finance event

FPT Smart Cloud attended the Retail Banking Asia Summit in Jakarta, Indonesia on May 17 with more than 200 leading financial and banking enterprises, opening up many new cooperation opportunities. According to experts at Retail Banking Asia Summit Indonesia, AI contributes to creating a strong growth engine for the financial – banking industry. Retail Banking...

15-09-2024

Outstanding international financial events

Standard Chartered was accused of “money laundering” of $ 250 billion, the Philippines closed the stock market because of floods, China’s economic slowdown … were the financial highlights of the week. 1. Standard Chartered accused of “laundering” $250 billion The New York Department of Financial Conduct accused Standard Chartered of making $250 million from conducting...

15-09-2024

Series of events at Corona Resort & Casino on the occasion of 2/9

During the National Day holiday this year, Corona Resort & Casino will organize many activities and events to appreciate customers. Corona Resort & Casino is a multi-experience resort – entertainment complex with a scale of more than 18,000 m2. This place was once voted by World Best Casino as the best entertainment venue in the...

15-09-2024

Why is ATM card locked?

ATM cards are locked for various reasons, making it difficult for cardholders to make transactions. The ATM card is locked, cannot access the system, cannot make transactions on the POS machine usually for the following reasons: Overdue ATM cards: domestic ATM cards are valid for 5-7 years and have an expiration date written on the...

15-09-2024

Export turnover of goods in 7 months is estimated at 194.73 billion USD

The report of the Ministry of Industry and Trade shows that, in the past 7 months, export turnover of goods was estimated at 194.73 billion USD, down 10.6% over the same period last year. In which, the domestic “economic” sector reached 51.5 billion USD, down more than 10%, accounting for more than 26% of total...

15-09-2024

Increasing national petroleum reserves to 10 times by 2030: What do businesses recommend?

National petroleum reserve will be raised to 75-80 days of net import in 2030, more than 10 times the current level, what conditions are needed to do that? According to the national energy master plan for the period of 2021 – 2030, with a vision to 2050, the national petroleum reserve (crude oil, products) will...

15-09-2024