bank profits down on narrow rate margins

Bank profits down on narrow rate margins

Despite complaining about low lending rates, banks have performed strongly in the first six months of this year.
german hip hop artists to join national tournament

German hip-hop artists to join national tournament

Two famous German hip-hop dancers, Uwe Donaubauer and Louis Becker, will arrive in Hanoi to join Floor Killer, the 4th national recreational dance championship scheduled for July 5 and 6, from 11 a.m. to 8:30 p.m. at Savico Megamall, 7 Nguyen Van Linh Street, Long Bien District, Hanoi, the Goethe Institute announced in a statement.
sbv leader explains post riot measures

SBV leader explains post-riot measures

Deputy head of the State Bank of Vietnam’s Ho Chi Minh City branch Nguyen Hoang Minh sheds some light on measures being taken to support foreign invested enterprises after violent protests erupted mid-last month in response to China’s illegal placement of an oil rig in Vietnam’s continental shelf.
banks still attractive despite low deposit rates

Banks still attractive despite low deposit rates

The latest figures from the State Bank of Vietnam’s Monetary Policy Department show that as of April 22, total bank deposits had risen 3.09 per cent against the beginning of this year, with dong deposits rising 4.26 per cent but with US dollars down 3.98 per cent.
expert property market rebound unlikely

Expert: Property market rebound unlikely

Director of the Business Development Institute Le Xuan Nghia discussed why he is wary of what effect the property-oriented preferential credit packages will have on the market.
banks prudent in 2014 profit targets

Banks prudent in 2014 profit targets

Banks’ profit targets for this year are proving very modest compared to those of previous years as they face mounting bad debts.
forex rate coming into focus

Forex rate coming into focus

Export businesses want the dong-dollar exchange rate be further loosened to spur export.
interests rates set to be weapon of choice

Interests rates set to be weapon of choice

Industry insiders are weighing up interest rate instruments to retain market stability.
debt hit banks must be prudent with dividends

Debt hit banks must be prudent with dividends

Small banks must scale-down dividend rates due to rising bad debts and bigger provisions.
banks to profit from calm approach

Banks to profit from calm approach

Banks are taking a calm approach to 2013 profit targets amid a stormy economy.
opening door to property credit

Opening door to property credit

Muscling up credit for the under fire property sector remains a curly question.
banks suffer soft credit demand

Banks suffer soft credit demand

Championing consumer lending, particularly car purchases, has proven tough for banks amid impotent market demand.
banks continue to be in a pickle

Banks continue to be in a pickle

Continuing economic difficulties are hitting banks’ dividend payments.
state banker describes changing market

State banker describes changing market

Deputy director Nguyen Hoang Minh at State Bank of Vietnam’s Ho Chi Minh City branch office brings some light to the city’s capital supply and banks’ performance in later months of the year.
greenback loans get tongues moving

Greenback loans get tongues moving

The year-end, dollar-denominated lending situation is again under the spotlight.