Saigonbank divests Viet Capital Bank

Saigonbank divests Viet Capital Bank

The Board of Directors of Saigonbank (UPCoM: SGB) approved plans to divest its interest in Viet Capital Bank (UPCom: BVB).
Profuse real estate lending on alert

Profuse real estate lending on alert

Loans related to real estate-backed collateral and build-operate-transfer projects are classified as among the riskiest and largest portion of banks’ portfolios, which might require restrictive approaches on quantitative quotas.
Vietnam's steel industry remains attractive in second half

Vietnam's steel industry remains attractive in second half

According to Mirae Asset, Vietnam's steel industry in the second half of 2021 is still attractive, with a valuation 20 per cent lower than the region.
Shares set new high, cash flow boosts indices

Shares set new high, cash flow boosts indices

Vietnamese shares extended gains on Friday, setting a new historical high thanks to a strong investment cash flow and foreign investors’ net buying.
Shares rebound on bottom-fishing

Shares rebound on bottom-fishing

Vietnamese shares rebounded on Thursday, bolstered by the growth of blue-chip stocks as investors sought stocks that had been hit hard in the previous session.
Shares decline on foreign selling

Shares decline on foreign selling

Vietnamese shares ended Wednesday on a negative note after foreign investors extended their net selling streak, further damping investor sentiment.
Multitude of options on table for further tax interventions

Multitude of options on table for further tax interventions

With the current outbreak still not entirely controlled, the government stands at a complicated crossroads as it needs to choose between further state budget security and continued support for the business community.
Non-performing loans boosted by regulation

Non-performing loans boosted by regulation

Banks are coming to grips with a tile of non-performing loans due to the pandemic. Kent Wong, partner and head of Banking and Capital Market at VCI Legal, portrays how the new circular’s debt rescheduling may affect banks, and how foreign banks could deal with distressed loans.
Directive No.40-CT/TW: correct, creative, deeply humane

Directive No.40-CT/TW: correct, creative, deeply humane

More than five years of implementing Directive No.40-CT/TW, several important results have been achieved.
Pension fund landscape to be diversified

Pension fund landscape to be diversified

Driven by incrementally surging demand from a gradually ageing population, more credit institutions and consumer finance companies are diversifying their loan schemes, including loan programmes for retirees.
A resilient pension fund fit for future demographics

A resilient pension fund fit for future demographics

The increasingly ageing demography in Vietnam has asserted various challenges for the domestic economy, whilst still offering some lucrative opportunities for others.
Visa extends support of Cashless Day to drive growth of non-cash payments in Vietnam

Visa extends support of Cashless Day to drive growth of non-cash payments in Vietnam

Visa is celebrating Cashless Day in Vietnam by raising awareness to the benefits cashless payments provide businesses and consumers across the country.
VN’s stock market makes anticipated progress: UK newspaper

VN’s stock market makes anticipated progress: UK newspaper

As Vietnam makes its anticipated progress from frontier status to a fully-fledged emerging market, the stock market is now at the stage where more and more private investors are getting on board, according to the UK newspaper Proactive.
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