Rosy half-year profits across the board at Vietnamese banks

Rosy half-year profits across the board at Vietnamese banks

In the first half of this year, most banks have fulfilled more than half of their full-year profit targets despite COVID-19 complexities.
Reference exchange rate up at week’s beginning (July 26)

Reference exchange rate up at week’s beginning (July 26)

The State Bank of Vietnam set the daily reference exchange rate at 23,213 VND per USD on July 26, up 4 VND from the last working day of previous week (July 23).
Private equity firms pivot investment focus in Vietnam amid crisis

Private equity firms pivot investment focus in Vietnam amid crisis

Private equity firms are actively seeking potential investment targets in Vietnam with a number of deals being secured during the fourth COVID-19 outbreak.
Malaysia's CIMB greenlit to increase charter capital for Vietnamese bank arm

Malaysia's CIMB greenlit to increase charter capital for Vietnamese bank arm

Malaysian bank CIMB announced that the SBV has approved its request to increase the charter capital of its CIMB Vietnam to VND3.69 trillion ($160.43 million).
Financial behemoth MB Group likely to secure $5 billion in revenue by 2026

Financial behemoth MB Group likely to secure $5 billion in revenue by 2026

Accelerating digital transformation and enhancing technology infrastructure to meet ever-evolving demands are critical parts of MB Group’s development strategy.
How new rules will change the securities basket of VN DIAMOND index

How new rules will change the securities basket of VN DIAMOND index

The HSX has revised the criteria of the VN Diamond index with wide-ranging changes effective from this October.
Shares end lower at the end of choppy week

Shares end lower at the end of choppy week

Shares settled down on the last trading day of the week as investors returned to profit-taking activities, while foreign investors continued to net sell on the market.
Mizuho Bank eyeing mega Vietnamese expansion

Mizuho Bank eyeing mega Vietnamese expansion

Savvy Japanese investors are acknowledging that the Southeast Asian market, and Vietnam in particular, is the central pillar of their business expansion strategy...
Lenders give nod to rate cuts to help out

Lenders give nod to rate cuts to help out

Commercial banks have agreed to slash additional interest rates as they sought to help reignite Vietnam’s economy and support vulnerable businesses and individuals...
Market gathers momentum, VN-Index continues to recover

Market gathers momentum, VN-Index continues to recover

The stock market edged higher on Wednesday morning as investors' risk appetite returned.
US Department of Treasury and SBV reach mutual agreement on currency practices

US Department of Treasury and SBV reach mutual agreement on currency practices

The US Department of the Treasury and the SBV have reached an agreement to address the Treasury’s concerns about Vietnam’s currency practices.
Sentiment remains weak, VN-Index loses another 13 points

Sentiment remains weak, VN-Index loses another 13 points

The stock market inched down on Tuesday morning as it was still pressured by profit-taking activities.
ICAEW teams up with Vietnam’s Ministry of Finance to deepen accounting and auditing expertise

ICAEW teams up with Vietnam’s Ministry of Finance to deepen accounting and auditing expertise

The ICAEW has signed an MoU with the Accounting and Auditing Supervisory Department to increase the quality of HR and accounting and auditing standards in Vietnam.
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