MSB to increase its charter capital to nearly $664 million

MSB to increase its charter capital to nearly $664 million

The SBV has approved MSB to increase its charter capital to VND15.275 trillion ($664.13 million) through stock issuance to pay dividends.
Citi spurs cross-border payments through digitalisation efforts

Citi spurs cross-border payments through digitalisation efforts

Citi Treasury and Trade Solutions Asia-Pacific has just introduced a new service for institutional clients in the region to speed up cross-border payments.
Inflation predicted to decrease, while VND could strengthen against USD

Inflation predicted to decrease, while VND could strengthen against USD

Vietcombank Securities (VCBS) predicts that September's inflation may decrease by up to 0.3 per cent and that the VND will could strengthen against the USD.
Shares gain on strong back of cash flow

Shares gain on strong back of cash flow

Shares had a good start on Monday morning as a series of large-caps rebounded on the back of strong cash flow.
Shares to accumulate before new earning results season

Shares to accumulate before new earning results season

Market analysts expect the coming easing of social distancing measures will help soothe investors' sentiment and the market will continue to have a few more weeks of accumulation before the third-quarter business results season.
F&B stocks waiting to tap economic recovery

F&B stocks waiting to tap economic recovery

Global food and beverage stocks are tumbling amid continuing worries surrounding COVID-19, the quicker the state stabilises economic recovery, the sooner enterprises will return to their development momentum.
More bank support given to businesses affected by COVID-19

More bank support given to businesses affected by COVID-19

Credit institutions and businesses can now relax after the SBV extended the time and scope of debt rescheduling for enterprises suffering from COVID-19.
Banks tighten loans for real estate businesses

Banks tighten loans for real estate businesses

The banking industry sharply reduced outstanding loans for real estate business in the first half of 2021 and will continue such limits in the second half.
Pandemic driving digital-first mindset around financial services in Vietnam

Pandemic driving digital-first mindset around financial services in Vietnam

The global health crisis is driving a digital-first mindset in Vietnam when it comes to opening banking accounts.
All to play for in bancassurance growth

All to play for in bancassurance growth

Bancassurance is prefigured to gain new momentum thanks to its win-win doctrine which generates a generous amount of upfront fees for banks, while insurers could leverage banks’ wide-ranging network despite the rigorous social restrictions.
Banks readjusting focus with subsidiary divestments

Banks readjusting focus with subsidiary divestments

Vietnamese banks are withdrawing capital from their subsidiaries to refocus on major banking services, with the move opening the door for foreign investors to make inroads in the financial market.
VN-Index declines for a second day, weighed by Vingroup's shares

VN-Index declines for a second day, weighed by Vingroup's shares

Shares fell for a second day on Wednesday on the Ho Chi Minh Stock Exchange with heavyweights like Vingroup’s stocks and banks behind this fall.
HSBC Vietnam deploys first green deposit for corporate clients

HSBC Vietnam deploys first green deposit for corporate clients

HSBC Vietnam has successfully launched the very first green deposit for corporate clients in Vietnam.
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