Modest bank growth projected this year

Modest bank growth projected this year

Last year saw major changes in the banking industry, with total assets of the commercial bank group growing strongly, and most banks entering the race to diversify services. In 2023, challenges lie ahead in the context of a downturn in the real estate cycle and a less positive outlook for exports.
VN-Index closes the week in green on improved liquidity

VN-Index closes the week in green on improved liquidity

Shares ended the week in the green with the VN-Index rising 0.36 per cent to close Friday at 1,060.17 points.
Banks anticipate upward momentum in 2023

Banks anticipate upward momentum in 2023

Bank profit is anticipated to be stellar in Q4/2022, with the financial announcement season to take place after the Lunar New Year holiday.
Inspiring inward remittances despite challenging 2022

Inspiring inward remittances despite challenging 2022

Vietnam saw stable inward remittance flow until the end of last year despite the global economic recession and spiking inflation around the world.
Lenders search for further credit room

Lenders search for further credit room

As the gap widens among banks in terms of profit growth, on-year credit growth remains an important driver for banks, as it makes the largest contribution to pre-tax profit growth. Thus, banks are looking for an allocation of credit room this year.
Pre-pandemic rise felt with interest rate movements

Pre-pandemic rise felt with interest rate movements

After a tumultuous year in 2022 with VND interest rates continuously increasing, it is expected that a sideways trend will prevail in 2023.
Vietnam primed for high growth status

Vietnam primed for high growth status

Despite tough global headwinds, Vietnam's economic performance is holding strong. Hong Dung talked with CEO of Standard Chartered Vietnam Michele Wee about the country's future growth prospects.
Shares open week in red, liquidity slips

Shares open week in red, liquidity slips

Shares inched higher on the first day of the week on the Ho Chi Minh Stock Exchange, propped up by Vietcombank’s gain while other blue chips weakened.
Real estate and construction firms to buy back over $710 million in bonds

Real estate and construction firms to buy back over $710 million in bonds

According to the VMBA, the total value of corporate bonds reaching maturity from now until the end of this month approximates $760.8 million.
Companies’ profit growth may cool down but market sees potential

Companies’ profit growth may cool down but market sees potential

The profit growth of listed companies is forecast to cool down in 2023 but experts said there are still many positive factors to support the market in the near future.
Shares diverge, but market extends rallies

Shares diverge, but market extends rallies

After stocks soared in the first trading session of the year, some investors sized chances to take profits, pressuring the market.
Cake efforts make sweet gains

Cake efforts make sweet gains

Though newly established, leveraging significant investment in technology, Cake by VPBank has emerged as one of Vietnam's top digital banks in terms of customer growth and service quality.
Limited inflation pressures underpin positive projections

Limited inflation pressures underpin positive projections

Vietnam has made a go of bringing inflation under control in 2022 thanks to the government’s great efforts to rein in market prices, with praise from various international organisations.
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