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Assessment of non-performing loans so far in 2024

By Hong Dung August 15, 2024 | 09:51

The non-performing loan (NPL) ratio reached nearly 5 per cent at the end of May. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with VIR’s Hong Dung the assessment of NPLs in the first half of 2024.

VBA requests amendments to the draft on special consumption tax

By Hazy Tran August 14, 2024 | 19:04

The VBA has shown support for amending the special consumption tax but has suggested a reduction in the amount of tax to be increased.

Deposits flowing back into banks

By Hazy Tran August 13, 2024 | 18:58

Deposits in the banking system are increasing in tandem with rising interest rates, amid a crisis in risky asset investment channels.

Bank bond issuance soars 140 per cent amid debt crisis

By VNA August 13, 2024 | 16:58

Bank bond issuance has surged to 96.2 trillion VND this year, a surge of 140 per cent from last year, according to MB Securities (MBS).

MB receives double honour from HR Asia

By Hien Nguyen August 12, 2024 | 21:21

MB was honoured as one of the 'Best Companies To Work For In Asia 2024' along with winning the 'Sustainable Workplace Award' on August 8.

Finance ministry proposes lower tax rate for micro and small enterprises

By VNA August 09, 2024 | 10:45

To support micro and small enterprises to accumulate capital and develop business, the Ministry of Finance (MoF) has proposed lowering the corporate income tax rate to 15-17 per cent for those with a total revenue of no more than 50 billion VND (1.99 million USD), instead of the current flat rate of 20 per cent.

HDBank posts outstanding business results in first half of 2024

By Thanh Van August 08, 2024 | 09:00

HDBank held its Q2 investor conference on August 8, where it announced positive business results for the first half of the year.

Vietnam, Australia boost securities industry partnership

By VNA August 07, 2024 | 17:30

The State Securities Commission of Vietnam (SSC) and the Australian Securities and Investments Commission (ASIC) officially signed a Memorandum of Understanding (MOU) for cooperation in Sydney, Australia on August 2.

Vietnam's stock market remains resilient in 2024

By Thanh Van August 07, 2024 | 16:31

Vietnam's stock market continues to show resiliency in 2024 with the VN-Index up about 10 per cent year-to-date.

VIB the most 'viral' bank on social media

By Thanh Van August 07, 2024 | 16:22

VIB has made a big splash on social networking sites thanks to its sponsorship of the show Anh Trai "Say Hi".

Inefficiencies remain with ESG in banking

By Luu Huong August 07, 2024 | 15:00

Approximately 90 per cent of Vietnam’s banks have incorporated environmental, social, and governance practices to some extent, but significant challenges, such as data shortages, policy gaps, and insufficient expertise, hinder full implementation.

Revision forces banks to reveal more shareholders

By Celine Luu August 07, 2024 | 13:05

The new regulations of the revised Law on Credit Institutions, made effective a month ago, aim to curb the influence of affiliated entities on banking operations.