Commonwealth Bank of Australia divests 10 per cent stake in VIB

Commonwealth Bank of Australia divests 10 per cent stake in VIB

Commonwealth Bank of Australia (CBA) announced on October 29 that it has sold approximately 10 per cent of the shares on issue in VIB.
Policy credit a boon to Yen Bai residents in the wake of Typhoon Yagi

Policy credit a boon to Yen Bai residents in the wake of Typhoon Yagi

VBSP has delivered timely policy credit to people in the northern province of Yen Bai as they recover from Typhoon Yagi and its aftermath.
Rubber firms report positive Q3 performance

Rubber firms report positive Q3 performance

A price surge in the third quarter (Q3) has helped rubber companies to gain significant revenue and profit after years of struggling with low prices.
Assessing gold prospects for the rest of 2024 and beyond

Assessing gold prospects for the rest of 2024 and beyond

Senior financial expert Nguyen Tri Hieu scrutinises the factors that may affect gold price movements and effective investment channels.
ACCA welcomes 116 new members in Vietnam

ACCA welcomes 116 new members in Vietnam

The Association of Chartered Certified Accountants (ACCA) held a new member ceremony on October 23 and 24 themed “Driving Progress - Leading Change”.
Public debt indicators remain in alignment with expectations

Public debt indicators remain in alignment with expectations

The country is projected to keep its public debt within safe levels this year, with a significant state budget surplus recorded in the first nine months of 2024, although a deficit is forecasted for the full year.
SACE and SCIC sign MoU to strengthen cooperation between Italy and Vietnam

SACE and SCIC sign MoU to strengthen cooperation between Italy and Vietnam

Italian insurance and finance group SACE announced on October 24 that it had signed an MoU with the State Capital Investment Corporation (SCIC).
EVN Finance signs $30 million loan package with Dutch bank FMO

EVN Finance signs $30 million loan package with Dutch bank FMO

EVN Finance JSC and the Dutch Entrepreneurial Development Bank (FMO) have signed a loan contract.
Year-end credit growth driven by industrial sector

Year-end credit growth driven by industrial sector

The stock, banking, and investment markets are awaiting the release of third-quarter financial reports, with corporate lending banks expected to show strong growth in Q4, while consumer lending banks may continue to face hurdles.
Major bancassurance deals may be at peak

Major bancassurance deals may be at peak

The recent termination of some major bancassurance partnerships in Vietnam reflects a challenging market environment, but opportunities remain for a more transparent and sustainable revival in the sector.
Banks' profit picture in Q3 creates mixed sentiment

Banks' profit picture in Q3 creates mixed sentiment

Banks are releasing their third-quarter business results, and sentiments have been mixed about their profit picture.
Liquidity pressure “substantial” on Vietnam’s banks

Liquidity pressure “substantial” on Vietnam’s banks

Intense liquidity pressures and surging interest rates are anticipated in the domestic banking sector as the year-end approaches.
Remittance fee drop could boost economy

Remittance fee drop could boost economy

Experts have recommended that Vietnamese banks collaborate with foreign institutions to reduce remittance fees, as remittances remain one of the most vital financial sources for the country, especially for Ho Chi Minh City.
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