Monetary policy flexible and stable

Monetary policy flexible and stable

Vietnam’s central bank remains steadfast in implementing a proactive yet cautious monetary policy, exercising flexibility in the use of monetary tools amid recent sharp exchange rate fluctuations.
SeABank builds on strong risk management formula

SeABank builds on strong risk management formula

As of the end of Q3, SeABank recorded a 43 per cent on-year profit soar, along with several positive business indicators, driven by the bank’s solid and effective risk management practices.
Citi report highlights common language for global payments

Citi report highlights common language for global payments

Citi’s latest GPS report presents a payment industry evolving swiftly due to the rapid growth of cross-border money flows.
MB’s nine-month credit growth outpaces industry average by 80 per cent

MB’s nine-month credit growth outpaces industry average by 80 per cent

Military Commercial Joint Stock Bank (MB) has released its Q3 2024 financial results, highlighting a range of positive business indicators.
IFC considers $200m loan for LG Innotek Vietnam

IFC considers $200m loan for LG Innotek Vietnam

The IFC is considering a loan of up to $200 million to LG Innotek Vietnam Haiphong Co., Ltd.
HDBank profits reach $501.7 million in first nine months of 2024

HDBank profits reach $501.7 million in first nine months of 2024

HDBank announced its 9-month business results on October 29, with pre-tax profit reaching VND12.7 trillion ($501.7 million), up 46.6 per cent on-year.
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).
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