Money

Banks post strong Q1 profit growth

By Vinh Thuy March 31, 2025 | 11:33

Domestic banks have reported positive figures for the start of this year, despite dropping slightly from the previous quarter.

Proposal to tighten penalties for securities violations

By Hazy Tran March 28, 2025 | 17:20

The Ministry of Finance plans to increase fines for stock market violations to protect investors and reduce risks.

DPM Phoc highlights VBSP's role in poverty reduction

By Hong Thuy March 28, 2025 | 16:19

VBSP's meeting crafts future strategies to strengthen its role in poverty reduction and social welfare initiatives.

IFC mulls $20 million investment in VETC to expand electronic toll collections

By Vy Bui March 27, 2025 | 15:37

International Finance Corporation is considering a five-year convertible bond of up to VND500 billion ($19.8 million) to support VETC JSC's expansion.

France's Proparco and Netherlands' FMO invest $80 million in SeABank

By Thanh Van March 27, 2025 | 15:26

Proparco and FMO have signed a loan agreement worth $80 million with SeABank.

Non-performing loans pose challenge to banking sector

By Vinh Thuy March 27, 2025 | 15:24

Managing non-performing loans (NPLs) remains a major concern for banks in 2025.

VAT cut to aid business development

By Anh Duc March 27, 2025 | 14:55

The Ministry of Finance asked for feedback on March 24 regarding a draft resolution to cut VAT.

Citi Vietnam named best commercial bank

By Huong Thuy March 27, 2025 | 14:47

The Asset Triple A Sustainable Finance Awards 2025 honoured Citi Vietnam in the category of local Best Commercial Bank.

Formalising law to remove NPL barriers

By Hazy Tran March 27, 2025 | 12:21

The continued codification of regulations under the existing legal system is expected to facilitate the resolution of bad debts, as well as remove obstacles that undermine credit institutions.

Banks race to issue dividends in search for growth

By Ha Truc March 27, 2025 | 12:16

Record-high stock dividends and capital expansion plans are underscoring bank growth goals for the coming year, reflecting financial health and a widening divide within the sector.

GELEX Infrastructure secures $40 million SACE Push loan for facility

By Vy Bui March 26, 2025 | 09:00

HSBC and the Italian Export Credit Agency have agreed a loan of $40 million for GELEX Infrastructure JSC.

Ministry proposes tripartite coordination mechanism to manage cryptocurrency exchanges

By VNA March 25, 2025 | 15:06

The Ministry of Finance has proposed a pilot programme for issuing and trading cryptocurrencies and digital assets, with oversight from three key agencies: the Ministry of Finance, the Ministry of Public Security, and the State Bank of Vietnam.

Deputy PM discusses financial centre development with ECB

By VNA March 25, 2025 | 15:00

With the country’s National Assembly expected to issue a resolution this year on the establishment of international financial centres, Binh said the Vietnamese Government hopes to obtain the ECB’s advice in shaping policies for financial regulation, investment attraction, risk management, and anti-money laundering efforts.