05-08-2024 21:02
Bank profit in the first half of this year has been a mixed mag amid a still challenging business environment.
09-07-2024 12:00
Vietcombank is preparing for a private placement of 6.5 per cent of its charter capital to strategic shareholder Mizuho and a number of other shareholders, according to ACB Securities (ACBS).
12-06-2024 17:26
Vietcombank began selling SJC-branded gold bullion online on June 12.
10-06-2024 09:46
With the growth of the middle class in the Vietnamese market, amidst a positively growing economy, the number of high-end customers for financial institutions, banks, and securities companies is steadily increasing. Dau Thi Kim Nhung, head of Retail Marketing at Vietcombank, covers priority customer activities with VIR’s Hazy Tran.
17-05-2024 07:50
Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with Hong Dung on the credit landscape in the first quarter of this year, its impacts on banking stocks' performance, and how some banks have tackled current challenges to achieve better growth.
09-05-2024 14:27
Airports Corporation of Vietnam (ACV) has secured a $1.8 billion loan from three state-owned banks over a 20-year term to finance the construction of Long Thanh International Airport.
01-04-2024 15:23
Garmin Vietnam is expanding its contactless payment service, Garmin Pay, through a collaboration with five major banks, ACB, MB, Sacombank, Techcombank, and Vietcombank, the company announced on April 1.
19-03-2024 10:23
Many banks have announced plans for their upcoming annual shareholders' meetings (AGMs), with diverse issues such as dividend payments, capital hikes, and profit targets topping the agendas.
11-03-2024 18:02
With the low-interest rate environment and resumed credit growth, banks are expecting a rosier profit picture this year compared to 2023.
30-01-2024 09:44
Several banks saw a significant improvement in the fourth quarter (Q4) last year, leveraging credit growth and improved efficiencies to tackle bad debts.
26-01-2024 15:48
The credit quality of BaoViet Bank has receded as the bank’s non-performing loans (NPL) climbed to almost $70 million by the end of 2023, showing a near 50 per cent jump compared to the start of the year.
12-01-2024 15:40
Major state lender Vietcombank has just released its 2023 figures, with results across a variety of areas exceeding expectation. The Hanoi-headquartered bank saw $59.5 billion in deposit volume, up over 12 per cent on-year, and outstanding balances amounting to $53.58 billion, showing a 10.6 per cent jump on-year.
20-12-2023 16:01
There will be little room for further reduction in deposit interest rates in 2024 as they have dropped deeply to pre-COVID-19 levels, while the lending interest rate can still be lowered by 1-1.5 percentage points next year, Vietcombank Securities (VCBS) forecast.
19-12-2023 09:00
Prime Minister Pham Minh Chinh has proposed a collaboration with Japan's Mizuho Bank, one of the three mega banks in Japan, for the restructuring of Vietnam's underperforming banks.
04-12-2023 14:50
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) introduced the premium Vietcombank Visa Infinite Credit Card, featuring a pair of unique and exquisite card designs, on December 1.