vpbank to set fol at 30 per cent after private placement

VPBank to set FOL at 30 per cent after private placement

VPBank (HSX: VPB) is looking to raise capital through a private placement in the upcoming months, then lift its foreign ownership limit (FOL) to 30 per cent and invite potential foreign investors to pay a premium price for its stakes, said the bank’s chairman at the annual general meeting (AGM) held on March 19.
aia and vpbank sign 15 year bancassurance partnership

AIA and VPBank sign 15-year bancassurance partnership

AIA Vietnam has joined up with VPBank in a 15-year exclusive bancassurance partnership on Monday, offering VP Bank customers a comprehensive range of life insurance products and services powered by AIA’s innovative wellness proposition, AIA Vitality.
vpbank breaks hose record by individual stock sales

VPBank breaks HoSE record by individual stock sales

Thanks to investors’ interest in its shares, Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has completed the sale of 165 million individual stocks at the price of VND39,000 ($1.71) apiece and earned more than VND6.4 trillion ($280.7 million). 
ifc offers 57 million convertible loan to vpbank

IFC offers $57-million convertible loan to VPBank

International Finance Corporation has approved a convertible loan of $57 million to Vietnam Prosperity Joint Stock Commercial Bank, commonly known as VPBank. 
vpbank divests subsidiaries in quest to find strategic partner

VPBank divests subsidiaries in quest to find strategic partner

The Vietnam Prosperity Bank (VPBank) has announced its plan to sell stakes to a strategic partner and divesting two subsidiaries, namely VP Bank Securities Company (VPBS) and VP Bank Financial Companies (VPBFC).
vpbank and mik corporation join hands

VPBank and M.I.K Corporation join hands

M.I.K Corporation, a leading professional real estate developer in Vietnam, has recently announced that Vietnam Prosperity Bank (VPBank) will act as a guarantor for its projects, following the Law on Real Estate Business coming into effect on July 1.
vpbank and ifc to offer 150 million to coffee exporters

VPBank and IFC to offer $150 million to coffee exporters

A major Vietnamese bank and the International Finance Corporation (IFC) have collaborated to provide $150 million in supply chain financing for coffee-exporting companies in Vietnam.
vpbank plans compulsory acquisition of struggling credit institution

VPBank plans compulsory acquisition of struggling credit institution

VPBank has outlined documentation in its 2024 AGM of its intention to undertake a compulsory acquisition of a struggling financial institution. This move is highlighted as part of VPBank's strategic objectives for the year.
be group working with vinfast and cake by vpbank to promote ev use

Be Group working with VinFast and Cake by VPBank to promote EV use

Be Group signed a cooperation agreement on September 8 with VinFast and Cake by VPBank to encourage its drivers to switch from petrol to electric vehicles (EVs), meaning thousands of Be drivers will benefit from VinFast's support policies and have access to financial solutions from Cake the digital bank.
vpbank has received a 10 per cent deposit from smbc

VPBank has received a 10 per cent deposit from SMBC

At an investor-update meeting on May 18, Luu Thi Thao, deputy general director of VPBank, revealed that the bank has received a 10 per cent deposit from Japanese partner SMBC, as part of the $1.5 billion private placement agreement signed between the two banks.
cat linh ha dong metro line serves more than 265 mln passengers in q1

Cat Linh- Ha Dong metro line serves more than 2.65 mln passengers in Q1

The Cat Linh – Ha Dong metro line served more than 2.65 million passengers in the first quarter of this year, skyrocketing 262% year-on-year, according to General Director of Hanoi Railway Company Limited (Hanoi Metro) Vu Hong Truong.
new research uncovers edge computing challenges

New research uncovers edge computing challenges

Responses from more than 1,000 global IT professionals and decision-makers reveal drivers of edge computing deployments, challenges, and solutions for maintaining resilience, connectivity, and supporting digital-first connected operations.
ntu bringing research and innovation to vietnam

NTU bringing research and innovation to Vietnam

Singapore is creating new cooperation models between education and business in Vietnam. Prof. Lam Khin Yong, senior vice-president at Nanyang Technological University, talked with VIR’s Nguyen Huong about experiences and solutions to promote research and innovation in both universities and businesses.
kim eng vietnam has new head of research

Kim Eng Vietnam has new head of research

Michael Kokalari has joined Kim Eng Vietnam Securities as the Head of Research.
female scientists set coronavirus research on course

Female scientists set coronavirus research on course

In May last year, amidst the complicated and unpredictable coronavirus pandemic situation, nine female scientists from the Influenza Laboratory of the Virus Department under the National Institute of Hygiene and Epidemiology (NIHE) were honoured with the Kovalevskaia Award for the successful isolation of the new strain of coronavirus SARS-CoV-2, making Vietnam one of the first four countries to successfully do so.