09-04-2012 10:14
Confident local banks are rolling out capital hike plans this year. Headlining the trend is Vietinbank with State Bank approval to raise its chartered capital to VND26,217 billion ($1.2 billion) from VND20,228 billion ($970 million) by issuing dividend shares.
07-04-2012 15:52
The State Bank of Vietnam (SBV) will lower the yearly interest rate to 12 per cent because of stable macroeconomic conditions, slowly increasing inflation, improved bank liquidity and credit.
05-04-2012 16:02
Local banks are displaying a growing appetite for global reach.
05-04-2012 10:27
Vietnam should set up a border trade loan guarantee fund to provide preferential guarantee and training for commercial banks regarding small and micro business loans.
03-04-2012 20:19
Commercial banks are striving to applying several risk control measures, essentially improving credit quality and reducing bad debt, as they confront a worsening problem with non-performing loans.
03-04-2012 17:00
Industry insiders are weighing up banking sector mergers and acquisitions.
02-04-2012 07:49
Interbank rates are falling in step with improved bank liquidity, lower demand for credit, risk-averse banks and State Bank bills.
31-03-2012 16:46
Foreign-invested banks in Vietnam reported a considerable rise in their profits in 2011 despite the economy recession.
31-03-2012 10:31
Merger and acquisition (M&A) in banks will be boosted in the next five years as part of efforts to overhaul the entire banking system and speed up the formation of one to two regional-class commercial banks in Vietnam.
30-03-2012 09:53
Banks are scaling up efforts to address credit quality and drive down bad debt rates.
26-03-2012 07:07
The central bank has ordered major state-owned banks to trim their lending rates, cut spending and boost operational efficiency.
25-03-2012 23:30
The State Bank should consider issuing bills or bonds in USD, instead of VND to increase forex reserves or paying off overseas debts and encouraging direct and indirect foreign investment
- Vu Thanh Tu Anh - Head of research at the Fulbright Economics Teaching Programme
24-03-2012 08:56
The State Bank of Vietnam has asked State-owned, commercial banks and joint stock banks in which the State holds more than 50 per cent of their registered capital to cut operation costs and lower lending interest rates.
22-03-2012 09:43
Banks are working to maximise golden advantages.