14-04-2021 11:35
Bank tickers are anticipated to remain in the spotlight in 2021, with investors racing to capitalise on bright profit prospects. Choosing the right tickers, however, is a continuing headache for investors.
14-04-2021 11:32
Citi Vietnam was recently named Digital Bank of the Year by The Asset Magazine, recognising Citi’s franchise in Vietnam for its performance, resiliency, and acceleration of digital banking.
14-04-2021 11:00
While Hanoi’s new bridge development by 2030 is expected to drive future socioeconomic development and increase regional connectivity, bankability remains dim, waiting for special mechanisms in which to lure private investment.
13-04-2021 12:43
Foreign investment in state-owned banks could quench the thirst for capital while assisting with consolidation, but major problems continue to hinder the process.
12-04-2021 14:09
The alleged mergers and acquisitions deal between HDBank and PGBank has turned sour, as confirmed by representatives from both sides.
12-04-2021 14:00
The idea of forgiving debt held by poor countries in exchange for "green" investments gained ground this week during the spring meetings of the IMF and World Bank, with concrete proposals expected in time for a global climate summit this fall.
09-04-2021 15:18
A number of banks recorded impressive growth in the first quarter and set a relatively strong profit growth target this year.
08-04-2021 08:00
The State Bank of Vietnam (SBV) strictly monitors the progression of the macroeconomic models, monetary systems, and COVID-19 situation both nationally and internationally in order to appropriately assess bank credit with reference to the national action plan.
07-04-2021 18:03
Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HSX: HDB) announced that its estimate of pre-tax profit in the first quarter of 2021 exceeded VND2 trillion ($86.96 million), an increase of more than 67 per cent compared to the first quarter of 2020. Income from services doubled that of the same period for three consecutive quarters, showing great potential.
06-04-2021 11:33
The Society for Worldwide Interbank Financial Telecommunications (SWIFT) is a vast messaging network used by banks and other financial institutions to quickly and securely send and receive information, such as money transfer instructions.
05-04-2021 17:18
Shares made strong gains on Monday morning, propelled by the growth of banking stocks.
04-04-2021 08:00
On March 27 and 28, the Grand Marina, Saigon officially launched and received a positive reception from its Hong Kong investors at its exclusive project introduction organised by the Asia Bankers Club at the JW Marriott Hong Kong Hotel.
02-04-2021 13:32
The prime minister has allowed Vietcombank to provide a loan exceeding the statutory ceiling for Electricity of Vietnam to develop Quang Trach 1 Thermal Power Plant.
30-03-2021 10:45
Although the State Bank of Vietnam has set stringent limits on credit growth at commercial lenders in a bid to control risky lending activities, commercial lenders are now looking forward to a potential future easing of the credit growth limit.
29-03-2021 17:25
Vietnam's stock market rose on Monday morning, reversing last week's downward trend on gains in blue-chip stocks.