mufg pilots sustainable deposit scheme in vietnam

MUFG pilots sustainable deposit scheme in Vietnam

MUFG has piloted sustainable deposits in Vietnam with placements by Taikisha Vietnam Engineering, Acecook Vietnam, and Arcelik Hitachi Home Appliances Sales Vietnam.
vpbanks strategy to revitalise zero dong bank

VPBank's strategy to revitalise 'zero-dong bank'

At its recent AGM on April 29, questions were posed about VPBank's engagement in the restructuring of financially distressed banks, often referred to as 'zero-dong bank'.
vpbank highlights smbc deal at agm

VPBank highlights SMBC deal at AGM

Nguyen Duc Vinh, CEO of VPBank, spoke of the significant strides made last year at the bank's AGM on April 29, despite the challenges. A highlight of the year was VPBank selling a stake to Sumitomo Mitsui Banking Corporation (SMBC), infusing nearly $1.5 billion into the bank and positioning VPBank for growth as the economy recovers.
forecasts upbeat for banks 2024 profits

Forecasts upbeat for banks’ 2024 profits

Vietnam’s banking sector is projecting a period of robust growth and profitability, underpinned by strong first-quarter performances and optimistic forecasts for economic recovery and credit expansion.
hcm citys police bust major money laundering ring

HCM City"s police bust major money laundering ring

The Ho Chi Minh City Department of Public Security’s Investigation Police Agency on April 27 busted a large-scale money laundering and illegal cross-border currency transfer ring.
truong my lan appeals against death sentence in bank fraud case

Truong My Lan appeals against death sentence in bank fraud case

Truong My Lan, Chairwoman of property developer Van Thinh Phat Group, on April 26 filed an appeal against the entire first-instance verdict in the case that occurred at Van Thinh Phat Group JSC, Saigon Commercial Bank (SCB) and relevant companies, units and organisations.
sluggish growth and risks abound in banking arena

Sluggish growth and risks abound in banking arena

A handful of banks have released their latest financial figures. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked to VIR’s Hong Dung about the low profits for some, and potential risks in the industry.
banks adjust timelines for raising capital

Banks adjust timelines for raising capital

Several Vietnamese banks are strategically positioning themselves to raise capital and court potential investors to expand their market reach.
vbsp provides platform for young entrepreneurs

VBSP provides platform for young entrepreneurs

After careful research of plant varieties and market demand, Pham Van Son, from Xuan Binh village in Bac Ninh district, began planting baby cucumbers and melons after securing a loan of VND900 million ($35,500) with preferential interest rates from the Vietnam Bank for Social Policies (VBSP) branch inthe northern province of Bac Ninh.
policy credit improves the quality of life on ly son

Policy credit improves the quality of life on Ly Son

Thanks to Vietnam Bank for Social Policies' (VBSP) lending schemes for disadvantaged areas, many households on the island of Ly Son in Quang Ngai province have capital to invest in activities such as seafood farming, animal husbandry, farming, shops, and homestay services. As a result, the lives of many on the island have drastically changed for the better.
sacombank chairman clears the air on van thinh phat allegations

Sacombank chairman clears the air on Van Thinh Phat allegations

Sacombank's chairman Duong Cong Minh has firmly distanced himself and the bank from any involvement withTruong My Lan and the recent issues surrounding Van Thinh Phat.
bac a bank sets out ambitious business targets

BAC A BANK sets out ambitious business targets

After strong performance last year, BAC A BANK has mapped out new business targets for the 2024-2029 period, with improvements across the board.
mibrand holds brand workshop for banks

Mibrand holds brand workshop for banks

The list of Top 30 banking brands in 2023 saw little change, with Techcombank, MBBank, and TPBank continuing to maintain their leading positions in brand health, while Sacombank brought a significant surprise.
nab innovation centre vietnam expands with new office in ho chi minh city

NAB Innovation Centre Vietnam expands with new office in Ho Chi Minh City

National Australia Bank (NAB) opened a new office in the heart of Ho Chi Minh City on April 25 to support the growth of its investment in Vietnam and help to continue delivering great digital experiences for its customers.
citi vietnam recognised as best corporate bank and best sustainable bank for 2024 by financeasia

Citi Vietnam recognised as Best Corporate Bank and Best Sustainable Bank for 2024 by FinanceAsia

Citi Vietnam has been named Best Corporate Bank and Best Sustainable Bank at the FinanceAsia Awards.