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VPBank CEO outlines policy responses and growth prospects amidst economic challenges

18-07-2023 10:34

At a virtual conference on July 16 to review the Vietnamese banking sector's first-half performance and plot its course for the remainder of the year, Nguyen Duc Vinh, CEO of Vietnam Prosperity Joint-Stock Commercial Bank (VPBank), underscored the decisive role of the government and various sectors in stimulating the national economy.

Vietnam prepares for launch of corporate bond trading platform

17-07-2023 19:25

The Hanoi Stock Exchange (HNX) and Vietnam Securities Depository (VSD) are gearing up for the official launch of a dedicated platform for corporate bonds on July 19, having completed rigorous system tests and operational guidelines.

Major bourses to hail raft of fresh supplies

14-07-2023 09:56

Two major bourses are about to draw a large volume of new stocks from fresh comers, additional issuances, and those being removed from the unlisted public company market (UPCoM).

Panamanian ship rescued south-central waters

11-07-2023 15:41

Rescue vessels of the Marine Services Joint Stock Company under the Saigon Tan Cang Corporation and the Vietnam People’s Navy on July 10 took measures to help a Panamanian ship which has been stranded in the waters of the south-central province of Binh Thuan.

Everpia launch the first green building factory in Vietnam

11-07-2023 13:45

Everpia Corporation (HSX:EVE), one of the first South Korean enterprises in Vietnam and the first foreign-invested enterprise to list on the stock exchange, has seen its factory at Giang Dien Industrial Zone be awarded the EDGE Advanced green certificate with recognition by the World Bank as a green building.

SHB courts foreign stakeholders with $2.2 billion valuation

10-07-2023 14:51

Saigon-Hanoi Commercial Joint-Stock Bank (SHB) is engaged in discussions to offload up to a fifth of its equity to overseas investors, according to sources familiar with the matter. The impending deal, which values the Vietnamese lender at between $2 billion and $2.2 billion, is attracting considerable interest from a host of investors, notably those hailing from South Korea and Japan.

Norwegian fund expected to lead SeABank private share offering

06-07-2023 14:49

Southeast Asia Commercial Joint-Stock Bank (SeABank) plans to issue up to 94.6 million shares, with the Norwegian Investment Fund, Norfund, being the expected primary investor, signifying a significant bolstering of foreign investment.

SCB announces branch closures amidst restructuring

03-07-2023 18:13

Saigon Commercial Joint-Stock Bank (SCB) is closing several branches as part of its restructuring efforts. The bank has reassured customers that their rights and transactions are guaranteed, and that it is complying with directives laid out by the State Bank of Vietnam (SBV).

Market falls on strong selling pressure

30-06-2023 15:02

The correction today ended the VN-Index's recent rising streak.

MB and Mastercard introduce multi-functional Hi LOL Card

30-06-2023 11:16

On June 29, Military Commercial Joint-Stock Bank (MB) and the globally renowned payment processing corporation Mastercard reached a significant milestone in their enduring partnership with the launch of the Hi LOL Card – a multi-functional card that promises an unparalleled esports experience for League of Legends enthusiasts in Vietnam.