banking legacies and family ties shaping commercial banks in vietnam

Banking legacies and family ties shaping commercial banks in Vietnam

Explore the intriguing dynamics of Vietnam's private banks, such as Techcombank, TPBank, LPBank, OCB, SHB, ACB, and SeABank, where family members of top executives wield significant influence and play key roles in shaping the institutions' operations and strategies.
vigilance over bad debt essential

Vigilance over bad debt essential

As bad debts continue to pose a threat to the banking sector's performance, financial authorities are implementing a host of measures to keep tabs on credit quality and mitigate risk to optimise the efficiency of credit institution restructuring.
going digital the answer to withstand global fluctuations

Going digital the answer to withstand global fluctuations

As a retail bank with a strong foothold in small- and medium-sized enterprises, ACB expects to continue its growth momentum. ACB chairman Tran Hung Huy and CEO Tu Tien Phat spoke with VIR’s Le Luu about the bank’s digital transformation and its strategic plan for 2023.
vib leads industry in top 50 most effective companies in vietnam

VIB leads industry in 'Top 50 Most Effective Companies in Vietnam'

During the recent ceremony to recognise the 'Top 50 Most Effective Business Companies in Vietnam in 2022,' eight banks with outstanding business performance and sustainable growth rates were named: VIB, Vietcombank, ACB, MB, VPBank, Techcombank, TPBank and SHB.
apple to manufacture macbooks in vietnam next year

Apple to manufacture MacBooks in Vietnam next year

Apple plans to begin producing MacBooks in Vietnam for the very first time next year as a part of its manufacturing diversification strategy amid rising tensions between the United States and China.
visa adds google wallet capabilities in vietnam

Visa adds Google Wallet capabilities in Vietnam

Visa, the world’s leader in digital payments, is launching Google Wallet for cardholders in Vietnam in partnership with ACB, Sacombank, Shinhan Bank, Techcombank, TPBank, Vietcombank, and VPBank. With the launch, Android and Wear OS users will be able to enjoy secure and convenient digital payments with a single tap of their smart device.
acb one pro provides optimal financial solution for medium and large enterprises

ACB ONE PRO provides optimal financial solution for medium and large enterprises

ACB has debuted the ACB ONE PRO digital banking version aimed at serving medium and large firms with various optimal functions based on studies into clients’ specific demands.
apple leading charge in new manufacturing

Apple leading charge in new manufacturing

Vietnam is on the radar of more manufacturing and processing investors who are seeing the advantages of Vietnam’s current economic status.
vietnam to make apple watch macbook for first time

Vietnam to make Apple Watch, MacBook for first time

Apple is in talks to make Apple Watches and MacBooks in Viet Nam for the first time as the US tech giant looks to diversify production away from China, Nikkei Asia reported.
which banks are in the top publicly listed companies in vietnam in 2022

Which banks are in the top publicly listed companies in Vietnam in 2022?

Seven commercial joint stock banks, namely Vietcombank, VietinBank, BIDV, VIB, ACB, MB, and TPBank, are among the top 50 listed companies in Vietnam.
foxconn plans to pour additional 300 million into a new factory in vietnam

Foxconn plans to pour additional $300 million into a new factory in Vietnam

Taiwan-based Hon Hai Precision Industry, better known as Foxconn, plans to lease 50.5 hectares of land in Quang Chau Industrial Park in the northern province of Bac Giang to develop a new project with an investment of $300 million.
vietnam report announces top 10 prestigious banks

Vietnam Report announces Top 10 prestigious banks

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022.
banks setting upbeat profit targets

Banks setting upbeat profit targets

Banks are penning out upbeat profit targets for 2022, leveraging sound credit demands buoyed by the economic rebound both at home and globally.
apple delays plans to diversify supply chain from china to vietnam

Apple delays plans to diversify supply chain from China to Vietnam

Apple has put on hold its plans to relocate part of its production including iPad and MacBooks from China to Vietnam due to the COVID-19 pandemic.
visa makes it a breeze to receive funds from abroad with visa direct

Visa makes it a breeze to receive funds from abroad with Visa Direct

Visa, the world’s leader in digital payments, has partnered with Vietnamese banks to make it easier for Visa debit card holders to receive inbound remittances using MoneyGram and Remitly. Powered by Visa Direct, cardholders will receive the funds directly to their accounts in near real-time.