13-12-2018 18:49
For the first time, a Vietnamese sugar company engages in a strategic capital-raising deal of international significance, which not only contributes to the company’s sustainable development, but also to that of the Vietnamese sugar industry.
31-10-2018 10:59
Small banks are mulling over capital hikes and listing plans amid favourable market conditions and rosy business performance.
30-10-2018 12:02
With the rapid development of the Fourth Industrial Revolution in recent years, the banking and finance industry has rapidly adopted advanced technologies. ChatBot is one specific application that has been launched by many banks and financial institutions around the world as well as in Vietnam to provide prompt support to customers.
01-09-2018 09:15
Banks are confident in reaching their full-year profit targets albeit the central bank is unlikely to loosen banks’ credit growth limit in the second half.
22-08-2018 17:42
The current challenges brought about by changes in the business environment and increasing requirements of risk management regulations have promoted banks, including Eximbank, to synchronise particular products.
11-07-2018 11:59
US-based Bank of New York Mellon on July 9 granted Eximbank the Straight Through Processing Award (STP Award).
10-07-2018 18:52
Many banks are set to hike charter capital to boost their financial strength through stock issuances to pay dividend for the shareholders.
23-03-2018 10:37
Despite significant efforts to resolve bad debts over the course of 2017, commercial banks will likely carry a total VND60 trillion ($2.64 billion) of bad debts into 2018.
17-03-2018 20:30
Throughout the annual general shareholders’ meeting (AGM) season, bad debt resolution and hefty risk provisions were the most worrisome issues emerging in the banking sector in since the beginning of 2017.
08-02-2018 16:40
Over the past several years, the Vietnamese consumer finance market showed undeniable charm to foreign investors with the forecasted market value of nearly $1 quadrillion by the end of 2018.
20-12-2017 15:14
Recently, State Bank of Vietnam (SBV) has approved of Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) raising its charter capital for the second time by around $43 million, from VND8.8 trillion ($388.7 million) to VND9.8 trillion ($431.9 million), joining the top 10 Vietnam-based banks having the largest charter capital.
04-10-2017 12:05
Mekong Capital has been awarded the 2017 Private Equity International Award for Operational Excellence for a small cap investment in Asia, based on the performance of Mobile World.
27-07-2017 14:52
Mekong Capital, a Vietnam-focused private equity firm specialising in consumer-driven businesses, announced that its Vietnam Azalea Fund (VAF) had sold 75 per cent of its stakes in Loc Troi Group Joint Stock Company (Loc Troi), a plant protection, seedling supply, and food processing firm.
04-04-2017 14:59
In recent days, potential candidates have been lining up to participate in restructuring Sacombank, one of the largest joint stock commercial banks in Vietnam, drawing avid attention from the public. The appearance of numerous “heavyweights” have called even more attention, highlighting names like New York-based Evercore Group Investment Bank, M&A consulting firm Redsun Capital Limited, and Dang Van Thanh, president of Thanh Thanh Cong Group. This is the first time Thanh returns to the field after a long absence from the financial-banking market since his 2012 incident with Sacombank.
30-03-2017 14:06
Many banks have announced new bad debts handling roadmaps in order to create a breakthrough in resolving bad debts.