09-05-2024 14:27
Airports Corporation of Vietnam (ACV) has secured a $1.8 billion loan from three state-owned banks over a 20-year term to finance the construction of Long Thanh International Airport.
08-05-2024 10:23
The State Bank of Vietnam (SBV) on May 7 announced a morning auction for a total of 16,800 taels of gold in Hanoi on May 8.
06-05-2024 09:22
Gold prices reached a historic peak last week after consecutive auction sessions held by the State Bank of Vietnam (SBV) were met with lukewarm enthusiasm.
05-05-2024 14:18
Only slight order number improvements and enterprise confidence sentiment mean it may be difficult for the country to hit its desired growth goals this year.
03-05-2024 19:19
The VND/USD exchange rate has increased by 4.9 per cent since the beginning of the year, compared to an increase of 2.6 per cent for the whole of 2023. This exchange rate pressure is expected to lead to an increase in interest rates, according to the State Bank of Vietnam (SBV).
03-05-2024 18:14
World-class banking veteran Eugene Keith Galbraith hopes to add value by drawing on his vast experience in Indonesia to help Techcombank achieve its vision of becoming a top bank in the region and the partner of choice for customers.
03-05-2024 11:00
The Asian Development Bank (ADB) disclosed on May 2 that developing nations in the Asia-Pacific region, including Vietnam, are inadequately prepared to secure the welfare of their swiftly ageing populations.
02-05-2024 10:26
MUFG has piloted sustainable deposits in Vietnam with placements by Taikisha Vietnam Engineering, Acecook Vietnam, and Arcelik Hitachi Home Appliances Sales Vietnam.
01-05-2024 15:52
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'.
01-05-2024 15:50
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.
30-04-2024 18:00
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.
30-04-2024 16:53
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.
30-04-2024 16:46
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.
30-04-2024 16:08
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.
30-04-2024 11:31
Several Vietnamese banks are strategically positioning themselves to raise capital and court potential investors to expand their market reach.