05-01-2024 16:48
Ho Chi Minh City-based lender Sacombank became the first bank to make its 2023 business results public last December, with an estimated pre-tax profit of $400.8 million, a 50 per cent jump on-year. Its total deposit volume surpassed $24.2 billion and its outstanding balance touched $20.5 billion.
05-01-2024 14:47
Kasikornbank (KBank), Thailand’s second-largest lender by total assets, is focusing on expanding its international banking business this year in Vietnam and Indonesia, given the two ASEAN economies’ high growth potential.
05-01-2024 08:00
On December 29, the 6th National Book Awards, organised by the Ministry of Information and Communications in coordination with the Central Propaganda Department, the Publishers Association of Vietnam, and Vietnam Television, with the accompanying of Vietnam International Bank (VIB), celebrated 41 outstanding works across various fields.
03-01-2024 16:25
The State does not encourage the trading of gold bars, protect their prices, nor accept too large differences between domestic and global gold prices, and between SJC and other types of gold bars, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
03-01-2024 10:37
Vietnam’s financial sector is increasingly embracing sustainability practices, although challenges like the need for a comprehensive legal framework, skilled personnel, and enhanced data management remain areas for improvement.
03-01-2024 09:37
The Vietnamese economy is set in 2024 to grow at a higher rate than in 2023. Andrea Coppola, lead economist for the World Bank in Vietnam, spoke with VIR’s Nguyen Dat about the country’s economic performance last year and prospects for the future.
03-01-2024 09:30
Vietnam’s economy grew at a lower-than-expected rate in 2023. Shantanu Chakraborty, Vietnam country director for the Asian Development Bank, talked with VIR’s Thanh Tung about how the economy has performed and key impetuses for the next 12 months.
02-01-2024 12:20
After more than two years HSBC transferred on Monday for an undisclosed amount its retail banking network in France to My Money Group, controlled by US private equity fund Cerberus.
29-12-2023 16:12
As many as 29,000 farmer households in the Mekong Delta province of Song Trang benefited from the Vietnam Sustainable Agriculture Transformation (VnSAT) project funded by the World Bank, heard a conference to review the project in the locality on December 28.
28-12-2023 17:13
Banks are buying back corporate bonds massively amid slow credit growth and a positive deposit landscape.
28-12-2023 14:22
Vietnam has successfully executed a landmark transaction, selling 10.3 million tonnes of CO2 emission credits to the World Bank for nearly VND1.25 trillion VND ($52.74 million), as confirmed by the Ministry of Agriculture and Rural Development to the prime minister on December 28.
27-12-2023 09:31
Several Vietnamese banks, amidst efforts to enhance market presence, are still far off from going public or transitioning their listings to major exchanges.
26-12-2023 17:34
Employers across the board are sparing no effort on the path to becoming more sought after by the workforce.
26-12-2023 14:45
The banking industry is prioritising environmental, social, and governance (ESG) compliance, focusing on reducing infrastructure carbon footprint and innovating with ESG-aligned products. Hong Yea Chee, senior executive vice president for Customer Engagement at digital banking solutions provider Silverlake Axis, discussed with VIR’s Trung Duong the sector’s evolution towards integrated services and embedded finance.
26-12-2023 13:00
Vietnam’s banking sector, amid urgent restructuring led by key players and government efforts, is confronting unique challenges due to limited restructuring experience and the complexity of securing investors.