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MB Economic Insights 10th: A decade of accompanying import-export businesses
05-11-2024 14:37
The 10th annual 'MB Economic Insights' conference took place on October 25, in Ho Chi Minh City amid significant global economic and political upheavals.
Monetary policy flexible and stable
03-11-2024 14:47
Vietnam’s central bank remains steadfast in implementing a proactive yet cautious monetary policy, exercising flexibility in the use of monetary tools amid recent sharp exchange rate fluctuations.
SeABank builds on strong risk management formula
03-11-2024 14:38
As of the end of Q3, SeABank recorded a 43 per cent on-year profit soar, along with several positive business indicators, driven by the bank’s solid and effective risk management practices.
LONGi maintains AAA ranking in Q3 2024 PV ModuleTech Bankability Ratings
01-11-2024 14:48
LONGi has announced the retention of its AAA rating in PV-Tech's Q3 2024 PV ModuleTech bankability ratings, marking the company's 19th consecutive quarter at this top tier and underscoring its long-term commitment to quality, innovation, financial stability and leadership in the photovoltaic industry.
MB’s nine-month credit growth outpaces industry average by 80 per cent
31-10-2024 18:29
Military Commercial Joint Stock Bank (MB) has released its Q3/2024 financial results, highlighting a range of positive business indicators.
With the rising cost of living pressures, Aussies embrace e-com for wedding planning through retails like SHEIN
31-10-2024 06:20
As wedding preparation surges in Australia, customers are exploring trending wedding items through online marketplaces such as SHEIN, indicating that while your wedding day may be one of the most important days of your life, it doesn't necessarily need to break the bank.
IFC considers $200m loan for LG Innotek Vietnam
30-10-2024 17:04
The International Finance Corporation (IFC), a member of the World Bank Group, is considering a loan of up to $200 million to LG Innotek Vietnam Haiphong Co., Ltd.
HDBank profits reach $501.7 million in first nine months of 2024
30-10-2024 11:27
HDBank announced its 9-month business results on October 29, with pre-tax profit reaching VND12.7 trillion ($501.7 million), up 46.6 per cent on-year.
Commonwealth Bank of Australia divests 10 per cent stake in VIB
30-10-2024 10:50
Commonwealth Bank of Australia (CBA) announced on October 29 that it has sold approximately 10 per cent of the shares on issue in VIB via the Ho Chi Minh Stock Exchange.
Policy credit a boon to Yen Bai residents in the wake of Typhoon Yagi
30-10-2024 09:00
Yen Bai province suffered some of the most significant damage from Typhoon Yagi in September, with heavy rainfall and floods. In response, Vietnam Bank for Social Policies (VBSP) has stepped up the pace of policy credit allocation to affected areas in the locality.
OPEC Fund enhances global partnerships with substantial financing commitments at the 2024 World Bank meetings
29-10-2024 00:45
The OPEC Fund for International Development (the OPEC Fund) concluded its participation in the 2024 World Bank-IMF Annual Meetings with robust new financing commitments, signing loan agreements totaling nearly half a billion dollars with partner countries.
Tookitaki's Anti-financial Crime Ecosystem helps Banks and Fintech Fight Financial Crime
28-10-2024 08:00
An estimated $2 trillion is laundered globally each year, and new financial crime scenarios are emerging every day. Banks and fintechs, with their current approach of operating in silos, are struggling to keep up.
EVN Finance signs $30 million loan package with Dutch bank FMO
24-10-2024 18:07
EVN Finance JSC (EVN Finance), and the Dutch Entrepreneurial Development Bank (FMO) successfully signed a loan contract worth $30 million on October 21.
Year-end credit growth driven by industrial sector
24-10-2024 14:34
The stock, banking, and investment markets are awaiting the release of third-quarter financial reports, with corporate lending banks expected to show strong growth in Q4, while consumer lending banks may continue to face hurdles.
Major bancassurance deals may be at peak
24-10-2024 14:28
The recent termination of some major bancassurance partnerships in Vietnam reflects a challenging market environment, but opportunities remain for a more transparent and sustainable revival in the sector.
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