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VIB boosts credit card ecosystem
05-08-2024 21:01
Vietnam International Bank (VIB) continues to consolidate its growth and increase its spending market share via tech, promotions, and improving the user experience.
The aspects behind finance and banking in Vietnam today
03-08-2024 08:00
Pramoth Rajendran, head of Wealth and Personal Banking at HSBC Vietnam, scrutinises credit situation, the factors behind and solutions in Vietnam’s current finance-banking scene, weighing on Vietnam’s growth prospects in 2024 and HSBC’s recent efforts to best serve its customers.
Backbase launches AI Centre of Excellence in Ho Chi Minh City
02-08-2024 16:12
On July 31, digital banking software provider Backbase announced the establishment of its first global Centre of Excellence (COE) focused on AI in Ho Chi Minh City.
Reference exchange rate down 3 VND on August 2
02-08-2024 10:15
The State Bank of Vietnam set the daily reference exchange rate at 24,242 VND/USD on August 2, down 3 VND from the previous day.
Vietnam must be prepared for further global impediments
01-08-2024 12:14
The Vietnamese economy is experiencing a positive recovery trend so far this year. Nguyen Ba Hung, principal country economist from the Asian Development Bank (ADB) in Vietnam, talked with VIR’s Thanh Thu about its expectations on the economic outlook until the year’s end.
HDBank's H1 2024 profit reaches $323 billion
31-07-2024 16:23
HDBank has announced its financial statement for the second quarter of 2024, with a pre-tax profit of over $322.8 million for the first half of the year, up 48.9 per cent on-year.
VIB posts profits of $182 million in 2024 so far
31-07-2024 16:22
Vietnam International Bank (VIB) announced its business results for the first half of 2024, with total operating income surpassing $409 million, a slight rise compared to the same period last year.
VPBank optimises business opportunities in Q2 to develop sustainably
31-07-2024 09:47
Hanoi-based commercial lender VPBank has secured stable growth across strategic segments this year, leveraging well-controlled borrowing costs.
Hanoi's credit growth surges in first seven months
30-07-2024 16:45
Promising credit growth in Hanoi over the first seven months is expected to continue in the second half of the year as access to loans for individuals and businesses improving.
Financial management training should start in schools
30-07-2024 16:26
Teaching young people about wealth management while they are still in school would lead to a more financially sound future in Vietnam.
Choice grows for Vietnam’s investors
29-07-2024 20:00
Investors are looking for opportunities in both traditional and more modern areas. Trinh Ha, a financial market analyst from Exness Investment Bank, talked to VIR’s Thy Nguyet about some of the options available.
Securities firms deliver mixed outcomes
26-07-2024 20:08
Securities firms witnessed mixed performance in the year to date, with some even counting losses.
Vietnam accelerating towards a cashless society
26-07-2024 17:22
For the first time, the Vietnamese legal framework formally defines electronic money. Under Decree No.52/2024/ND-CP, electronic money is “the value of Vietnamese currency co-stored on electronic means provided on a reciprocal basis with the amount prepaid by customers to banks, foreign bank branches, and intermediary payment service providers providing e-wallet services.” This definition establishes electronic money as a digital form of Vietnam’s legal currency.
The driving forces for gold price surge
25-07-2024 17:02
Gold is still a promising investment channel that brings positive profits. Trinh Ha, a financial market analyst from Exness Investment Bank, explores the potential long-term gains for gold.
Gelex and Bamboo Capital hold significant stakes in Eximbank
24-07-2024 19:26
Gelex Group and Bamboo Capital Group have been revealed to hold the largest stakes in Eximbank, following the release of a list of the bank's major shareholders on July 24.
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