30-03-2021 10:45
Although the State Bank of Vietnam has set stringent limits on credit growth at commercial lenders in a bid to control risky lending activities, commercial lenders are now looking forward to a potential future easing of the credit growth limit.
24-02-2021 16:20
There are nine Vietnamese banks on the Brand Finance Banking 500 list, including Agribank, Vietcombank, VietinBank, VPBank, BIDV, Techcombank, Military Bank (MB), Sacombank, and ACB.
27-12-2020 11:00
As a year full of economic ups and downs is coming to an end, investors are looking for the light at the end of the tunnel, represented by the long-awaited COVID-19 vaccines across the globe. Tran Minh Hoang, head of research at Vietcombank Securities, outlines some observations and predictions for forthcoming exchange rates, interest rates, and some noteworthy investment hints for 2021.
24-12-2020 10:17
Positively supporting customers backed into a corner by COVID-19 and its great contributions to the national budget helped Vietcombank earn the Vietnam Value Award for the seventh time.
09-12-2020 17:02
Vietcombank is expected to maintain its resilience despite possible significant bad debt formation and lower profit due to the pandemic. The bank has implemented strict provisions to control the non-performing loans ratio.
02-12-2020 10:12
The forthcoming periodical portfolio rebalancing by FTSE Vietnam and MVIS is expected to remain unchanged or change only marginally. Companies are predicted to benefit from additional buying include PetroVietnam Power, Sacombank, Bao Viet Holdings, Vietcombank, and Vietjet.
06-11-2020 08:56
Payment intermediary is one among three core functions, and has always been considered as a unique and unparalleled feature of commercial banks. However, this might not be the case anymore as a number of century-old brands have collapsed due to their conservative mindset and unwillingness to change.
16-10-2020 10:00
Disruptive technologies spur the evolution in the financial landscape, with comprehensive applications providing convenient access to customers’ banking needs. However, unbeknownst to many, hackers can easily find a way around the most common two-factor authentification methods.
27-08-2020 15:38
Generali Vietnam has officially launched premium collection service via Vietcombank’s VCB Digibank, enabling customers to make safe and secure online payments anytime, anywhere, and completely free of charge.
10-08-2020 12:56
Non-performing loans are still increasing despite slow credit expansion as the COVID-19 pandemic stretches many businesses to their limits.
07-08-2020 16:48
The top 10 most valuable brands in Vietnam 2020 are worth 8.1 billion USD, increasing by 17 percent from last year and accounting for 30 percent of the list’s total value, according to Forbes Vietnam magazine.
28-07-2020 12:01
Singapore’s sovereign wealth fund GIC Pte. – one of the strategic investors of Vietcombank and VNPAY – has just reported its worst 20-year annualised results in more than 10 years, coupled with a decrease in returns caused by the COVID-19 pandemic.
19-06-2020 10:31
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) plans to increase its charter capital for the 2020-2021 period by paying dividends in shares and issuing additional shares, according to documents of the upcoming annual shareholders’ meeting scheduled for June 26.
22-04-2020 10:00
With the current global situation bringing various sectors to their knees, foreign insurers are turning the tide against the gloomy economy by ramping up their presence in Vietnam’s insurance market.
21-04-2020 13:57
The State Bank of Vietnam set the daily reference exchange rate at 23,246 VND per USD on April 21, up 8 VND from the previous day.