04-05-2023 07:00
BAC A BANK last week successfully held its AGM for 2023 in the central province of Nghe An, with a series of issues discussed and resolved.
03-05-2023 20:00
The real estate market has some signs of recovery with capital injected into the market, helping to create confidence and influence consumer behaviour.
02-05-2023 22:07
Prime Minister Pham Minh Chinh has tasked the State Bank of Vietnam (SBV) with studying a bailout worth VND10 trillion (almost $435 million) to support the forestry and aquatic sectors.
01-05-2023 15:48
BIDV has reported a 58 per cent on-year increase in pre-tax profit to over ($288.7 million) for the first quarter of 2023, according to the AGM on April 28.
01-05-2023 15:42
With two outstanding digital products, Military Commercial Joint Stock Bank has been honoured at the Sao Khue Awards 2023. This is the fifth consecutive year that MB has received this prestigious award.
30-04-2023 09:44
Viet Capital Bank (BAN VIET Bank) held its annual general shareholders' meeting on April 26, where the agenda was discussed. The meeting was a success, reflecting the bank's ability to adapt to market changes while maintaining operational safety and efficiency.
30-04-2023 09:34
The Board of Directors of Parkson Retail Asia Ltd., together with its subsidiaries, announced on April 28 that Parkson Vietnam Co., an indirect wholly owned subsidiary of the company, filed an application to the People’s Court of Ho Chi Minh City for the commencement of voluntary bankruptcy proceedings.
28-04-2023 16:25
HDBank has successfully organised its 2023 annual general shareholders' meeting with a high approval rating from shareholders. The bank has approved a number of targets, plans and proposals, including a target of VND13.2 trillion ($562.67 million) in profit for 2023, a growth of 29 per cent on-year.
27-04-2023 16:58
The private banking services of BIDV, with support from Switzerland-based private banking institution Edmond de Rothschild, are expected to provide tailored financial solutions and investment advice to high-net-worth clients in Vietnam.
26-04-2023 20:41
At HDBank's annual general shareholders' meeting, the lender affirmed its steadfast commitment to actively engage in the Credit Institutions Restructuring Programme, while expanding its investment portfolio. Meanwhile, the question of whether the bank's foreign ownership cap of 49 per cent will be lifted remains unclear.
26-04-2023 13:47
VIB announced positive results for Q1, with a return on equity of 30 per cent and a strong balance sheet.
26-04-2023 12:06
All eyes have been on Military Commercial Joint-Stock Bank (MB) as it continued to make waves in the Vietnamese banking landscape, solidifying its position as a major player in the industry with its upbeat performance. Nonetheless, certain concerns have been raised regarding the bank’s real estate loan portfolios, a merger and acquisition (M&A) deal with a weak Vietnamese bank, and its restructuring process with MCredit.
26-04-2023 12:02
Bolstered by a well-defined roadmap that includes a cap of 30 per cent on foreign ownership level (FOL) and an ongoing debt restructuring programme, Sacombank is poised for remarkable growth and the distribution of dividends to its shareholders in the years to come.
26-04-2023 09:31
FPT Information System Corporation (FPT IS) and Salesforce have been providing strategic solutions for the finance and banking industry in Vietnam, helping to shape the digital experience for customers.
25-04-2023 15:29
Muong Lay town in Dien Bien province boasts a very special position compared to other localities around Vietnam, as it is located on the banks of the Son La Hydropower Reservoir at the confluence of the Da River, the Nam Na River, and Nam Lay Stream. Muong Lay has long been dubbed a “jewel” atop the northwest skies thanks to its scenery that makes visitors fall in love.