careful action required to curb inflation threat

Careful action required to curb inflation threat

Monetary experts are still mulling over whether Vietnam should soften or tighten policies to best suit current development circumstances.
vib offers new look credit cards

VIB offers new-look credit cards

Vietnam International Bank (VIB) has just announced a refreshed look for its Mastercard credit cards, with new features to optimise the benefits and meet the spending needs of cardholders.
vib shareholders approve 35 per cent dividend payment

VIB shareholders approve 35 per cent dividend payment

Vietnam International Bank (VIB) held its 2023 AGM in Ho Chi Minh City today. The bank’s shareholders approved a plan to pay dividends at 35 per cent, including cash dividends and bonus shares. They also agreed on a pre-tax profit target of VND12.2 trillion ($517.5 million) for 2023.
pepperlfuchs establishes sustainable factory in vietnam

Pepperl+Fuchs establishes sustainable factory in Vietnam

Pepperl+Fuchs announced the inauguration of a new sustainable manufacturing facility in Vietnam, which has been financed with a $15 million green loan from Deutsche Bank.
tech advancement to boost bank prospects

Tech advancement to boost bank prospects

Only banks with a knack for technology may be willing to shift towards sustainable development in an efficient manner, industry leaders say.
plenty of room for digital transformation in banking

Plenty of room for digital transformation in banking

Digital transformation is a process, not a destination. Nguyen Chien Thang, director of the BIDV Digital Banking Development Centre, spoke with VIR’s Hong Dung about the potential rewards.
5 billion credit package authorised for the real estate sector

$5 billion credit package authorised for the real estate sector

A new government resolution has tasked the State Bank of Vietnam (SBV) with overseeing the execution of a $5 billion lending scheme and coordinating with commercial banks to ease the burdens in the property sector and promote development.
vib to announce dividend payment plans at its upcoming agm

VIB to announce dividend payment plans at its upcoming AGM

After six years of implementing strong and extensive strategic transformation, Vietnam International Bank (VIB) has marked important milestones in its journey to becoming the leading retail bank in Vietnam.
credit growth slowing down raising fear of business contraction

Credit growth slowing down, raising fear of business contraction

Credit growth in the first months of this year slowed significantly due to high interest rates and firms’ poor health, raising concerns about rising bad debts.
bac a bank launches new pro business initiative

BAC A BANK launches new pro-business initiative

BAC A BANK has implemented a credit incentive programme to assist businesses applying for short-term loans. This is in response to calls from the State Bank of Vietnam (SBV) to create more favourable conditions that will optimise investment and development opportunities.
masan secures 650 million syndicated loan

Masan secures $650 million syndicated loan

On March 10, Masan Group Corporation announced the completion of the roadshow for a $650 million syndicated loan, underwritten by BNP Paribas, Credit Suisse, HSBC, Standard Chartered Bank, and United Overseas Bank.
just the beginning for real estate sector restructuring

Just the beginning for real estate sector restructuring

More than $52 billion is due to banks and bondholders from real estate groups in the Vietnamese market. VIR’s Bich Ngoc spoke with Xavier Jean, senior director of Corporate Ratings at S&P Global Ratings, on the possible path the government and enterprises can take.
stable lenders to lead to interest in stocks

Stable lenders to lead to interest in stocks

Identifying the risk factors of the banking system can open up prospects to invest in banking stocks this year, industry experts are saying, while banks themselves are urged to take provisioning activities into consideration.
study reveals vietnams banks need more women in leadership roles

Study reveals Vietnam’s banks need more women in leadership roles

While women make up 60 per cent of the entry-level workforce in Vietnam’s banks, less than a third make it to senior management positions, according to a new study by the International Finance Corporation (IFC) in partnership with the State Bank of Vietnam (SBV).
bac a bank offers special gifts to female customers

BAC A BANK offers special gifts to female customers

To honour its close customers, and especially women on the occasion of Women's Day, BAC A BANK is implementing a special programme offering gifts to female customers nationwide.