small banks struggle to reach profit targets

Small banks struggle to reach profit targets

While large- and medium-sized banks are delighted to announce trillions of Vietnamese dong in profit in the first half of this year, small banks are still far from their targets, especially those in the process of restructuring.
banks hike charter capital to improve financial strength

Banks hike charter capital to improve financial strength

Many banks are set to hike charter capital to boost their financial strength through stock issuances to pay dividend for the shareholders.
vietnam stocks progress slightly on banks energy firms

Vietnam stocks progress slightly on banks, energy firms

Vietnamese shares made slight gains on Tuesday morning on financial-banking stocks but liquidity remained modest and signalled a tough trading session in the second half of the day.
banks to hike service fees this month

Banks to hike service fees this month

After two months postponing the increase in service fees for ATM cash withdrawals as required by the central bank, some commercial banks have now resumed the plan, announcing that a new service fee framework will apply from the middle of this month.
exchange rate cools down in some banks

Exchange rate cools down in some banks

The US$/VND exchange rate on Tuesday cooled down in some large commercial banks after the State Bank of Viet Nam (SBV) said it will intervene to stabilise the market if necessary, contributing to keeping the macro-economy steady.
banks report rosy first half profit picture

Banks report rosy first-half profit picture

Banks expect a buoyant profit picture in the first six months of this year in the wake of positive credit growth and rising incomes from the services segment.
shares start week with declines banks hard hit

Shares start week with declines; banks hard-hit

Vietnamese shares slipped on Monday as the two main stock indices fell, but the downtrend slowed during the closing minutes thanks to the recovery of blue-chips.
banks expect higher credit limit amid a concerns

Banks expect higher credit limit amid quota concerns

Many commercial banks said they expect higher credit limits as they have already used up most, if not all, of their assigned quota for the whole year.
banks optimistic about growth rate this year

Banks optimistic about growth rate this year

The banking sector is optimistic about its growth prospect in 2018 as all of surveyed banks expects the growth rate to be more than 10 per cent.
transparency helps vietnam banks draw foreign investors

Transparency helps Vietnam banks draw foreign investors

Healthy domestic banks should focus on improving the transparency in their audited financial statements to attract foreign investors as some banks have recently succeeded with the strategy, experts suggested.
vn stocks gain on banks energy firms

VN stocks gain on banks, energy firms

Vietnamese shares advanced on Monday morning, led by large-cap stocks in the banking and energy sectors.
banksy needles france on migrants with paris mural blitz

Banksy needles France on migrants with Paris mural blitz

The mysterious British street artist Banksy appears to have taken aim at the French government's crackdown on migrants in a series of new murals in Paris.
banks hope to lure foreign investors

Banks hope to lure foreign investors

Despite the current increasing foreign investment inflows, merged and acquired banks will consider selling stakes to foreign investors after completing the restructuring to up the attractiveness of sales, bank officials said.
sbv tightens corporate bond purchase by banks

SBV tightens corporate bond purchase by banks

State Bank of Viet Nam has tightened regulations on corporate bond purchase by credit institutions and foreign banks’ branches.
tighter rules for banks

Tighter rules for banks

The State Bank of Viet Nam (SBV) has decided to push ahead with restructuring the banking system, applying stricter measures to effectively prevent cross-ownership at commercial banks.