billionaire nguyen thi phuong thao passion in charity

Billionaire Nguyen Thi Phuong Thao passion in charity

Nguyen Thi Phuong Thao, founder and chairwoman of Sovico Holding as well as CEO of Vietjet and vice chairwoman of HDBank, has been once again named on the Forbes list of billionaires as the only female among Vietnam's five billionaires.
hdbank international chess tournament 2019 seeks winner

HDBank International Chess Tournament 2019 seeks winner

More than 300 master chess players from 27 countries and territories have registered to take part in the ninth HDBank International Chess Tournament 2019 in Ho Chi Minh City on March 7-13.
chairman of hoa phat no longer in billionaires list of forbes

Chairman of Hoa Phat no longer in Billionaires List of Forbes

Hoa Phat Group (HPG) chairman Tran Dinh Long is no longer named on Forbes' 2019 list of billionaires published on March 5, including five Vietnamese names.
after delays local banks eye listing

After delays, local banks eye listing

Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.
hdbank ends 2018 with on a high note

HDBank ends 2018 with on a high note

Ho Chi Minh City-based commercial lender HDBank registered very upbeat business results in 2018 with strong growth across the board.
hdbank ends 2018 with a bang

HDBank ends 2018 with a bang

Ho Chi Minh City-based commercial lender HDBank registered very upbeat business results in 2018 with strong growth across the board.
moodys upgrades ratings on vietnamese banks

Moody’s upgrades ratings on Vietnamese banks

Moody’s Investors Service has upgraded and affirmed the long-term local and foreign-currency issuer ratings and deposit ratings for numerous Vietnamese banks, and changed Sacombank’s outlook to stable from negative.
banks race to fund green energy projects

Banks race to fund green energy projects

Commercial banks are rushing to provide loans for green energy projects amid a wave of investment in the growing industry, dubbed a landmark for the country’s renewable energy outlook.
banks get back into ma deals after a two year lull

Banks get back into M&A deals after a two-year lull

Since early 2018, domestic banks have mulled over charter capital hike plans and sought shareholders’ approval for mergers and acquisitions in a bid to improve their competitiveness and expand their growth scale.
pg bank skips 2017 dividend

PG Bank skips 2017 dividend

PG Bank had to set aside a provision of VND383 billion ($17 million) in 2017 so its profit was not enough to pay dividends. Will the merger with HDBank improve the business activities of PG Bank?  
commercial banks discuss mas again

Commercial banks discuss M&As - again

After a quiet period, M&As have once again become a hot topic of discussion at banks’ annual shareholders’ meetings. Several big deals are expected to be completed this year.
hdbank stands tall as one of the nations most profitable banks

HDBank stands tall as one of the nation’s most profitable banks

The 2018 annual general shareholders’ meeting of Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) was concluded successfully with a shareholder turnout of 85.6 per cent. All submissions of the board of directors were passed with high approval rates.
petrolimex issues plan for pg bank hdbank merger

Petrolimex issues plan for PG Bank-HDBank merger

Vietnam National Petroleum Group (Petrolimex) has built specific plans for the HDBank-PG Bank merger to submit to the Ministry of Industry and Trade (MoIT).
hdbank to pay out dividends at 35 per cent ratio

HDBank to pay out dividends at 35 per cent ratio

Ho Chi Minh City Development Bank (HDBank, HDB on HSX) announced that it would pay 2017 dividends in cash and preferential shares at the ratio of 35 per cent. This is the highest in the Vietnamese banking sector.
hdbank initiative to raise next generation of chess masters

HDBank initiative to raise next generation of chess masters

On March 10, HDBank's first international chess tournament was held in the capital of Hanoi, following the bank's past seven tournaments hosted in Ho Chi Minh City.