masan records revenue doubling amid crisis

Masan records revenue doubling amid crisis

Despite the impact of the global health crisis, Masan Group’s 2020 revenues more than doubled over the previous year.
techcombank delivers strong 2020 financial results

Techcombank delivers strong 2020 financial results

Techcombank ended 2020 with rosy performance across the board, with pre-tax profit jumping 21.5 per cent against the full-year target and total operating income soaring 28.4 per cent despite the impacts of COVID-19.
whats next for vingroup what is one mount group

What's next for Vingroup? What is One Mount Group?

Vingroup has embarked on its digital transformation journey with a strong focus on VinFast, as well as smart home and smart city solutions, among others. Meanwhile, affiliate One Mount Group is expected to build a leading synchronous technological ecosystem in Vietnam.
techcombank bags best syndicated loan in vietnam by triple a country awards 2020

Techcombank bags Best Syndicated Loan in Vietnam by Triple A Country Awards 2020

The $500 million syndicated term loan of Techcombank was awarded the Best Syndicated Loan award in Vietnam in 2020 by The Asset. This is the second-largest syndicated loan in Southeast Asia in 2020 and the largest- ever syndicated loan to banks in the Vietnamese market.
a closer look at one mount group and the vision to build vietnams largest digital ecosystem

A closer look at One Mount Group and the vision to build Vietnam's largest digital ecosystem

As a strategic partner of Techcombank, One Mount Group has just revealed its grand strategy of creating Vietnam's most comprehensive technological ecosystem. By integrating a technology platform with financial solutions, One Mount Group is expected to connect people and businesses on a wider level, providing consumers with best-in-class experiences and prices while enabling businesses to grow more efficiently.
banks put pedal to the metal in digital transformation

Banks put pedal to the metal in digital transformation

The banking industry has been recently abuzz with digital transformation as lenders embark on their journey to become more tech-enabled to keep pace with disruptive technologies. Notwithstanding, many are still unsure about what digital transformation entails, and whether customers would welcome innovations.
investing in innovation to aid growth potential

Investing in innovation to aid growth potential

Vietnamese commercial lender Techcombank has been positioning itself at the forefront of innovation in the country’s financial sector. While acknowledging that the bank has established a strong track record as a financial services innovator in Vietnam, new CEO Jens Lottner explains to VIR’s Tuan Khanh how there is still much to do for it to better understand customers.
vietnamese banks take cautious approach to foreign ownership limit

Vietnamese banks take cautious approach to foreign ownership limit

The current pandemic has not only put mounting pressure on the quality of Vietnamese banks’ assets and profitability but also hampered some lenders’ cross-border mergers, forcing them to take different approaches to their foreign ownership limit.
vingroup issues e commerce app for groceries

Vingroup issues e-commerce app for groceries

Vingroup issued the VinShop e-commerce app on Google Play Store and AppStore to help owners of groceries to place wholesale order with suppliers and producers.
banks bet on consumer credit growth

Banks bet on consumer credit growth

Credit institutions are being encouraged to implement consumer credit packages and preferential rates as an effective way to stimulate spending sprees and help the domestic economy tide over the storm.
techcombank appoints finance veteran as new ceo

Techcombank appoints finance veteran as new CEO

Hanoi-based commercial lender Techcombank has announced the appointment of Jens Lottner as its new CEO, effective from August 18 2020.
techcombank ironman 703 vietnam rescheduled for 2021

TECHCOMBANK IRONMAN 70.3 Vietnam rescheduled for 2021

The TECHCOMBANK IRONMAN 70.3 Vietnam 2020 has been rescheduled for May 2021 in the central city of Da Nang after being postponed twice due to the COVID-19 pandemic.
techcombank to issue 47mn shares to employees

Techcombank to issue 4.7mn shares to employees

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) plans to issue 4.7 million shares to current employees under its employee stock ownership plan (ESOP), at a price of 10,000 VND (0.43 USD) per share.
techcombank raises 500 million in inaugural syndicated offshore loan facility

Techcombank raises $500 million in inaugural syndicated offshore loan facility

Vietnam Technological and Commercial Joint Stock Bank, one of the largest joint-stock banks in Vietnam and a leading bank in Asia, has just fully drawn down its inaugural $500 million syndicated loan facility from international lenders.  
banks sell mortgaged assets to resolve bad debts

Banks sell mortgaged assets to resolve bad debts

Many banks in Ho Chi Minh City are selling their mortgaged assets, mainly properties worth trillions of Vietnamese dong, to speed up the resolution of bad debts.