08-10-2020 17:08
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.
28-09-2020 16:21
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.
24-09-2020 16:11
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.
21-09-2020 18:54
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.
10-09-2020 08:00
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.
19-08-2020 14:55
Hanoi-based commercial lender Techcombank has announced the appointment of Jens Lottner as its new CEO, effective from August 18 2020.
08-08-2020 10:58
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.
19-06-2020 10:28
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.
16-05-2020 10:04
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.
12-04-2020 19:23
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.
19-03-2020 15:51
The State Bank of Vietnam set the daily reference exchange rate at 23,242 VND per USD on March 19, up 10 VND from the previous day.
10-01-2020 14:35
Shares extended gains on the two national stock exchanges on Friday morning, driven by positive performance of banks.
03-01-2020 09:49
Two of the five richest people in Vietnam had a poor start to the new year as they saw their net asset worth decrease.
26-10-2019 09:10
Techcombank released its financial results for the first nine months of 2019, posting record pre-tax profit of VND8.9 trillion ($386.96 million), completing 75 per cent of the annual target and recording the 16th consecutive quarter of on-year revenue growth.
11-10-2019 12:13
The Asian Banker continues to honour the 500 strongest banks in the Asia-Pacific in 2019 with some familiar names from Vietnam.