17-04-2020 21:20
Credit ratings provider Fitch Ratings has downgraded its outlook on four local and one foreign bank in Vietnam – Vietcombank, VietinBank, MB, ACB, and ANZ.
11-04-2020 09:12
FWD Group has just announced securing regulatory approval to proceed with the previously announced acquisition of Vietcombank-Cardif Life Insurance, a life insurance joint venture between leading state-owned Vietcombank and French partner BNP Paribas Cardif.
03-04-2020 10:27
The State Bank of Vietnam set the daily reference exchange rate at 23,239 VND per USD on April 3, up 7 VND from the day before the national holiday commemorating the Hung Kings on April 2.
01-04-2020 10:14
The State Bank of Vietnam set the daily reference exchange rate at 23,232 VND per USD on April 1, down 3 VND from the previous day.
25-03-2020 09:59
The State Bank of Vietnam set the daily reference exchange rate at 23,250 VND per USD on March 25, down 10 VND from the previous day.
23-03-2020 11:49
Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has asked commercial banks to promptly to support customers affected by COVID-19.
20-03-2020 10:00
Vietcombank will sell 60 million bonds, valued at a total VND6 trillion ($260.87 million), as its first issuance in 2020.
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.
18-02-2020 15:00
While Vietnamese lenders have stepped up their support for the virus-hit economy by reducing lending rates or offering relief measures, foreign banks are adopting a wait-and-see approach.
10-01-2020 14:31
The Government supports the policy of allowing four State-owned banks to raise charter capital, said Governor of the State Bank of Viet Nam (SBV) Le Minh Hung.
10-01-2020 10:43
The State Bank of Vietnam set the daily reference exchange rate at 23,166 VND/USD on January 10, down 7 VND from the previous day.
05-11-2019 09:30
On November 1, Vietcombank will officially open its representative office in New York City, located at Suite 14P, One Rockefeller Plaza in Midtown Manhattan. The representative office was licensed by the New York State Department of Financial Services on June 17 and received official approval from the Federal Reserve Board earlier on October 26, 2018.
24-10-2019 10:35
The Vietnamese Government may allow European financial firms to buy up to 49 per cent of only two local commercial banks, Nguyen Thi Thu Trang, Director of the WTO Integration Centre at the Vietnam Chamber of Commerce and Industry, said on Wednesday.
20-10-2019 15:16
Banks are reporting better profit for the third quarter this year, with Vietcombank leading the way despite the predicted slowdown in credit growth.
04-08-2019 11:28
Growing bad debts reaching hundreds of millions of US dollars keep pressuring BIDV, Vietcombank, and VietinBank.