29-03-2018 11:21
Ticket prices for the 2018 Danang International Fireworks Festival will range from VNĐ300,000 ($13.3) to VNĐ2 million ($88.5) for each night’s performance on the Han River banks between April 30 and June 30.
28-03-2018 11:14
Over the past three years, divestment activities stoked up the cross-ownership "wipe-out" among Vietnam-based financial institutions in order to strengthen ownership transparency.
28-03-2018 10:56
The LienVietPostBank, SCB, MB and VIB are due to organise the annual general meeting (AGM) of shareholders this week.
27-03-2018 13:12
The benchmark VN Index rose sharply on Tuesday morning as real estate stocks remained upbeat and banks performed strongly as well.
26-03-2018 19:03
Some commercial banks appreciated the US dollar after last week’s interest rate hike by the US Federal Reserve (Fed). Experts, however, have said the exchange rate between the US dollar and Vietnamese đồng is likely to remain relatively stable throughout the year.
26-03-2018 14:29
Throughout the annual general meetings (AGMs) season, numerous commercial banks unveiled remarkable business targets for the year ahead, promising huge revenues, profits, and charter capital raises.
24-03-2018 12:37
Vietnam’s finance and banking sector has attracted quite a number of foreigners to leading roles over the years. This trend is expected to continue, as foreign expertise and experience are in high demand for the sector’s development and expat incomes have become more competitive over the years.
23-03-2018 22:51
The recent divestments of foreign investors from bank tickers might not mean that the financial sector is losing its charm to foreign shareholders.
23-03-2018 10:37
Despite significant efforts to resolve bad debts over the course of 2017, commercial banks will likely carry a total VND60 trillion ($2.64 billion) of bad debts into 2018.
21-03-2018 16:30
Shinhan Bank, Woori Bank, KEB Hanam, and Lotte Card are among the Korean investors currently present in the Vietnamese credit market, aiming to grasp the top spots in the credit card segment which previously was rated as "highly potential."
21-03-2018 12:48
Over the past several months, repurchase agreements (repos) were reported to be in growing demand among commercial banks in the government securities sector.
20-03-2018 11:47
After the government green-lighted Vietcombank to sell the state-owned stake to foreign investors, the bank is expected to sell a total of 10 per cent, commensurate with over 350 million shares, in a separate issuance and/or through public auction to a limited number of foreign investors.
19-03-2018 23:02
Recently, Vietcombank adjusted its banking service charges for the second time, effectively from April 15, after the first alteration of the service charge on March 1, raising controversy among the bank’s long-term clients.
19-03-2018 09:49
In an effort to reduce its cross-ownership at local banks, Vietcombank is on route to auction over 6.6 million shares of Orient Commercial Bank (OCB) on April 17, at the starting price of VND13,000 ($0.59) per share.
17-03-2018 20:30
Throughout the annual general shareholders’ meeting (AGM) season, bad debt resolution and hefty risk provisions were the most worrisome issues emerging in the banking sector in since the beginning of 2017.