02-04-2018 21:43
Huynh Quang Khanh invests in real estate by leveraging credit. Seventy per cent of his investment comes from banks. He has borrowed VNĐ1 billion at an interest rate of 9.5 per cent from a bank in Tan Phu District and also asked some of his relatives to borrow on his behalf from that bank.
02-04-2018 21:19
The State Bank of Viet Nam has tightened lending regulations, prohibiting credit institutions and foreign bank branches from disbursing loans in cash, effective from April 2, according to a new circular.
31-03-2018 11:09
The local banking sector is regaining its place in the sun this year, as more banks are due to get listed on the stock exchanges, while others are undertaking capital raising rounds where more shares are on offer to potential investors. Foreign investment funds, rather than foreign banks, are the ones with the most appetite for a slice of the local banks.
30-03-2018 10:49
Over the past three years, the manipulation of voting rights or shareholder activism among leaders in the board of directors in Vietnam-based commercial banks was among the most debatable issues brought up at the banks' annual general meetings (AGM).
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.