banks report rosy first half profit picture

Banks report rosy first-half profit picture

Banks expect a buoyant profit picture in the first six months of this year in the wake of positive credit growth and rising incomes from the services segment.
shares start week with declines banks hard hit

Shares start week with declines; banks hard-hit

Vietnamese shares slipped on Monday as the two main stock indices fell, but the downtrend slowed during the closing minutes thanks to the recovery of blue-chips.
banks expect higher credit limit amid a concerns

Banks expect higher credit limit amid quota concerns

Many commercial banks said they expect higher credit limits as they have already used up most, if not all, of their assigned quota for the whole year.
banks optimistic about growth rate this year

Banks optimistic about growth rate this year

The banking sector is optimistic about its growth prospect in 2018 as all of surveyed banks expects the growth rate to be more than 10 per cent.
transparency helps vietnam banks draw foreign investors

Transparency helps Vietnam banks draw foreign investors

Healthy domestic banks should focus on improving the transparency in their audited financial statements to attract foreign investors as some banks have recently succeeded with the strategy, experts suggested.
vn stocks gain on banks energy firms

VN stocks gain on banks, energy firms

Vietnamese shares advanced on Monday morning, led by large-cap stocks in the banking and energy sectors.
banksy needles france on migrants with paris mural blitz

Banksy needles France on migrants with Paris mural blitz

The mysterious British street artist Banksy appears to have taken aim at the French government's crackdown on migrants in a series of new murals in Paris.
banks hope to lure foreign investors

Banks hope to lure foreign investors

Despite the current increasing foreign investment inflows, merged and acquired banks will consider selling stakes to foreign investors after completing the restructuring to up the attractiveness of sales, bank officials said.
sbv tightens corporate bond purchase by banks

SBV tightens corporate bond purchase by banks

State Bank of Viet Nam has tightened regulations on corporate bond purchase by credit institutions and foreign banks’ branches.
tighter rules for banks

Tighter rules for banks

The State Bank of Viet Nam (SBV) has decided to push ahead with restructuring the banking system, applying stricter measures to effectively prevent cross-ownership at commercial banks.
trung luong my thuan expressway a step closer to resume construction

Trung Luong-My Thuan Expressway a step closer to resume construction

Successfully accessing banks loans takes Trung Luong-My Thuan Expressway-phase 1 closer to its launch in 2020.
bancassurance to boost bank profits

Bancassurance to boost bank profits

Partnerships with insurance firms are expected to bring in a huge amount of cash for Vietnamese banks, who want to diversify their non-interest income.
financial experts urge caution against dollar loans

Financial experts urge caution against dollar loans

Experts have warned enterprises to be more cautious with their US dollar loans amidst a significant rise in the lending and appreciation of the greenback.
commercial banks to support wb projects

Commercial banks to support WB projects

Sai Gon-Ha Noi Bank (SHB) and Vietnam Technological and Commercial Joint Stock Bank (Techcombank) have been assigned to support projects signed between Vietnam and the World Bank.
vib issues vib world mastercard with massive incentives

VIB issues VIB World MasterCard with massive incentives

The brand new premium VIB World MasterCard credit card offers impressive rewards and benefits for cardholders, including a credit limit of VND1.2 billion ($52.6 million), up to 10 per cent cash back on dining expenses during a trip abroad, and free services in more than 850 VIP lounges at airports around the world.