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Hunt for fresh land banks taking off across key regions
22-11-2022 15:58
A series of large real estate projects have been bought up by investors as they move towards assets in second-tier cities, with land availability limited in major urban areas.
Credit growth high amid hikes in LDR
22-11-2022 15:00
Most of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year.
Recession threat for 2023 as interest rates continue to rise
22-11-2022 13:27
Despite overcoming the pandemic much better than most other countries, Vietnam is not exempt of another sort of virus that is creeping into the country: inflation. While European Union countries recorded an unprecedented 10.9 per cent in September, a number unheard of for the Euro currency so far, the US recorded 9.1 per cent in June, the highest figure in 40 years.
Textile enterprises face difficulties in 2023
18-11-2022 06:59
The economic downturn and high inflation in many major export markets exerts difficulties on Vietnam’s textile exporters for 2023.
Debt obligations and fund access head banking issues
17-11-2022 16:53
Vietnam’s banking sector is likely to experience a bumpy road ahead. Tran Thi Khanh Hien, research director of VNDIRECT Securities Corporation, spoke with VIR’s Hong Dung about the outlook for the sector.
VIB likely to increase its foreign ownership limit to 30 per cent
17-11-2022 08:30
Vietnam International Commercial Joint Stock Bank (VIB) has announced the final registration date to finalise the list of shareholders to collect written opinions, including the content of adjusting the foreign ownership limit (FOL).
Another leader of VIB continues to register to buy two million shares
16-11-2022 14:49
Tran Nhat Minh, deputy CEO cum head of Banking Technology Services at VIB has just registered to buy two million shares for long-term investment purposes.
Visa adds Google Wallet capabilities in Vietnam
15-11-2022 12:11
Visa, the world’s leader in digital payments, is launching Google Wallet for cardholders in Vietnam in partnership with ACB, Sacombank, Shinhan Bank, Techcombank, TPBank, Vietcombank, and VPBank. With the launch, Android and Wear OS users will be able to enjoy secure and convenient digital payments with a single tap of their smart device.
VIB’s leader registers to buy 1.5 million shares
15-11-2022 10:53
Ho Van Long, deputy CEO and CFO at Vietnam International Bank (VIB), has just registered 1.5 million shares.
SMBC spends over $9 million to scoop up SmartNet shares
15-11-2022 09:13
Sumitomo Mitsui Banking Corporation (SMBC) has inked a deal to form a capital alliance with Smart Net Trading Service JSC (SmartNet) with the purchase of shares valued at $9.36 million.
Message from government about resolving corporate bond issue
14-11-2022 16:14
The Government has issued Resolution 143/NQ-CP of its regular meeting in October.
VIB to pay cash dividend up to 35 per cent
14-11-2022 15:01
Vietnam International Bank recorded a pre-tax profit of more than $351.44 million over the past 10 months of 2022, up 44 per cent over the same period in 2021.
SMBC scoops up SmartNet shares for over $9 million
14-11-2022 14:59
Sumitomo Mitsui Banking Corporation has inked a deal to form a capital alliance with Smart Net Trading Service JSC with the purchase of shares valued at $9.36 million.
SBV adjustments calm liquidity of currency
14-11-2022 11:52
While the problem of the VND’s liquidity has been stabilised, the economy is still facing challenges regarding macro-stability and exchange and interest rate pressure, according to financial experts.
US removes Vietnam from monetary manipulation monitoring list
13-11-2022 19:48
Vietnam has been removed from the US's monetary manipulation monitoring list, according to the State Bank of Vietnam (SBV).
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