state owned banks lead in employee efficiency

State-owned banks lead in employee efficiency

Four big state-owned banks, namely Vietcombank, VietinBank, BIDV and Agribank, produce the highest profit per employee in the Vietnamese banking system.
small banks avoid being merged or acquired

Small banks avoid being merged or acquired

Small-sized banks are making great efforts to grow to avoid being merged or acquired, however, it is not easy, according to the Dau tu chung khoan (Securities Investment) newspaper.
banks embrace their digital destiny

Banks embrace their digital destiny

Going digital has become the tactical approach for many global and domestic banks, driven largely by customer needs, technological advancements, and ambition of regulators. Banking clients now have access to easier, faster, and better banking products and services, equipped with security features that reduce risk and enhance the overall banking experience. Trang Nguyen reports.
farmers struggle to access loans to develop production

Farmers struggle to access loans to develop production

Difficulties in borrowing money from banks have made it difficult for farmers to develop agricultural production in Hà Nội.
hn seeks ideas to develop red river banks

HN seeks ideas to develop Red River banks

Hà Nội authorities have asked three construction giants to devise planning schemes to develop the areas along the iconic Hồng (Red) River that flows past the capital city.
vietnamese banks dream of foreign investors

Vietnamese banks dream of foreign investors

Many commercial banks want more relaxed restrictions on foreign ownership in order to raise capital, resolve bad debts, and speed up restructuring.
goldman sachs citigroup earnings confirm trump effect on banks

Goldman Sachs, Citigroup earnings confirm Trump effect on banks

NEW YORK: Goldman Sachs and Citigroup closed earnings season on a good note on Wednesday (Jan 18), as major US banks saw profits boosted by the election victory of Donald Trump, who promised to dismantle financial regulations.
in the face of regulation banks list on the bourses

In the face of regulation, banks list on the bourses

Vietnamese banks are rushing to list on stock bourses to comply with new rules, and respond to calls for better transparency.
fols will help banks revamp

FOLs will help banks revamp

A rise in foreign ownership limits is needed to importantly help Vietnam speed up the local banking sector’s restructuring.
banks post higher performance for 2016

Banks post higher performance for 2016

Several commercial banks have in the early days of 2017 posted positive business performance for 2016, with profits much higher than the previous year.
as vn banks digitise customer service key

As VN banks digitise, customer service key

Customers must be at the centre of banks’ attention as they make a move towards digital transformation in an effort to adapt to a changing landscape of financial innovation and disruptive technologies.
city reviews plans to lend to enterprises

City reviews plans to lend to enterprises

The banking – enterprises connection programme enabled around 22,000 businesses in HCM City to borrow over VND280 trillion (US$12.5 billion) from banks last year.
banks energy firms push market up

Banks, energy firms push market up

Shares rose on both local bourses yesterday as bank stocks bounced back on expectations for positive 2016 earnings reports and energy firms recovered on upward moves in oil prices.
banks increase dong interest rate to lure depositors

Banks increase dong interest rate to lure depositors

A number of commercial banks have increased their Vietnamese dong deposit interest rates by 0.2-0.4 per cent per year to attract depositors at year-end.
bank restructuring five year review and prospects to come

Bank restructuring: five-year review and prospects to come

Positive news regarding the restructuring of banks has emerged at year-end.