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VIB plans paying 35 per cent in dividends in 2022
23-02-2022 16:56
The Vietnam International Bank (VIB) has just published a document in which the bank sets out its strategic development orientations for the next five years and proposes a dividend payment plan, this year's business plan, and some other key issues.
Banking sector to maintain the lifeblood of the economy
22-02-2022 13:16
Top bank leaders have discussed their development trajectories for the new year to successfully meet all economic goals set for 2021-2025.
BritCham proposes solutions to boost Vietnam’s economic recovery at VBF
21-02-2022 12:06
The reopening of borders, liquidity, and the ability for banks to support economic growth, as well as the maintenance of policy reforms and the streamlining of administrative processes, are proposals of BritCham to boost Vietnam’s recovery of the economy.
Standard Chartered predicts strong recovery of Vietnam's economy
19-02-2022 11:22
Vietnam's economy is said to recover strongly from the end of the first quarter. GDP growth is expected to be 6.7 per cent in the year, and 7 per cent in 2023, according to Standard Chartered Bank.
VNG Group pumps $22.5 million into fintech platform
18-02-2022 15:43
Digital financing platform Funding Societies has confirmed its fresh fundraising round worth $144 million in an oversubscribed Series C+ led by SoftBank Vision Fund 2 and several other venture capital firms.
Banks stepping up inclusivity with female-based products
18-02-2022 08:00
Thanks to profound collaboration with international credit institutions, Vietnam’s banks are levering their nationwide financial inclusion commitment for women-led enterprises through a range of gender-specific initiatives.
Credit contract for the last PPP section of the North-South Expressway signed
17-02-2022 20:13
The investors of the Dien Chau-Bai Vot section of the Eastern Cluster of the North-South Expressway planned for 2016-2020, together with involved banks, signed a VND3.56 trillion ($154.8 million) credit contract on February 12, paving the way for the acceleration of the project.
Luong Thi Cam Tu succeeds Yasuhiro Saitoh as new chairwoman of Eximbank
17-02-2022 20:10
At the latest annual meeting of shareholders of Eximbank, Luong Thi Cam Tu has been chosen to succeed Yasuhiro Saitoh as newly-appointed chairwoman of the bank's board of directors in the 2020-2025 tenure.
Lenders promise investment scale-up
17-02-2022 14:47
The dissolution of a 15-year collaboration between Eximbank and Japan’s Sumitomo Mitsui Banking Corporation, its largest foreign strategic shareholder, could pave the way for a fresh start after a number of financial and internal conflicts plagued the former.
Shareholders of banks enjoy fruitful earnings as stocks flourish
16-02-2022 16:57
The banking group, one of the most favoured stock groups on the Vietnamese stock market, is yielding fruitful earnings for investors.
Home Credit awarded certificate of merit by SBV
16-02-2022 10:36
The Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has just signed a decision to award a certificate of merit to Home Credit Vietnam for its contributions and positive social activities in the prevention of the pandemic in the past two years.
Green economic development crucial to FDI attraction
15-02-2022 17:31
Viewed as an attractive investment destination, yet Vietnam still needs more attention to green and low-carbon economic development so as to sustainably attract foreign direct investment (FDI), according to experts.
VN-Index rebounds on bank stocks recovery
15-02-2022 17:16
The market was mixed on Tuesday morning, as bank stocks reclaimed some of the losses of the previous session.
SSI inks its largest loan agreement worth $440 million with VietinBank
14-02-2022 20:13
Vietnam’s prominent securities company SSI Securities JSC has just revealed its fresh loan agreement with VietinBank with a maximum loan amount of approximately $440 million. This is the biggest credit line contract signed by SSI with a joint-stock commercial bank in Vietnam to date, laying a concrete foundation for more extensive collaboration between the two major financial institutions in the country.
MBBank an ambitious climber in the Brand Finance Banking 500 ranking
14-02-2022 20:11
MBBank is one of the fastest-growing financial institutions in the Brand Finance Banking 500 ranking for 2022. The significant increase in brand value reflects MBBank’s drastic transformation in recent years.
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