6 per cent growth in gdp achievable says shinhan expert

6 per cent growth in GDP achievable, says Shinhan expert

Bui Thi Thao Ly, head of Research at Shinhan Securities Vietnam, talked with VIR's Thuy Vinh about the factors instrumental to an improved stock market performance for the second half of the year.
vib partners with american express to launch first super card

VIB partners with American Express to launch first Super Card

Vietnam International Bank (VIB) partnered with American Express on June 27 to launch its first Super Card, offering cardholders in Vietnam up to 15 per cent cashback on their spending across multiple categories. This cashback white card gives customers the freedom and flexibility to choose how they earn their rewards based on their lifestyle and needs.
vib shareholders approve 35 per cent dividend payment

VIB shareholders approve 35 per cent dividend payment

Vietnam International Bank (VIB) held its 2023 AGM in Ho Chi Minh City today. The bank’s shareholders approved a plan to pay dividends at 35 per cent, including cash dividends and bonus shares. They also agreed on a pre-tax profit target of VND12.2 trillion ($517.5 million) for 2023.
vib to announce dividend payment plans at its upcoming agm

VIB to announce dividend payment plans at its upcoming AGM

After six years of implementing strong and extensive strategic transformation, Vietnam International Bank (VIB) has marked important milestones in its journey to becoming the leading retail bank in Vietnam.
vib launches lazcard and lazada cashback offer

VIB launches LazCard and Lazada cashback offer

Vietnam International Bank (VIB) has launched LazCard, which offers users 50 per cent cashback on Lazada.
vib leads industry in top 50 most effective companies in vietnam

VIB leads industry in 'Top 50 Most Effective Companies in Vietnam'

During the recent ceremony to recognise the 'Top 50 Most Effective Business Companies in Vietnam in 2022,' eight banks with outstanding business performance and sustainable growth rates were named: VIB, Vietcombank, ACB, MB, VPBank, Techcombank, TPBank and SHB.
banking industry steps up digital transformation

Banking industry steps up digital transformation

The pandemic has been prompting banks to adapt. As digital transformation has become inevitable, banks have stepped up their efforts to adopt more new technologies in the digitalisation race.
home credit msig announce partnership to expand insurance offerings and financial inclusion in southeast asia

Home Credit & MSIG announce partnership to expand insurance offerings and financial inclusion in Southeast Asia

Agreement will see MSIG leveraging Home Credit’s significant regional distribution network to better serve insurance customers across three markets.
industry trio signs mou to boost clean energy in vietnam

Industry trio signs MoU to boost clean energy in Vietnam

PetroVietnam Power Corporation (PV Power), IB Global, and IDG Capital Vietnam signed an MoU on January 28 to boost clean energy development amid an ever-increasing demand.
strong rise in bank profitability in first quarter

Strong rise in bank profitability in first quarter

A number of banks recorded impressive growth in the first quarter and set a relatively strong profit growth target this year.
scb appoints foreign acting ceo

SCB appoints foreign acting CEO

Saigon Joint Stock Commercial Bank (SCB) has announced the decision on appointing Chen Yi-Chung (Jeremy Chen) as acting CEO. This appointment is amid the drastic implementation of the transformation and sustainable development strategy for 2020-2030 at SCB with strategic consultations from McKinsey & Company.
banks urged to complete listing plans

Banks urged to complete listing plans

The latest regulatory requirements make it impossible for banks to continue delaying their listing plans.
local banks continue to appeal to foreign capital

Local banks continue to appeal to foreign capital

With high profitability and a strong rebound, local banks are becoming tempting targets for foreign investors mulling over stake purchase deals.
60 million convertible preferred sbt stocks offered to foreign strategic investors

$60 million convertible preferred SBT stocks offered to foreign strategic investors

For the first time, a Vietnamese sugar company engages in a strategic capital-raising deal of international significance, which not only contributes to the company’s sustainable development, but also to that of the Vietnamese sugar industry.
small scale banks massively hike charter capital

Small-scale banks massively hike charter capital

Small banks are mulling over capital hikes and listing plans amid favourable market conditions and rosy business performance.