mb hdbank and vpbank to lift foreign ownership limit

MB, HDBank, and VPBank to lift foreign ownership limit

A new governmental decree covering the purchasing of shares in Vietnamese credit institutions by foreign investors has increased the ability of some commercial banks to seek more investment from overseas.
banks expect upbeat profit picture for 2025

Banks expect upbeat profit picture for 2025

Several banks have set higher profit targets for this year, expecting more positive credit growth amid improved capital absorption capacity and an acceleration of public investment.
vikki digital bank showcases new brand identity

Vikki Digital Bank showcases new brand identity

Several Vikki Digital Bank branches opened their doors to customers nationwide on February 17, showcasing a new brand identity.
billionaire nguyen thi phuong thao makes recommendations to achieve gdp target

Billionaire Nguyen Thi Phuong Thao makes recommendations to achieve GDP target

Billionaire Nguyen Thi Phuong Thao has made several recommendations to achieve the GDP growth target of 8 per cent in 2025 towards double-digit growth.
banks continue massive bond issuances in early 2025

Banks continue massive bond issuances in early 2025

The banking sector is continuing to play a key role in the corporate bond market to replenish capital sources and support growth.
hdbanks 2024 earnings exceed targets

HDBank's 2024 earnings exceed targets

Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) announced strong fourth quarter and financial year results on January 24, with profit before tax exceeding VND16.7 trillion ($665.8 million), completing its target by 106 per cent with a 28.5 per cent increase on-year.
hdbank undertakes mandatory transfer of donga bank

HDBank undertakes mandatory transfer of DongA Bank

The State Bank of Vietnam (SBV) announced a decision on January 17 to implement the mandatory transfer of DongA Bank to HDBank under a plan approved by the government.
foreign investment room delivers mixed picture at banks

Foreign investment room delivers mixed picture at banks

While the foreign ownership limit at several top-tier banks has almost reached its cap with a desire for further expansion, other banks have significant room for international investment.
hdbank in triple victory at listed company awards

HDBank in triple victory at listed company awards

HDBank won three titles at the Vietnam Listed Company Awards on November 16, reaffirming its position as one of the best in the banking and finance sector through its commitment to information transparency and professional governance.
hdbank wins three titles at vietnam listed company awards

HDBank wins three titles at Vietnam Listed Company Awards

HDBank won three prestigious titles at the Vietnam Listed Company Awards (VLCA) 2024 on November 16, reaffirming its position as one of the best in the banking and finance sector through its commitment to information transparency and professional governance.
hdbank profits reach 5017 million in first nine months of 2024

HDBank profits reach $501.7 million in first nine months of 2024

HDBank announced its 9-month business results on October 29, with pre-tax profit reaching VND12.7 trillion ($501.7 million), up 46.6 per cent on-year.
hdbank and proparco credit financing tops 100 million

HDBank and Proparco credit financing tops $100 million

HDBank has strengthened its existing collaboration with Proparco by securing a new credit facility of $50 million towards its sustainable development targets.
hdbank posts outstanding business results in first half of 2024

HDBank posts outstanding business results in first half of 2024

HDBank held its Q2 investor conference on August 8, where it announced positive business results for the first half of the year.
mixed fortunes for profit in banks in 2024

Mixed fortunes for profit in banks in 2024

Bank profit in the first half of this year has been a mixed mag amid a still challenging business environment.
hdbanks h1 2024 profit reaches 323 billion

HDBank's H1 2024 profit reaches $323 billion

HDBank has announced its financial statement for the second quarter of 2024, with a pre-tax profit of over $322.8 million for the first half of the year, up 48.9 per cent on-year.