Pyon Young Hwan, director of Global Trading Centre at Shinhan Bank Vietnam, shared his take with VIR's Thuy Vinh on the interest rate situation globally and in Vietnam, and challenges and development prospects for the country’s economy in late 2023 and beyond.
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.
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.
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.
Vietnam International Bank (VIB) has launched LazCard, which offers users 50 per cent cashback on Lazada.
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.
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.
Agreement will see MSIG leveraging Home Credit’s significant regional distribution network to better serve insurance customers across three markets.
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.
A number of banks recorded impressive growth in the first quarter and set a relatively strong profit growth target this year.
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.
The latest regulatory requirements make it impossible for banks to continue delaying their listing plans.
With high profitability and a strong rebound, local banks are becoming tempting targets for foreign investors mulling over stake purchase deals.
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 banks are mulling over capital hikes and listing plans amid favourable market conditions and rosy business performance.