11-04-2025 13:31
Commercial banks have hailed the government’s $20 billion credit package aimed at supporting infrastructure and digital technology.
25-03-2025 14:00
Commercial banks have simultaneously raised the VND-USD exchange rate, which has now exceeded the VND25,800 per dollar threshold. Since the beginning of 2025, the exchange rate at major state-owned lender Vietcombank has increased by 1.07 per cent.
21-03-2025 16:27
According to the Monetary Policy Department under the State Bank of Vietnam (SBV), 23 different commercial banks adjusted their interest rates between February 25 and March 18.
27-02-2025 18:04
Banks have taken swift action to reduce their deposit rates following a meeting with the central bank (SBV) on implementing measures to stabilise deposit rates on February 25.
03-01-2025 16:56
Banks are issuing bonds to raise capital at high interest rates, driven by a clear improvement in year-end credit growth and positive forecasts for 2025.
01-01-2025 10:00
Banks have continued to post promising profits for 2024, buoyed by strong credit growth in the latter half of the year.
03-12-2024 17:32
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.
28-11-2024 09:49
Vietnamese banks envisage distributing dividends to their shareholders this year.
26-11-2024 17:42
With credit growth gaining momentum in the last two quarters of the year after a slow start in the first half, banks are optimistic about meeting their annual profit targets.
20-11-2024 11:20
Marking a milestone for Vietnam’s green bond market, Vietcombank has successfully issued VND2 trillion (approximately $80 million) of green bonds.
18-10-2024 11:37
The State Bank of Vietnam (SBV) announced a decision for the mandatory transfer of CBBank and Ocean Bank to Vietcombank and MBBank, respectively, on October 17.
05-08-2024 21:02
Bank profit in the first half of this year has been a mixed mag amid a still challenging business environment.
09-07-2024 12:00
Vietcombank is preparing for a private placement of 6.5 per cent of its charter capital to strategic shareholder Mizuho and a number of other shareholders, according to ACB Securities (ACBS).
12-06-2024 17:26
Vietcombank began selling SJC-branded gold bullion online on June 12.
10-06-2024 09:46
With the growth of the middle class in the Vietnamese market, amidst a positively growing economy, the number of high-end customers for financial institutions, banks, and securities companies is steadily increasing. Dau Thi Kim Nhung, head of Retail Marketing at Vietcombank, covers priority customer activities with VIR’s Hazy Tran.