Vigilance over bad debt essential

Vigilance over bad debt essential

As bad debts continue to pose a threat to the banking sector's performance, financial authorities are implementing a host of measures to mitigate risk.
Going digital the answer to withstand global fluctuations

Going digital the answer to withstand global fluctuations

As a retail bank with a strong foothold in small- and medium-sized enterprises, ACB expects to continue its growth momentum. ACB chairman Tran Hung Huy and CEO Tu Tien Phat spoke with VIR’s Le Luu about the bank’s digital transformation and its strategic plan for 2023.
ACB ONE PRO provides optimal financial solution for medium and large enterprises

ACB ONE PRO provides optimal financial solution for medium and large enterprises

ACB has debuted the ACB ONE PRO digital banking version aimed at serving medium and large firms with various optimal functions based on their specific demands.
Vietnam Report announces Top 10 prestigious banks

Vietnam Report announces Top 10 prestigious banks

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022.
Banks setting upbeat profit targets

Banks setting upbeat profit targets

Banks are penning out upbeat profit targets for 2022, leveraging sound credit demands buoyed by the economic rebound both at home and globally.
Visa makes it a breeze to receive funds from abroad with Visa Direct

Visa makes it a breeze to receive funds from abroad with Visa Direct

Visa has partnered with Vietnamese banks to make it easier for Visa debit card holders to receive inbound remittances using MoneyGram and Remitly.
Banking stability playing key role in economic health

Banking stability playing key role in economic health

The first half of this year has come and gone, with a very interesting case on why banks still bear fruit with upbeat business results during a difficult time for the economy.
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.
ASEAN, Brazil eye stronger trade and investment links

ASEAN, Brazil eye stronger trade and investment links

Vietnamese Ambassador to Brazil Pham Thi Kim Hoa has attended a virtual meeting between the ASEAN Committee in Brasilia (ACB) and the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) which discussed opportunities for trade and investment and ways to develop economic relations between ASEAN member states and the Latin American country.
Sun Life Vietnam and ACB announce 15-year exclusive bancassurance partnership in Vietnam

Sun Life Vietnam and ACB announce 15-year exclusive bancassurance partnership in Vietnam

Vietnam's financial institutions are enjoying a rise in bancassurance activities with more monopoly deals coming.
ACB and Sun Life Vietnam announce exclusive bancassurance partnership

ACB and Sun Life Vietnam announce exclusive bancassurance partnership

ACB and Sun Life Vietnam on November 18 announced that they have formed a 15-year exclusive bancassurance partnership in Vietnam.
Central bank approves ACB"s plan to raise charter capital

Central bank approves ACB"s plan to raise charter capital

The State Bank of Vietnam has approved the Asia Commercial Bank (ACB)’s plan to raise its charter capital from 16.6 trillion VND (721 million USD) to 21.6 trillion VND (938.3 million USD).
A string of banks land the HSX

A string of banks land the HSX

Following recovery plans after the pandemic came under control in Vietnam, many banks have recently announced plans to move their lists to the Ho Chi Minh City Stock Exchange (HSX).
Fitch downgrades outlook on Vietcombank, VietinBank, ACB, MB, and ANZ

Fitch downgrades outlook on Vietcombank, VietinBank, ACB, MB, and ANZ

Credit ratings provider Fitch Ratings has downgraded its outlook on four local and one foreign bank in Vietnam – Vietcombank, VietinBank, MB, ACB, and ANZ.
Manulife Vietnam forges bancassurance partnership with ACB

Manulife Vietnam forges bancassurance partnership with ACB

Manulife Vietnam announced a bancassurance partnership with ACB, signalling its commitment to helping more people live better lives.
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