Nine Vietnamese banks increase global brand finance ranking

Nine Vietnamese banks increase global brand finance ranking

Nine Vietnamese banks made it on the Brand Finance Banking 500, including Agribank, Vietcombank, VietinBank, VPBank, BIDV, Techcombank, MB, Sacombank, and ACB.
Value of BIDV’s major support spending recognised

Value of BIDV’s major support spending recognised

As one of the many enterprises honoured this year, state-owned BIDV has been recognised within the Vietnam Value Programme for its efforts in fintech and user experience, with the bank offering multiple applications for its customers to conveniently use in everyday life.
Strategic solutions for business growth post-COVID-19

Strategic solutions for business growth post-COVID-19

Businesses looking for future growth and investment opportunities are urged to upskill or reskill in line with new trends and demands.
Bad debts tend to rise despite slow credit expansion

Bad debts tend to rise despite slow credit expansion

Non-performing loans are still increasing despite slow credit expansion as the COVID-19 pandemic stretches many businesses to their limits.
Police investigating BIDV bank robbery

Police investigating BIDV bank robbery

Two masked men robbed a BIDV branch in Hanoi with guns and explosives.
BIDV puts Nam Son arrears on trade to resolve bad debt

BIDV puts Nam Son arrears on trade to resolve bad debt

With the bad debts dragging BIDV down, forcing the bank to recently put the debts of Nam Son Trading Development and Construction JSC (Nam Son) on sale.
BIDV case heading to court on July 20

BIDV case heading to court on July 20

Twelve people involved in violations of banking operations at the Bank for Investment and Development of Vietnam (BIDV) will be brought to trial on July 20, according to the Hanoi People’s Court.
BIDV Securities Company (BSC) races to achieve stellar profit in 2020

BIDV Securities Company (BSC) races to achieve stellar profit in 2020

BSC announced expectations of powerful profit at its 2020 AGM, with brokerage and margin lending activities envisaged to be the key revenue drivers.
BIDV lowers price of 55 apartments of The Era Town after poor sales

BIDV lowers price of 55 apartments of The Era Town after poor sales

Poor sales at The Era Town real estate project forced BIDV to lower the price of 55 apartments to about VND14 million ($610) per square metre.    
BIDV MetLife launches "Be confident all time - Let's welcome the future” promotion

BIDV MetLife launches "Be confident all time - Let's welcome the future” promotion

The "Be confident all the time – Let's welcome the future" promotion of BIDV MetLife offers customers peace of mind and attractive prizes.
Banks sell mortgaged assets to resolve bad debts

Banks sell mortgaged assets to resolve bad debts

Many banks in Ho Chi Minh City are selling their mortgaged assets, mainly properties worth trillions of Vietnamese dong, to speed up the resolution of bad debts.
Banks ramp up support for customers in COVID-19 time

Banks ramp up support for customers in COVID-19 time

Amidst the COVID-19 epidemic, banks have slashed lending rates by up to 2 per cent to help customers mitigate the implications on their lives and business.    
BIDV puts real estate project’s debt on sale for $174 million

BIDV puts real estate project’s debt on sale for $174 million

BIDV will organise an auction to put on sale the VND4 trillion debt of Tai Nguyen Trading Manufacturing Construction at Kenton Node in Ho Chi Minh City.
BIDV and NCB looking at losing debts at Saplastic

BIDV and NCB looking at losing debts at Saplastic

With Saplastic standing on the brink of bankruptcy, it is unlikely BIDV and NCB will be able to collect their dues from the company.
Reference exchange rate down 10 VND on March 25

Reference exchange rate down 10 VND on March 25

The State Bank of Vietnam set the daily reference exchange rate at 23,250 VND per USD on March 25, down 10 VND from the previous day.
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