EVN secures financing for Quang Trach II LNG power plant

EVN secures financing for Quang Trach II LNG power plant

EVN has signed loan agreements with four domestic banks to advance construction of the Quang Trach II LNG-fired power plant.
$250 million deal targets women-owned SMEs, sustainable agriculture

$250 million deal targets women-owned SMEs, sustainable agriculture

A $250 million syndicated financing package will boost women-owned SMEs and promote climate-resilient agriculture in Vietnam.
JBIC and BIDV join forces to back Vietnam’s green transition

JBIC and BIDV join forces to back Vietnam’s green transition

JBIC and BIDV have partnered to advance Vietnam’s transition to low-carbon energy, supporting the country’s goal of carbon neutrality by 2050.
Banks expect upbeat profit picture for 2025

Banks expect upbeat profit picture for 2025

The Vietnamese banking sector has set higher profit targets for 2015 than in recent years.
Banks see mixed performances in forex trading

Banks see mixed performances in forex trading

Many banks counted significant profits from forex business last year, but some declined or even counted losses in this segment.
Banks optimise credit plans to boost efficiency

Banks optimise credit plans to boost efficiency

Banks have been devising rigorous credit plans since the start of the year to bolster operational efficiency.
Banks deliver bright profit picture

Banks deliver bright profit picture

Banks have continued to post promising profits for 2024, buoyed by strong credit growth in the latter half of the year.
Mandatory biometric verifications to be expanded

Mandatory biometric verifications to be expanded

Since the implementation of biometric authentication in banking for individuals, fraudsters have shifted to using bogus company accounts, prompting the nation’s central bank to propose mandatory requirements for financial institutions.
Massive dividends on offer to bank shareholders

Massive dividends on offer to bank shareholders

Vietnamese banks envisage distributing dividends to their shareholders this year.
Banks confident of achieving profit targets

Banks confident of achieving profit targets

With credit growth gaining momentum in the last two quarters of the year, banks are optimistic about meeting their annual profit targets.
Banks' profit picture in Q3 creates mixed sentiment

Banks' profit picture in Q3 creates mixed sentiment

Banks are releasing their third-quarter business results, and sentiments have been mixed about their profit picture.
Several Vietnamese banks agree to finance EV purchases

Several Vietnamese banks agree to finance EV purchases

Chinese EV giant BYD has agreed a deal with VPBank, BIDV, and VietinBank to provide financing solutions for its Vietnamese customers.
ACV secures $1.8 billion in syndicated loans for Long Thanh Airport, ensuring on-schedule completion by 2026

ACV secures $1.8 billion in syndicated loans for Long Thanh Airport, ensuring on-schedule completion by 2026

Airports Corporation of Vietnam (ACV) has secured a $1.8 billion loan to finance the construction of Long Thanh International Airport.
Bank credit registers slight fall in first two months

Bank credit registers slight fall in first two months

Credit growth fell slightly at the start of the year.
Banks remain prudent about 2024 targets

Banks remain prudent about 2024 targets

Despite seeing billion-dollar profits in 2023, many banks remain cautious about their 2024 business targets amid the current economic vulnerabilities.
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