Banks upbeat about charter capital hike in 2020

Banks upbeat about charter capital hike in 2020

Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.
Government backs capital hike plans for four State-owned banks

Government backs capital hike plans for four State-owned banks

The Government supports the policy of allowing four State-owned banks to raise charter capital, said Governor of the State Bank of Viet Nam (SBV) Le Minh Hung.
ACB approved to increase capital by paying dividend by stock

ACB approved to increase capital by paying dividend by stock

ACB plans to issue more than 374 million shares to increase its charter capital by VND3.74 trillion ($162.6 million) reach VND16.6 trillion ($721.74 million).
NCB seeks breakthrough through charter capital hikes

NCB seeks breakthrough through charter capital hikes

Small-cap commercial lender NCB aims to reach new heights by leveraging its forthcoming charter capital hike plans.
National Citizen Bank green-lighted to raise charter capital

National Citizen Bank green-lighted to raise charter capital

Vietnam’s National Citizen Bank today received the permit to raise its charter capital to VND5 trillion ($217.4 million).
Small-scale banks massively hike charter capital

Small-scale banks massively hike charter capital

Small banks are mulling over capital hikes and listing plans amid favourable market conditions and rosy business performance.
Hanwha Life Vietnam increases charter capital to $233 million

Hanwha Life Vietnam increases charter capital to $233 million

Hanwha Life Vietnam increased its charter capital to profess its commitment to the country and improve customer service.
Banks hike charter capital to improve financial strength

Banks hike charter capital to improve financial strength

Many banks are set to hike charter capital to boost their financial strength through stock issuances to pay dividend for the shareholders.
Viettel Global reports 42 per cent increase in gross profit

Viettel Global reports 42 per cent increase in gross profit

In first quarter of this year, Viettel Global reported an increase of 43 per cent in gross profit, with positive results in net cash flows.
Prudential Vietnam boosts charter capital to over $180 million

Prudential Vietnam boosts charter capital to over $180 million

Prudential has bolstered its charter capital to $183.47 million to reinforce its long-term commitment and investment into Vietnam.
Medium-sized banks boosting capital to enhance financial strength

Medium-sized banks boosting capital to enhance financial strength

Medium-sized banks are working on massive capital increase plans to boost their financial capacity, striving to reach Basel II standards.
VIB in talks with foreign investors for treasury shares sale

VIB in talks with foreign investors for treasury shares sale

Vietnam International Bank (VIB) is counting on the surge of foreign investment inflows in 2018 to offload its treasury shares to foreign investors, as soon as the third quarter.
Minh Phu Corp reveals ambitious plans upon return to stock exchange

Minh Phu Corp reveals ambitious plans upon return to stock exchange

Leading seafood firm Minh Phu Corp. has grand strategies to defend the “King of Shrimp” title, following its comeback to the public market this month.
Viet Dragon Securities raises chartered capital to VND910 billion

Viet Dragon Securities raises chartered capital to VND910 billion

Viet Dragon Securities JSC will raise its charter capital to VND910 billion ($40.3 million) to celebrate its 10th anniversary.
Defining a complex FIE question

Defining a complex FIE question

The definition of a foreign-invested company generated enormous debate from regulators, lawyers and enterprises at a recent VIR-hosted forum. Huynh Dai Thang, partner of DFDL Vietnam Law Firm, presents his view on whether the definition should be re-defined.
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