Banks post strong H1 performances on credit growth and cost cuts

Banks post strong H1 performances on credit growth and cost cuts

Banks have reported strong first-half results, fuelled by double-digit credit growth, improved asset quality, and operating efficiency.
Generous dividend plans warm investor sentiment

Generous dividend plans warm investor sentiment

Stock market investors are set to receive sizeable cash dividend payouts from banks amid a low-interest-rate environment.
Banks confident of 2025 targets amid global uncertainties

Banks confident of 2025 targets amid global uncertainties

Banks are navigating headwinds with flexible, well-prepared strategies.
Vietnam set to launch KRX trading system in May

Vietnam set to launch KRX trading system in May

Vietnam’s stock exchange is expected to introduce the long-awaited KRX trading system in late April, a move seen as a key milestone in modernising market infrastructure and enhancing liquidity.
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.
US banks push deals in Vietnamese market

US banks push deals in Vietnamese market

US financial institutions and digital payment innovators are intensifying their capital commitments to the burgeoning Vietnamese market.
DFC to grant $100 million loan to TPBank

DFC to grant $100 million loan to TPBank

Tech-driven TPBank has partnered with DFC to promote comprehensive financing during the visit of US President Joe Biden to Vietnam.
Green credit initiatives urged to push ahead development

Green credit initiatives urged to push ahead development

Given stringent domestic capital mobilisation, Vietnam’s banks are turning into international financial institutions for growth expansion, particularly to strengthen their sustainable and environmentally friendly loan portfolios.
TPBank to raise cash from international investors

TPBank to raise cash from international investors

Hanoi-based TPBank is in talks with some international investors in an effort to raise funds for its expansion in 2023.
Vietnam businesses showcase ‘new era of innovation’ with IBM

Vietnam businesses showcase ‘new era of innovation’ with IBM

Several key announcements from IBM signal progress towards digital transformation in Vietnam.
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 posted healthy profits during last year

Banks posted healthy profits during last year

Many banks, particularly private commercial lenders, have unveiled 2021 profit figures with an unprecedented growth despite the pandemic.
Private banks scoop up profit while cutting loan yields

Private banks scoop up profit while cutting loan yields

Despite gloomy economic conditions and profound uncertainty from the quarter just ended, six privately-held commercial banks have revealed huge jumps in profit in their latest business reports.
Banks report healthy three-quarter profit picture

Banks report healthy three-quarter profit picture

Many banks have published business reports for the first three quarters, depicting a generally bright profit picture.
First Vietnamese bank allows transactions in RoK for local card holders

First Vietnamese bank allows transactions in RoK for local card holders

TPBank has become the Vietnamese first bank to allow all domestic cardholders to make payment and withdrawal transactions in the Republic of Korea (RoK) in addition to international debit cards or credit cards.
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