Banks cut rates to boost business

Banks cut rates to boost business

Commercial banks have been playing a crucial role in supporting economic growth through their recent interest rate reductions.
Positive rate movement following government commitment

Positive rate movement following government commitment

Banks have taken swift action to reduce their deposit rates following a meeting with the central bank (SBV) on implementing measures to stabilise deposit rates on February 25.
Banks expedite massive bond issuances to raise capital before new year

Banks expedite massive bond issuances to raise capital before new year

Banks are issuing bonds to raise capital at high interest rates, driven by a clear improvement in year-end credit growth and positive forecasts for 2025.
Foreign investment room delivers mixed picture at banks

Foreign investment room delivers mixed picture at banks

While the foreign ownership limit at several top-tier banks has almost reached its cap, other banks have significant room for international investment.
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.
GGGI supports Vietcombank’s debut of $80 million green bonds

GGGI supports Vietcombank’s debut of $80 million green bonds

Marking a milestone for Vietnam’s green bond market, Vietcombank has successfully issued VND2 trillion (approximately $80 million) of green bonds.
Vietcombank and MBBank to acquire Construction Bank and Ocean Bank

Vietcombank and MBBank to acquire Construction Bank and Ocean Bank

The State Bank of Vietnam (SBV) announced a decision for the mandatory transfer of CBBank and Ocean Bank to Vietcombank and MBBank, respectively, on October 17.
Mixed fortunes for profit in banks in 2024

Mixed fortunes for profit in banks in 2024

Bank profit in the first half of this year has been a mixed mag amid a still challenging business environment.
Vietcombank preparing to sell 6.5 per cent stake to Mizuho and other shareholders

Vietcombank preparing to sell 6.5 per cent stake to Mizuho and other shareholders

Vietcombank will sell 6.5 a slice of its charter capital to strategic shareholders.
Vietcombank begins selling gold bullion online

Vietcombank begins selling gold bullion online

Vietcombank started selling SJC-branded gold bullion online on June 12.
High-end customers pave the way for specialised financial product ecosystem

High-end customers pave the way for specialised financial product ecosystem

With the growth of the middle class in the Vietnamese market, amidst a positively growing economy, the number of high-end customers for financial institutions, banks, and securities companies is steadily increasing. Dau Thi Kim Nhung, head of Retail Marketing at Vietcombank, covers priority customer activities with VIR’s Hazy Tran.
Commercial banks' credit growth picture in Q1 through expert lens

Commercial banks' credit growth picture in Q1 through expert lens

Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, elaborates on the credit landscape in the first quarter of this year.
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.
Banks seek to bolster financial standing with capital hikes

Banks seek to bolster financial standing with capital hikes

Vietnamese banks are embracing capital hike plans to boost financial capacity.
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