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.
Cross-border QR payments launched for Chinese tourists

Cross-border QR payments launched for Chinese tourists

A new cross-border QR payment service aims to offer seamless transactions for tourists while boosting trade and financial connectivity between Vietnam and China.
Banks set to boost capital and reward shareholders

Banks set to boost capital and reward shareholders

Several Vietnamese lenders issue share dividends to lift capital and reward shareholders.
Banks accelerate capital hikes amid Basel III push

Banks accelerate capital hikes amid Basel III push

Vietnamese banks are boosting their charter capital through stock dividends and share issuances to strengthen resilience and meet global standards.
Banks see NPL relief as credit rebounds and Resolution 42 takes effect

Banks see NPL relief as credit rebounds and Resolution 42 takes effect

Banks are seeing NPLs decline, with further relief expected as credit growth picks up and Resolution 42 is formalised to streamline debt recovery.
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.
Overhaul of legal framework aims to tackle bad debts

Overhaul of legal framework aims to tackle bad debts

Reforms to ownership limits and bad debt resolution are expected to accelerate banking sector restructuring and strengthen financial stability.
Low valuations of bank stocks offer room for recovery

Low valuations of bank stocks offer room for recovery

Bank stocks face short-term pressure but offer long-term upsides, as low valuations, asset quality improvements, and policies shape investor sentiment.
Banks join forces to support infrastructure and technology investments

Banks join forces to support infrastructure and technology investments

Commercial banks have hailed the government’s $20 billion credit package aimed at supporting infrastructure and digital technology.
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.
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