Pacifico Energy Vietnam secures $28.5 million financing for wind farm venture

Pacifico Energy Vietnam secures $28.5 million financing for wind farm venture

Pacifico Energy Vietnam has announced the closing of up to $28.5 million in senior debt financing from VietinBank for its utility-scale Sunpro Wind Farm.
Stock market buoyed by upbeat earnings forecasts

Stock market buoyed by upbeat earnings forecasts

Preliminary earnings reports from major firms are painting a brighter picture for the stock market.
MUFG N0W champions sustainable innovations and strategies

MUFG N0W champions sustainable innovations and strategies

A recent Hanoi event on green development has discussed how Vietnam’s key industries have collaboratively adopted relevant production strategies while fostering suitable supply chains.
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.
KCN Vietnam Group signs comprehensive partnership with VietinBank

KCN Vietnam Group signs comprehensive partnership with VietinBank

KCN Vietnam Group JSC and VietinBank signed a comprehensive partnership agreement on March 14.
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 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.
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.
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.
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.
Lenders increase provisioning to protect against bad debt

Lenders increase provisioning to protect against bad debt

Banks remain worried about bad debt despite an extension of the debt rescheduling period until the end of the year.
Banks eye rosier prospects in Q1

Banks eye rosier prospects in Q1

The banking sector has had a promising first quarter, with strong forecasts set for the rest of the year.
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