VietinBank

Several Vietnamese banks agree to finance EV purchases

July 22, 2024 | 19:58

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

May 17, 2024 | 07:50

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

May 13, 2024 | 16:30

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

April 04, 2024 | 15:14

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

Climate funds begin to make waves with domestic entities

February 07, 2024 | 21:53

The increasing focus on sustainable and eco-friendly initiatives in Vietnam is evident, with major financial institutions and cities launching substantial green investment funds.

Banks saw profit spike in Q4

January 30, 2024 | 09:44

Several banks have reported significant profit for last year, with many considering cash dividends to reward shareholders.

Banks containing threats of bad debt

January 26, 2024 | 15:48

Many banks experienced a surge in bad debts in the fourth quarter of last year, driving the need to consolidate capital buffers.

Banks remain prudent about 2024 targets

January 12, 2024 | 15:40

Despite seeing billion-dollar profits in 2023, many banks remain cautious about their 2024 business targets amid the current economic vulnerabilities.

Banks witness bleak profit results

August 11, 2023 | 14:47

Throughout the first half of this year, many banks – particularly smaller entities – have witnessed a sharp reduction in their profits.

VietinBank and MUFG Bank celebrate 10 years of strategic alliance

May 24, 2023 | 10:00

VietinBank and MUFG Bank Ltd. have marked the 10-year strategic alliance that has enabled both organisations to support the growth of Vietnam’s banking sector.

Modest bank growth projected this year

January 16, 2023 | 15:30

Last year saw major changes in the banking industry, with total assets of the commercial bank group growing strongly, and most banks entering the race to diversify services. In 2023, challenges lie ahead in the context of a downturn in the real estate cycle and a less positive outlook for exports.