December 01, 2021 | 15:13
Amazon Web Services, Inc. (AWS), an Amazon.com company, on November 30 announced the general availability of AWS Outposts in Vietnam.
October 29, 2021 | 11:00
VPBank announced the completion of a 49 per cent stake sale of its consumer finance arm FE Credit by SMBC Consumer Finance Co., Ltd. (SMBCCF), a wholly-owned subsidiary of Japan’s Sumitomo Mitsui Financial Group Inc. (SMBC Group).
October 28, 2021 | 11:00
Recent loan and credit agreements among Vietnamese banks and international financial organisations are reinforcing faith in promoting long-term growth prospects in Vietnam through renowned banks.
September 22, 2021 | 09:00
Despite concerns over a deteriorating economic picture, both local and foreign-invested banks are laying fresh momentum in the capital hike race to supplement their adequacy ratio and intensify operations in Vietnam.
September 01, 2021 | 13:26
Moody's Investors Service has extended its review for upgrade on all long-term ratings and assessments of VPBank and its subsidiary FE Credit.
August 31, 2021 | 13:44
Banking technology vendor Mambu has won a deal with Cake, a new digital bank which is looking to offer a full suite of digital banking services.
July 30, 2021 | 15:27
VPBank will issue a maximum of more than 1.97 billion shares to existing shareholders to raise its charter capital.
July 30, 2021 | 13:46
Despite the unexpected turbulence from public health challenges, privately-held commercial banks in Vietnam are enjoying stellar profit bonanzas thanks to their full suite of minted financial services, alongside cost-effective drives and debt rescheduling roadmaps.
July 26, 2021 | 14:48
In the first half of this year, most banks have fulfilled more than half of their full-year profit targets despite COVID-19 complexities.
July 07, 2021 | 15:13
Given their financially sound cornerstone and professional know-how, Japanese megabanks are actively exploring sensible bolt-on opportunities of banks in Southeast Asia, including Vietnam, as a critical part of their international market expansion.
May 25, 2021 | 21:26
International expertise and solid financial support are vaulting some consumer finance companies in Vietnam ahead of their peers, and also presenting opportunities for both sides to deploy excess capital and diversify their business.
May 20, 2021 | 08:45
VPBank has just announced setting its maximum foreign ownership limit at 15 per cent, with plans to make a private placement for a foreign strategic investor.
May 18, 2021 | 17:04
Dragon Capital increased its ownership rate in VPBank (VPB) to 5.12 per cent, becoming its largest foreign shareholder.
May 04, 2021 | 11:23
Although the pandemic is still taking a serious toll on the economy, foreign investors are banking on cross-border mergers and acquisitions in the financial industry, especially in consumer finance and retail banking, illustrating the urgency to acquire new capabilities.
February 06, 2021 | 14:01
Due to the COVID-19 pandemic, FE Credit reported a decrease in its pre-tax profit while its non-performing loans increased to 6.6 per cent in 2020.