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banking sector
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Banks raised wages, added staff in 2015
Banks hired more people and increased wages last year, according to figures from the financial reports of major lenders.
S.Korea's Woori Bank to form Vietnam unit by July
South Korea's Woori Bank expects to establish a Vietnam unit this month or in July, a bank official said on Tuesday, as part of the lender's plans to expand its network in the expanding market of Southeast Asia.
Online lending booms in Vietnam, but lack of regulations a worry
P2P lending, or online lending, is growing rapidly in Vietnam, leaving experts worried over the lack of a legal framework for its regulation.
October 11, 2018 | 07:44 pm PT
Bank credit growth likely to fall below target: securities firms
Securities companies forecast banking credit growth this year to be 12-13 percent, lower than the central bank's 14 percent target.
August 14, 2019 | 08:01 pm PT
Jailed senior banker faces another criminal probe
A former Vietnamese bank executive serving a 30-year jail term for embezzlement will be investigated for appropriating property.
August 19, 2019 | 05:50 am PT
2019 credit growth lowest in 5 years
Vietnam’s banking sector recorded a credit growth of 13.5 percent year-on-year in 2019, the lowest since 2014.
January 2, 2020 | 07:43 pm PT
Banks not to splurge on Tet bonuses despite surging profits
Banks are likely to be conservative about paying Lunar New Year bonuses though many reported a big jump in profits last year.
January 15, 2020 | 08:25 pm PT
ATMs stutter during busy Lunar New Year lead-up
Many people in Hanoi and Saigon were unable to withdraw cash from ATMs while online bank transfers also took longer than usual during weekend.
January 19, 2020 | 06:38 pm PT
PM seeks Japanese Mizuho Bank's aid for banking restructuring
Prime Minister Pham Minh Chinh requested assistance from Mizuho, one of Japan's three largest banks, for the restructuring of Vietnam's underperforming banks.
December 18, 2023 | 06:54 am PT