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Vietnam commercial banks report no losses in H1

Among 25 banks that have announced first-half business results, none reported losses and some have posted robust profit growth.

BIDV to sell 15 pct stake to South Korea’s KEB Hana Bank

BIDV would sell a 15 percent stake for VND20.295 trillion ($874 million) to KEB Hana Bank through a private placement.

Former chairman of top Vietnam bank dies in prison

Tran Bac Ha, former chairman of BIDV, died while being held for alleged banking violations in Hanoi.
July 18, 2019 | 02:01 pm GMT+7

Local banks continue issuing bonds to raise capital

Vietnamese banks are persisting with the issue of bonds to comply with credit safety regulations and meet rising credit demand.
May 28, 2019 | 10:45 am GMT+7

Vietnam banks among 500 most valuable brands

Four Vietnamese lenders, three state-owned and one private, are among the world’s top 500 most valuable brands this year.
February 15, 2019 | 02:23 pm GMT+7

Former banker arrested amid corruption crackdown

Police arrested a former executive of BIDV, a bank that has come under scrutiny amid national anti-graft campaign, in HCMC Tuesday.
January 10, 2019 | 12:11 pm GMT+7

Vietnam bank stocks downgraded on expectations of lower earnings

Securities companies have reduced target prices of bank shares by 10-20 percent, based on result of lower income forecasts.
December 12, 2018 | 08:59 am GMT+7

South Korean banks eye major Vietnam expansion

South Korean banks are setting themselves up to score big in Vietnam as foreign ownership limits would be loosened.
November 27, 2018 | 08:21 am GMT+7

SolarBK, BIC Insurance, BIDV offer households access to solar energy

Bach Khoa solar energy has tied up with BIC Insurance to offer a five-year warranty for its products.
October 02, 2018 | 08:00 am GMT+7

Vietnam’s top banks struggle to increase capital to meet global norms

Three top Vietnamese banks have been struggling to increase their capital to meet international adequacy norms.
September 26, 2018 | 02:54 pm GMT+7

Government to shed stakes in wholly-owned Agribank

Agribank’s IPO might be approved in October though it will not be happen until 2020.
August 31, 2018 | 11:02 am GMT+7

Moody’s upgrades Vietnamese banks’ ratings

Moody's on Tuesday upgraded the ratings of 14 Vietnamese banks following its recent upgrade of the country’s sovereign rating.
August 16, 2018 | 11:46 am GMT+7

Bottom line: Headless public banks thrive in Vietnam

Vietinbank and BIDV have lost their chairmen to retirement and a new job appointment, but they are doing just fine.
July 18, 2018 | 04:30 pm GMT+7

Another Vietnamese banker named for violations linked to massive banking fraud case

The former chairman of BIDV allegedly violated Party regulations when he let Pham Cong Danh borrow $206 million from his bank.
June 03, 2018 | 08:39 am GMT+7

Vietnam Party watchdog blames information ministers for $307 million loss in TV acquisition

Six senior officials ‘seriously violated the law’ in the state telco’s acquisition and should be punished, it said.
June 02, 2018 | 11:09 pm GMT+7
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