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VietinBank
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VietinBank ranked highest of Vietnam’s banks in Top 100 ASEAN Banks 2016
Among the 19 Vietnamese commercial banks listed in the Top 100 ASEAN Banks 2016 report released on April 8, VietinBank claimed top spot in terms of core capital and pre-tax profit.
Vietnam banks slash loan rates to boost domestic business
Commercial banks have trimmed lending rates for businesses, putting a cap of 10 percent rate on medium and long-term loans, after the Prime Minister promised the business community a more favorable environment at a meeting on Friday.
Central bank faces uphill battle to lower lending interest rates
The governor of the State Bank of Vietnam promised to reduce the lending interest rate by one percent this year regardless of the challenges that face the sector such as the need for deposits and inflation pressure.
May 9, 2016 | 02:24 am PT
PG Bank, Vietinbank to merge in Q2: Petrolimex
State-controlled Petrolimex plans to complete the merger between its Petrolimex Group Commercial Joint Stock Bank (PG Bank) and Vietnam Bank for Industry and Trade (Vietinbank) in the second quarter of this year, the top oil company said in a statement Monday.
May 16, 2016 | 04:11 am PT
Vietnam’s third largest bank to sell its stake in SaigonBank
State-owned VietinBank will sell nearly 17 million holding shares in Saigonbank, equivalent to over five percent of the bank's charter capital, to reduce ownership cap down to about five percent with only 15.12 million shares.
May 20, 2016 | 10:25 pm PT
Vietnam sticks to $45- billion state budget collection plan this year
Prime Minister Nguyen Xuan Phuc has asked the Ministry of Finance, relevant ministries and local governments to strive to implement the 2016 state budget collection scheme, which has been approved by the National Assembly.
June 6, 2016 | 05:14 pm PT
Vietnamese banks ride along wave of Japanese tie-ups
Similar cultures and retail banking strategies are prime advantages for banking cooperation between Vietnam and Japan, and leading Vietnamese banks including Sacombank, Vietcombank, Vietinbank and Eximbank have hooked up with Japanese firms to become strategic partners.
June 20, 2016 | 03:24 am PT
Vietinbank tops Vietnam’s banking profits in the first six months
Vietinbank recorded a profit jump of more than 10 percent in the first half of the year.
July 13, 2016 | 10:11 pm PT
Vietnamese banks freeze online payments after cyber attacks at 2 major airports
Vietnam Airlines' customers may be at risk after alleged Chinese hackers stole personal details.
July 31, 2016 | 09:15 pm PT
Jetstar secures $117 mln credit deal with VietinBank to buy Airbus planes
The purchase was finalised last month during a visit to Vietnam by French President Francois Hollande
October 11, 2016 | 01:58 am PT
Vietnam's top bank BIDV gives in, pays cash dividend to government
The lender wanted to reinvest profits from the year 2015, but the finance ministry demanded cash payouts.
October 25, 2016 | 12:09 am PT
Vietnamese banks named among world's most valuable brands
BIDV, Vietinbank and Vietcombank have once again been listed in the top 500 banking brands compiled by Brand Finance.
February 2, 2017 | 04:59 am PT
Vietcombank, VietinBank lend $132 mln to upgrade former US airbase
The credit is to help expand the overloaded Cam Ranh International Airport in central Vietnam.
February 27, 2017 | 05:52 pm PT
Fitch upgrades Vietnamese banks’ ratings thanks to positive outlook
The global rating agency has credited major banks for higher capital levels and asset quality improvement.
March 1, 2018 | 08:50 pm PT
Vietnam set to make key ruling on country's biggest-ever fraud case
The perpetrator might be ruled to be responsible for returning the stolen money of $215 million instead of Vietinbank.
May 28, 2018 | 11:04 pm PT
Vietnam court upholds key decision in country's biggest-ever fraud case: victim's lawyer
The central perpetrator is responsible for returning some of the stolen money, rather than state-controlled VietinBank.
May 30, 2018 | 01:21 am PT
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 | 01:30 am PT
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 15, 2018 | 08:46 pm PT
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 30, 2018 | 08:02 pm PT
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