Techcombank to issue bonds worth $430 mln

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

Vietnamese food and agricultural giant Masan earned Q2 post-tax profit of VND1.19 trillion ($50.76 million), down 50.3 percent year-on year.

Two new Vietnamese names on Forbes magazine’s 2019 billionaire list are long-standing business partners.

The number of billionaires in Vietnam has risen to five in Forbes magazine’s 2019 list of world’s richest people released Tuesday.

Vietnam surpassed Singapore and Thailand to top Southeast Asia in initial public offerings (IPOs) last year, raising $2.6 billion.

The shares hit the lowest trading limit allowed on a stock’s maiden day of trading.

The bank is seeing strong growth in services such as credit cards, auto loans and bancassurance.

The bank, to be valued at $6.5 billion, will be the second-biggest in the country.

The pricing underlines strong demand for equity issues in Vietnam as the government speeds up a privatization drive.

The IPO will rank the bank among the 10 biggest listed local companies.

Vietnam Airlines' customers may be at risk after alleged Chinese hackers stole personal details.