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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.

Three Vietnamese firms among Asia’s top 100 power performers

Five Vietnamese firms are among Asia’s 300 biggest and fastest and three of them are in the top 100.

Vietcombank records 41 pct surge in H1 pre-tax profits

Vietcombank has made VND11.3 trillion ($488.36 million) in consolidated pre-tax profits in the first half of this year,  a year-on-year increase of 41 percent.
July 13, 2019 | 02:21 pm GMT+7

Vingroup, three Vietnamese banks in Forbes’ Global 2000

Vietnam's largest private company Vingroup and three of its biggest banks are in Forbes’s list of 2,000 largest listed firms in the world.
May 30, 2019 | 11:24 am 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’s dong falls to new low against the dollar

The Vietnamese dong continued to fall against the U.S. dollar, going beyond its lowest level ever recorded on April 24. 
May 08, 2019 | 09:25 am GMT+7

Tax incentives can speed up cashless payment in Vietnam

Vietnamese banks are proposing tax incentives for businesses adopting e-payments as a way to boost cashless payments.
May 02, 2019 | 04:39 pm GMT+7

Vietnam currency falls to historic low

The Vietnamese dong has fallen to its lowest level ever against the U.S. dollar, and banks are fixing their exchange rates accordingly.
April 24, 2019 | 09:14 pm 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

Vietcombank’s profit skyrockets, Vietinbank’s falls

Two of Vietnam’s largest banks reported contrasting performances in 2018, with Vietcombank’s profits rising by 63.5 percent and Vietinbank’s falling by 27 percent.
January 14, 2019 | 09:37 am GMT+7

Vietcombank to sell 3 percent stake to foreign investors

Vietcombank, Vietnam’s largest bank by market cap, has received permission from the securities watchdog to sell a 3 percent stake to foreign investors.
January 07, 2019 | 11:52 am 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

Vietcombank gains preliminary agreements to open US office

Vietcombank VCB.HM has made a significant step in becoming the first Vietnamese bank to open a representative office in the U.S.
November 02, 2018 | 10:55 am GMT+7

Vietcombank files for private issue of 360 million shares

Vietnam's State Securities Commission has received an application from Vietcombank for a private placement of shares worth over $156.5 million.
October 19, 2018 | 08:00 pm 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
 
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