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Vietcombank targets 12 pct profit growth

Vietcombank targets 12 pct profit growth

State-owned lender Vietcombank has announced credit growth and pre-tax profit targets of 12 percent and VND25.2 trillion ($1.09 billion) for 2021.
Vietcombank set for lower profit as lending slows

Vietcombank set for lower profit as lending slows

Vietcombank’s profits are set to decline for the first time since 2013 due to slower credit growth amid the Covid-19 pandemic, a brokerage forecast.
December 08, 2020 | 03:15 pm GMT+7
More domestic firms enter list of best workplaces

More domestic firms enter list of best workplaces

Though foreign firms continue to dominate the best workplace list, things are changing with more and more Vietnamese companies making the cut.
October 23, 2020 | 08:45 pm GMT+7
Vietcombank profit plunges

Vietcombank profit plunges

The pretax profit of state-owned lender Vietcombank in the third quarter fell over 20 percent to VND4.9 trillion ($210.9 million) over pandemic impacts.
October 22, 2020 | 09:03 am GMT+7
Vietcombank expects profits not to fall in H1

Vietcombank expects profits not to fall in H1

Vietcombank expects first-half profits to remain unchanged from the same period last year at VND11 trillion ($474 million).
June 27, 2020 | 11:23 am GMT+7
Finance industry crowds Forbes' Vietnam list of top 50 listed firms

Finance industry crowds Forbes' Vietnam list of top 50 listed firms

Banking, securities and insurance firms dominate Forbes Vietnam’s 2020 list of top 50 listed firms with 10 representatives.
June 03, 2020 | 07:28 am GMT+7
Vingroup makes jump in Forbes Global 2000 list

Vingroup makes jump in Forbes Global 2000 list

Vietnam's largest private company, Vingroup, and three of its biggest banks have climbed up the Forbes list of the world’s 2,000 largest listed firms.
May 15, 2020 | 01:29 pm GMT+7
Vietcombank pre-tax profit down 11 percent

Vietcombank pre-tax profit down 11 percent

Vietcombank’s Q1 pre-tax profit fell 11 percent year-on-year to VND5.22 trillion ($223 million) as it increased its credit risk reserves.
April 22, 2020 | 02:10 pm GMT+7
Finance industry rules Forbes Vietnam's top 100

Finance industry rules Forbes Vietnam's top 100

Forbes Vietnam’s list of 100 largest public companies has seen the dominance of banks, with 22 representatives ranked.  
December 31, 2019 | 04:00 pm GMT+7
‘Big 4’ banks low on capital, could stop lending

‘Big 4’ banks low on capital, could stop lending

Vietnam’s four major state-owned banks might have to stop lending due to their low capital adequacy ratios, a central bank official has warned.
December 03, 2019 | 12:01 pm GMT+7
10 top firms earn $4.7 billion in Jan-Sept pretax profits

10 top firms earn $4.7 billion in Jan-Sept pretax profits

Vietnam’s top 10 most profitable listed companies, half of them banks, earned Jan-Sept pretax profits of VND110 trillion ($4.7 billion).
November 06, 2019 | 05:06 pm GMT+7
Vietcombank to pull out of BNP Paribas insurance joint venture

Vietcombank to pull out of BNP Paribas insurance joint venture

Vietcombank is selling its stake in a JV with French life insurance firm BNP Paribas as part of a possible bancassurance deal with a foreign buyer.
November 05, 2019 | 10:32 am GMT+7
Vietcombank first local lender to open Australia branch

Vietcombank first local lender to open Australia branch

Vietcombank, one of Vietnam’s leading banks, has received approval from the central bank to open a branch in Australia.
October 11, 2019 | 07:26 pm GMT+7
Vietnam commercial banks report no losses in H1

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.
August 01, 2019 | 07:22 pm GMT+7
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