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VietinBank issues bonds worth $43 million

VietinBank issues bonds worth $43 million

VietinBank, Vietnam’s fourth largest listed bank by market capitalization, is selling bonds worth VND1 trillion ($43 million) to the public.
South Korean firm to invest $700 mln towards cashless payment in Vietnam

South Korean firm to invest $700 mln towards cashless payment in Vietnam

Financial solutions firm Alliex will invest over $700 million to build shared Point of Sales (POS) across Vietnam.
September 21, 2019 | 09:00 am GMT+7
Vietnam’s dong falls to new low against the dollar

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
Vietnam currency falls to historic low

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
Vietcombank’s profit skyrockets, Vietinbank’s falls

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

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

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 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

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
Vietnam court upholds key decision in country's biggest-ever fraud case: victim's lawyer

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 | 04:21 pm GMT+7
Vietnam set to make key ruling on country's biggest-ever fraud case

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 29, 2018 | 02:04 pm GMT+7
Fitch upgrades Vietnamese banks’ ratings thanks to positive outlook

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 02, 2018 | 11:50 am GMT+7
Vietnamese banks named among world's most valuable brands

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 02, 2017 | 07:59 pm GMT+7
Vietnam's top bank BIDV gives in, pays cash dividend to government

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 | 03:09 pm GMT+7
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