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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. 

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.

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

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

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 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

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

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

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

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

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

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

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.
August 01, 2016 | 12:15 pm GMT+7

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 14, 2016 | 01:11 pm GMT+7

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 | 06:24 pm GMT+7
 
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