Vietnam banks are confident in business outlook in 2021
As the government looks to push for public investment and the central bank keeps a low interest rate environment to aid economic growth, banks are expected to be the first beneficiaries from an economic rebound.
14:38, 2021/01/07
Banks report higher profit in 2020
The banking sector is set to have a bright outlook in case the economy return to the uptrend growth.
07:43, 2020/12/22
Vietnam banks speed up replacement of magnetic cards
To help accelerate the application of chip cards, most banks are offering the switch free of charge.
17:10, 2020/12/17
Vietcombank becomes largest cap company in Vietnam stock market
This is the first time that the state-run bank claims the first spot in the stock market in terms of market capitalization.
05:25, 2020/12/09
Large-cap stocks to boost Vietnam’s stock market by year-end
Investment funds unexpectedly divested capital from Vietnam’s stock market in October. However, the local securities market is still expected to rally in November and the last quarter, driven by strong growth of large-cap stocks.
00:23, 2020/10/02
Banking post Covid: five things that will and won’t change
Covid has made us focus as a society collectively on a range of ways of new solutions to familiar problems in order to help live our lives during a pandemic.
10:20, 2020/09/10
Large growth potential for Vietnam banking services in long-term
Many listed banks witnessed weak performance of fee income growth in the first six months of the year due to the Covid-19 pandemic.
16:33, 2020/03/05
Vietnam’s exchange-listed firms earn US$13 billion in profits in 2019
Banking and real estate continue to be the top two sectors in the stock market in terms of profit and growth rate.
15:19, 2020/02/19
Vietnam considers establishment of venture capital market
Prime Minister Nguyen Xuan Phuc has requested the creation of favorable legal environment and regulatory sandbox for IT companies.
13:57, 2020/01/23
Total assets of banks in Vietnam swell 9.12% to over US$518 billion
Total assets of commercial banks under state ownership accounted for 42.7% of the total in the banking sector, followed by joint stock commercial banks with 41.6%.