Regional, international financial centers mean boosters to Vietnamese economy: Deputy PM
Ho Chi Minh City envisions its financial center encompassing the money market, banking system, capital market, and derivatives market.
17:51, 2025/01/07
Vietnam prioritizes agriculture and renewable energy for access to green loans
The move is part of the government’s effort to accelerate economic restructuring and build resilience to climate change while protecting the environment.
16:49, 2025/01/06
Vietnam GDP expands by 7.09% in 2024
The 2024 growth rate is considered positive amidst global uncertainties and domestic challenges such as natural disasters.
14:39, 2025/01/04
Vietnam stock market set to accelerate in 2025: Experts
Stable macroeconomic fundamentals, ongoing institutional reforms, and favorable monetary policies will be positive for corporate earnings.
15:25, 2018/04/24
Vietnam in top 10 of remittance recipients
Last year, Vietnam is ranked 10th among top countries receiving the largest amount in remittances with US$13.8 billion, equivalent to 6.4% of GDP, according to World Bank`s latest Migration and Remittances report.
12:48, 2018/04/24
SHB's profit in first quarter at US$22 million
SHB posted profit at VND502 billion (US$22 million) in the first quarter, making it feasible for the lender to reach its pre-tax profit target of VND2 trillion (US$87.7 million) in 2018.
15:52, 2018/04/23
Vietnam's government to borrow US$16.8 billion in 2018
The Prime Minister Nguyen Xuan Phuc has approved Decision No. 437 on the government`s borrowing of VND384 trillion (US$16.8 billion) and paying VND256.7 trillion (US$11.2 billion) in debt.
21:24, 2018/04/22
SSI targets 18% brokerage market share
Saigon Securities Incorporation (SSI) set brokerage market share at around 17 - 18%, said the company at its annual general meeting on April 20.
14:05, 2018/04/21
VPBank announced pre-tax profit of US$114.2 million in first quarter
VPBank`s pre-tax profit is posted at VND2.6 trillion (US$114.2 million) in the first quarter, up 36% year on year, according to the bank`s consolidated financial report.
14:05, 2018/04/21
Vietcombank posts record-high profit in first quarter
Vietcombank`s pre-tax profit set a new height at VND4.3 trillion (US$189 million) in the first quarter, up 59% year on year, according to the bank`s consolidated financial report.
16:31, 2018/04/20
MBS targets over six-fold jump in profit
In 2018, MB Securities (MBS) set its profit at VND160 billion (US$7 million), 6.6 times higher than that of in 2017, while its revenue is expected to reach VND881 billion (US$38.5 million), up 4% compared to previous year.
16:29, 2018/04/20
HDBank to merge with PGBank
HDBank has announced that its shareholders have approved a plan to merge with unlisted PGBank in a share-swap deal on April 20.
14:28, 2018/04/19
Banks see both potentials, risks in consumer lending
Big profits gained from consumer lending of some banks are helping the segment attract new entrants, however, some others are still out of this wave or have even withdrawn from the game due to concerns about the risks.
16:50, 2018/04/18
Vietcombank targets US$570 million in profit
Vietcombank set its pre-tax profit at VND13 trillion (US$570 million) in 2018, up 14.6% compared to 2017, stated the bank`s document in prepared for its annual general meeting.
14:26, 2018/04/18
SHB aims for US$87.9 million in profit
SHB set pre-tax profit target of VND2 trillion (US$87.9 million), up 6.5% compared to 2017, said the bank`s document in prepared for the annual general meeting.
11:44, 2018/04/18
Vietinbank set pre-tax profit at US$474.6 million
In 2018, Vietinbank set its pre-tax profit at VND10.8 trillion (US$474.6 million), up 17.3% year on year, stated the bank`s annual report.
14:13, 2018/04/17
Government takes bold actions to cut logistics costs
Prime Minister Nguyen Xuan Phuc tasked relevant ministries to rapidly improve the logistics industry as high logistics costs have become a major barrier for businesses and reduced the competitiveness of the national economy.
17:07, 2018/04/16
PM directs to tighten virtual currencies management
Prime Minister Nguyen Xuan Phuc has recently issued Directive No. 10/CT-TTg, tightening the management of activities related to Bitcoin and other virtual currencies.
09:03, 2018/04/16
HSBC Vietnam recorded profit of US$96.7 million in 2017
HSBC Vietnam posted its pre-tax profit at VND2.2 trillion (US$96.7 million) in 2017, increasing 24% compared to 2016, informed the bank`s summarized 2017 financial report.
17:08, 2018/04/15
MB Bank posts profit at US$76.6 million in first quarter
The MB Bank announced its quarterly financial report on April 14 with pre-tax profit at VND1.74 trillion (US$76.6 million), up 65% year on year.
11:12, 2018/04/13
BIDV set profit target of US$408 million
BIDV set its pre-tax profit at VND9.3 trillion (US$408 million) in 2018, up 7.3% year on year.
18:54, 2018/04/12
TPBank set profit target of VND2.2 trillion in 2018
TPBank set pre-tax profit in 2018 of VND2.2 trillion (US$96.2 million), up 82.42% compared to 2017, said in the bank`s document prepared for annual general meeting.
16:30, 2018/04/11
Total state budget's revenue exceeds US$13.5 billion
For the first quarter, total state budget exceeded VND308 trillion (US$13.5 billion), equivalent to 23.4% of the year estimation and up 5.3% year on year.
22:27, 2018/04/10
HSC set revenue growth target at 52% in 2018
Ho Chi Minh Securities Corporation (HSC) set revenue target in 2018 at VND2.1 trillion (US$92.4 million), up 52% year on year.