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.
15:39, 2018/03/05
Techcombank plans to sell treasury shares to US or EU investors
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) set plans to sell more than 158 treasury shares to foreign investors with priority to those from the United States or European Union.
09:33, 2018/03/05
Vietnam: Banks need to recruit more employees for newly-opened branches
Many banks throughout the country need to recruit more employees for their newly opened branches this year or to replace staff members who quit their jobs before Tet Holiday.
16:27, 2018/03/02
Vietnamese banks join top 500 most valuable banking brands
VietinBank, BIDV, and Vietcombank have been named among the top 500 most valuable banking brands in 2018, according to Brand Finance`s report on February 1.
16:56, 2018/02/24
Vietcombank to offload 10% stake to foreign investors
Vietcombank is planning to sell more than 350 million shares, or a 10% stake, to foreign investors in the first half of 2018 after securing the government`s approval.
16:06, 2018/02/24
Total assets in banking sector exceed US$412 billion
The total assets of the banking sector reached VND9,400 trillion (US$412 billion) as of October 31, 2017, up 10.87% compared to the beginning of the year, according to the latest report of the State Bank of Vietnam (SBV).
14:00, 2018/02/09
Fees and retail banking services to become mainstay of banks in 2018
Commercial banks expect revenue from fees and retail banking services will become their main income sources this year thanks to rising market demands.
13:57, 2018/02/05
Moody’s: positive credit at Vietnamese banks through resolving legacy problem assets
Some Vietnamese banks have made good progress to resolve legacy problem assets, assessed Moody’s in its latest rating outlook on February 5.
14:52, 2018/02/04
20% Vietnamese adults accessible to financial services
One in five Vietnamese adults is accessible to official financial service, said in International Financial Company (IFC)’s recent report.
13:48, 2018/01/30
KB Vietnam Securities officially launched
The brand "KB Securities Vietnam" was officially launched in the presence of guests and stock market regulators in Vietnam and Korea on January 29 in Hanoi, laying the premise for strong development in the future.
17:10, 2018/01/29
Moody’s urges Vietnam to restrict accommodative monetary policy
Vietnam should be cautious with more monetary accommodation as it could pose risks to the economy and the banking sector, Moody’s Investors Service said.
13:04, 2018/01/28
SBV urges banks to facilitate bad debts resolution
Banks are requested to step up efforts in tackling bad debts and improving the safety of the banking sector, heard in the recent statement from the State Bank of Vietnam (SBV).
11:19, 2018/01/26
SBV to tighten capital inflow to high-risk fields
The State Bank of Vietnam (SBV) has urged credit institutions to tighten lending to high-risk fields.
12:58, 2018/01/24
Foreign inflows to Vietnam’s securities market hit 10-year high in 2017
Foreign capital inflows to Vietnam’s stock market reached a 10-year high in 2017, making it the third fastest-growing market globally, according to the State Securities Commission (SSC).
09:35, 2018/01/22
Reasons behind commercial banks’ skyrocketed profit in 2017
2017 witnessed numerous Vietnam`s commercial banks with record-breaking profit.
18:36, 2018/01/21
Half of Vietnamese adults have no bank accounts
The Vietnam National Financial Inclusion Strategies (NFIS) has remained low with only half of Vietnamese adults having bank accounts, according to the State Bank of Vietnam (SBV).
13:55, 2018/01/20
VAMC to handle billions dollar of bad debts in 2018
Vietnam Asset Management Company (VAMC) set the target of handling VND140 trillion (US$6.1 billion) worth of bad debts it had purchased in 2018.
12:16, 2018/01/20
Bank loans targeted to production and business
The State Bank of Vietnam (SBV) has so far this year taken actions to better direct loans flowing into production, business and prioritized sectors, aimed to support firms.
02:50, 2018/01/20
Standard Chartered Bank: 'We are committed to Vietnam’s growth'
Mr. Nirukt Sapru, CEO of Vietnam and ASEAN and South Asia Cluster Markets, Standard Chartered Bank, explains in detail to Hanoitimes’ Ngoc Lam the bank’s decision to divest its entire stakeholding from ACB.
08:30, 2018/01/18
Vietcombank breaks Vietnam’s pre-tax profit record
Vietcombank’s consolidated pre-tax profit in 2017 reached VND11 trillion (US$485 million), a sharp increase of 32.9% over the last year and 16% higher than the target, making it the most profitable bank in the Vietnamese banking sector.
07:56, 2018/01/17
VietinBank reported high profit in 2017
VietinBank’s consolidated pre-tax profit in 2017 reached VND9.2 trillion (US$405 million), equivalent to 105% of its annual target, making it the second largest bank in Vietnam in term of profit, after Vietcombank.