Vietnam stocks jump most in 11 years Wednesday amid global gains
Analysts at MB Securities and Yuanta Securities reckoned Wednesday’s rally is a short-termed rebound.
09:16, 2020/02/11
Foreign banks start consumer finance boost in Vietnam’s market
Foreign banks have decided to boost consumer finance loans as the business segment is forecast to maintain double digit growth this year.
12:31, 2020/02/07
Vietnam banks record highest increase in brand value: Brand Finance
With five new banks included in this year’s Brand Finance Banking 500, the total number of Vietnamese banks in the global top 500 banks in brand value hits nine.
12:12, 2020/02/07
Vietnam banks pledge to support business sectors hit by nCoV
The central bank is willing to support liquidity for credit institutions, if needed, as they start providing financial support for the economy.
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%.
11:33, 2020/01/14
IFC no longer major shareholder of Vietinbank
After the transactions, the International Finance Corporation (IFC) and IFC Capitalization Fund now hold 185.8 million shares, or a 4.99% stake.
10:02, 2020/01/11
Foreign financiers deepens engagement in Vietnamese market
Rising foreign investment flow in Vietnam has prompted overseas banks to expand operation in the country.
11:19, 2020/01/06
Top 10 public firms in Vietnam post market cap of US$88 billion
Nine out of the ten largest cap companies continued to lead the classification compared to 2018, but their rankings are now changed.
16:37, 2020/01/04
Vietnam c.bank's new circular to turn US$1.73 billion required reserves to loans
The circular lists cases that credit institutions are granted a reserve requirement waiver or a lower reserve requirement ratio.
16:04, 2019/12/30
Vietnam’s 4 state-run banks to qualify for Basel II in 2020
By the end of 2020, all commercial banks are required to meet Basel II standards, a condition for local lenders to expand their respective credit growth limit and increase registered capital.