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Many Vietnam commercial banks fail to meet listing plans
Under the prime minister’s plan on restructuring the stock market and the insurance market until 2020, with a vision towards 2025, all commercial banks are required to float shares before 2020.
01:50, 2019/12/24
Vietnam banks' capital to remain weak after Basel II delay: Fitch Ratings
Fitch analysts were upbeat about continued strong economic growth in Vietnam, which makes near-term stress unlikely and underpins their stable outlook for the banking sector.
11:27, 2019/12/18
Vietnam government to consider reducing ownership at state-run commercial banks
Vietnam is committed to opening the financial market to foreign investors, particularly in financial services.
19:11, 2019/12/02
Total assets of banks in Vietnam increase 9% to nearly US$520 billion
The total assets of commercial banks under state ownership accounted for 43.4% of the total of the banking sector, followed by joint stock commercial banks with 41.4%.
16:55, 2019/11/20
IFC divests stake at Vietnam’s state-run Vietinbank
The International Finance Corporation (IFC) remains a major shareholder of Vietinbank with a nearly 6.5% stake.
22:28, 2019/11/06
Vietnam’s credit growth projected to reach 10-year low of 13.2% in 2019
The slow growth comes mainly from state-owned banks, which have become more stringent on their loan disbursements.
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