Private banks stepping up competition
Four state-owned commercial banks in Vietnam, namely, Vietcombank, VietinBank, BIDV, and Agribank, have held lead position in the banking industry since 2017.
Four state-owned commercial banks in Vietnam, namely, Vietcombank, VietinBank, BIDV, and Agribank, have held lead position in the banking industry since 2017.
Many experts and organizations are optimistic about the profit and growth prospects of the banking industry in 2022, due to the strong increase in credit demand, not too...
Talking to Customs News, Mr. Dang Tran Phuc, Chairman of the Board of Directors of AzFin Vietnam Joint Stock Company (an organization specializing in finance and...
All real estate transactions must be implemented through banks, the General Department of Taxation has proposed to the Ministry of Finance.
It's too early to tell how the ongoing Russia-Ukraine conflict will affect Vietnam's banking sector, said industry experts.
The deposit rates could go up further in the coming months due to a rise in inflation pressure, fierce competition from other markets….
A large number of central banks have lifted policy rates already and many more are waiting in the wings to kick off their own rate-hike cycles. However, a balancing act...
Banks have been increasing the attraction of deposits to have enough capital for the credit needs of customers. Credit demand is expected to increase from the first...
The stock market as well as the real estate market faced a worrisome issue in 2021. Credit increased strongly, in which retail credit was preferred by banks because the...
With an overall brand value growth of 49 percent, Vietnam’s banking sector is one of the fastest growing in the world, according to Brand Finance’s latest report on the...
Analysts of many foreign investment funds and local securities companies expect bank stocks will continue to record positive results in 2022.
Credit growth will be the main momentum for Vietnam's banking sector to get the best performance in 2022.
Some central banks hiked rates for the second month, while some others prepared for the first rate hike. How will this policy impact the currency market?
One major “side effect” of the COVID-19 pandemic, amidst the unprecedented toll that it has exacted, is that it has catalysed digital transformation across all sectors,...
After an explosive year in 2021, Vietnam's stock market had seen wobbly fluctuations in the first weeks of 2022. However, according to experts, when the economy has been...
The deposit growth rate of individual customers at banks slowed last year due to the impacts of the pandemic.
Although the prolonged Covid-19 pandemic has negatively affected the economy, the banking industry still retains bright colors in the profit picture in 2021.
Some said that the granting of credit growth limit s to banks on annual basis by the State Bank is under the “ask-give” mechanism, which is no longer necessary in...
When several banks announced the issuance of thousands of billion dong to mobilize medium and long-term capital at high interest rates, a rush for buying bonds followed,...
A number of Vietnamese banks plan to sell more shares to foreign investors in 2022 as part of set strategies.
In 2021, foreign capital invested in the banking and financial sector of Vietnam is increased, with deals amounting to more than US$1 billion. It is forecast that in...
Cybercrime is a burning issue for many industries, and the banking industry is no exception.