Ahead of the ex-dividend date, VCB shares adjusted in proportion to 66,700 VND per share at the close of trading on March 12. This session saw both the stock price and...
On February 25, the SBV held a meeting with credit institutions to address strategies for stabilising deposit interest rates. As a result, banks such as Eximbank,...
SBV Deputy Governor Dao Minh Tu stated that an average credit growth of over 2% would contribute to a 1% increase in the country's GDP. Therefore, for 2025, the central...
Prime Minister Pham Minh Chinh has urged Vietnam’s banking sector to overcome challenges and limitations to achieve breakthroughs this year.
Bank stocks will deliver a strong performance again this year, partly because sector-wide bank earnings growth is expected to accelerate from 14 per cent in 2024 to 17...
The recovery of the real estate market, coupled with pressures from interest rates and exchange rates, is projected to drive credit growth in the...
The fertiliser, retail, livestock, banking and logistics sectors are expected to witness significant profit growth in the third quarter (Q3), ranging from 22% to an...
MBS forecasts that aggregate market net profit would rise by 9.5% year on year in Q2 2024, aided by a low base from the same time last year, as well as moderate...
The fact that the Vietnamese dong depreciated by a modest 2.9% year on year in 2023 indicated high stability and improved foreign exchange reserves compared to the end...
According to Ms. Pham Phuong Linh, an analyst from KBVN Securities Company, the source of bad debt risks in the banking industry is a subject of concern in 2024,...
The Government is taking steps to increase oversight of the banking and securities sectors in response to recent scandals, including those at Saigon Joint Stock...
The banking and financial sectors are in a transformative period with the rapid adoption of artificial intelligence (AI), but its widespread implementation currently...
The Government Office on July 31 issued a notice on Prime Minister Pham Minh Chinh’s opinions at a recent conference reviewing the performance of the banking sector in...
The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing...
Việt Nam's banking sector has invested over VND15,000 trillion in digital transformation by the end of 2022, according to the State Bank of Vietnam (SBV).
The Prime Minister said economic development had experienced some setbacks, with a recorded growth lower than last year. To adapt and, more importantly, to move the...
Foreign ownership limits at credit institutions were expected to be raised to an appropriate level to attract foreign investment, which plays an important role in...
It is forecasted that the Banking sector will continue to suffer from difficulties in 2023 due to tensions in the corporate bond market, real estate as well as the...
Last week, the State Bank of Vietnam decided to put Saigon Joint Stock Commercial Bank (SCB) under special control and revamped the bank’s management to help the bank...
As the pandemic retreats, Vietnam’s finance and banking sector have been proactively supporting the economy in its bounce back.
Although several industries are rebounding, they have not yet returned to their pre-COVID-19 levels of growth.
Prof. Dr. Pham Hong Chuong (pictured), Rector of National Economics University, said that risks in the commercial banking system are more obvious when there are many...
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