Minh Binh News Today

Due to lower lending interest rates, slow credit growth and rising bad debts, commercial banks have increased their provision expenses.

VietinBank and MUFG Bank Ltd. have marked the 10-year strategic alliance that has enabled both organisations to support the growth of Vietnam’s banking sector.

After a tumultuous year in 2022 with VND interest rates continuously increasing, it is expected that a sideways trend will prevail in 2023.

Indochina Kajima Development Ltd., a joint venture from Indochina Capital and Kajima Corporation, last week signed a strategic partnership with VietinBank with the aim to provide the market with innovative real estate that addresses both current and future demands.

Bank and real estate giants team up 09:51 | 26/04/2021 The Indochina Kajima joint venture will be assisted by VietinBank’s know-how in financial services and more With an investment commitment of $1 billion in Vietnam, Indochina Kajima aims to develop a portfolio of resorts, urban hotels, residential areas, offices, and industrial projects. It is committed to creating innovative real estate, enriching the communities in which it operates. The company’s ...

Real estate businesses shake hands with banks to increase benefits for buyers 15:08 | 26/04/2021 The partnership between real estate developers and banks have created preferential credit solutions, reduced opportunity costs, and increased returns for buyers. Trinh Tuan Anh, a resident in District 2, Ho Chi Minh City plans to invest VND6 billion ($260,870) in real estate, in a townhouse in the satellite area of Ho Chi Minh City to capitalise on lucrative opportuni...