Lenders on course to reach 2021 targets 08:00 | 13/05/2021 Favourable legislation from the Vietnamese government, stronger demand for credit, and more affordable cost of capital after policy rate cuts have provided a shot in the arm for banksâ profit. HDBank recorded a rise of 68 per cent in on-year profit figures for the first quarter of 2021. Photo: Le Toan Public health challenges have thrown the whole economy into wild gyrations, but banks operating in Vietnam still reported a stellar performance in this first quarter of this year. As of March, the OCB reported a 15.3-per-cent increase in its pre-tax profit, equivalent to 23 per cent of the whole yearâs target. Its total assets reached over VND160.4 trillion ($7 billion), up 5 per cent compared to December.