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Some Vietnamese commercial banks have reported a dramatic dip in their bancassurance sales for the first half of the year as the sector navigates controversies and a historically low number of active life insurance contracts.
Banks expect to rely more on non-interest income sources in the face of the credit expansion slowdown and challenging business environment.
Renovation needed for logistics industry to thrive: insiders
HCM City’s office leasing market sees positive signs
Many banks have unveiled their third-quarter business results, showing a spike in their profits, leveraging well-conceived retail lending development strategy.