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Banks saw profit spike in Q4

Several banks have reported significant profit for last year, with many considering cash dividends to reward shareholders.

Jens-lottner , Mb-bank , Chi-minh-city-based , Banks , Profit-picture , Vietcombank , Vietinbank , Acb ,

Banks containing threats of bad debt

Many banks experienced a surge in bad debts in the fourth quarter of last year, driving the need to consolidate capital buffers.

Saigon , H-chíinh , Vietnam , Republic-of , Nguyen-thanh-tung , Tran-binh-minh , Saigon-bank , Thanh-tung , Binh-minh , Banks , Bad-debt

Banks remain prudent about 2024 targets

Despite seeing billion-dollar profits in 2023, many banks remain cautious about their 2024 business targets amid the current economic vulnerabilities.

Vietnam , Republic-of , Shantanu-chakraborty , Thanh-tung , Asian-development-bank , Development-of-vietnam , Mirae-asset-vietnam , Banks , Profit , Vietcombank , Bidv , Vietinbank

Vietcombank launches the Visa Infinite Credit Card

Vietcombank introduced the premium Visa Infinite Credit Card on December 1.

Vietnam , Republic-of , Kim-oanh , Jw-marriott-hotel-hanoi , Priority-customer-service , Visa , Vietcombank-visa-infinite-credit-card , Elite-diamond , Vietcombank-visa-infinite , Diamond-shine , Diamond-charm , Visa-infinite-credit

Meeting customer needs bolsters Vietcombank

It is the time of the year that the demand for credit often soars to keep abreast with demand from individuals and businesses at the year-end. Nguyen Thanh Tung, CEO of Vietcombank, scrutinised the lender’s measures to bolster credit growth and surmount challenges in the current context with VIR’s Nhue Man.

Hanoi , Han-i , Vietnam , Republic-of , Nguyen-thanh-tung , Ocean-bank , Construction-bank-cbank , Thanh-tung , Construction-bank , Vietcombank , Guyen-thanh-tung , Redit

Factors affecting bank profit outlook this year

Although the profit picture of most banks was upbeat in the first half of this year, the factors that impact bank performance are forecast to change.

Vietnam , Republic-of , Netflix , Facebook , Mb-bank , Forecasting-department , Google , Vietnam-international-bank , Department-of-taxation , Hd-bank , State-bank

Local banks seek foreign funding

Large sums of foreign currency flowed into the accounts of local commercial banks in the first half of this year, with many more deals in the pipeline.

Quang-hien , Ninh-bì , Vietnam , Republic-of , Japan , Quang-vinh , Thánguyêvm , Hanoi , Han-i , Japanese , Vietnamese , Pham-thien-quang

Reference exchange rate up 3 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,621 VND/USD on May 9, up 3 VND from the previous day.

Reference-exchange-rate- , Usd- , Vietcombank , Vnd ,

Reference exchange rate unchanged on April 5

The State Bank of Vietnam set the daily reference exchange rate at 23,602 VND/USD on April 5, unchanged from the previous day.

State-bank-of-vietnam- , Reference-exchange-rate- , Vietcombank ,

Reference exchange rate unchanged at week's beginning | Thời báo Tài chính Việt Nam

The State Bank of Vietnam set the daily reference exchange rate at 23,600 VND/USD on April 3, unchanged from the last working day of previous week (March 31).

Daily-reference-exchange-rate- , Commercial-banks- , State-bank-of-vietnam- , Vietcombank ,