Vietcombank enters Asia’s Top 1000 list

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Báo điện tử CP English 10 hour(s) ago

VGP – The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) was the only Vietnamese bank to join the list of Asia’s Top 1000 Brands survey, the region’s most comprehensive research on consumer brand perception, presented by Campaign Asia-Pacific and based on an exclusive survey conducted by Nielsen.

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SBV looks to up foreign reserves

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Báo Đầu Tư English 15 hour(s) ago

The State Bank of Viet Nam’s transaction centre this week raised the reference buying rate for the US dollar by VND50 to VND22,725, revealing its intention to expand foreign reserves.

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HCM City remittances worth $2.1 billion in H1

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Báo Đầu Tư English 16 hour(s) ago

Remittances to HCM City in the first six months of the year were worth US$2.1 billion, marginally up from the same period last year, according to the State Bank of Viet Nam’s HCM City branch.

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Bank shares drive market down

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Báo Đầu Tư English 2 day(s) ago

Shares declined for the first time in the last three days as banks lost momentum on Wednesday on rising profit-taking pressure after a long rally.

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VN Index slips on profit-taking pressure

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Báo Đầu Tư English 3 day(s) ago 1 related news

The benchmark VN Index inched down 0.1 per cent to 766.4 points on Tuesday morning on rising profit-taking pressure, especially on large-cap stocks.

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Bank stocks rise on coming bad debt resolution

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Báo Đầu Tư English 4 day(s) ago 1 related news

Shares ended Monday on a positive note as banks reacted to information that the new bad debt settlement resolution will likely be approved by the National Assembly this week.

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Experts call to raise USD deposit rate

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Báo Đầu Tư English 4 day(s) ago

The policy of zero interest rate on USD deposits is showing some shortcomings and the State Bank of Vietnam (SBV) may need to increase it, especially in light of certain pressures on the VND/USD exchange rate.

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City banks create $5b link-up programme

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Báo Đầu Tư English 5 day(s) ago

A banking-enterprises link-up programme in HCM City has enabled 4,138 businesses to borrow over VND124.3 trillion (US$5.5 billion) from banks in the first five months of this year, a conference heard on Friday.

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Vietcombank receives 3 awards from Asian Banker Awards

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Báo điện tử CP English 1 week(s) ago

VGP - The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has been honoured with three awards from The Asian Banker at its annual summit held in Singapore recently.

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Hanwha Life VN inks deal with Shinhan Bank

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Báo điện tử CP English 1 week(s) ago

VGP - Hanwha Life Viet Nam has signed a strategic partnership deal with Shinhan Viet Nam Bank SM Ltd (Shinhan Bank) to sell bank insurance model (BIM) products.

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Moody's downgrades Sacombank

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Báo Đầu Tư English 1 week(s) ago

Ho Chi Minh City-based Sacombank’s long-term deposit and issuer ratings have been downgraded to Caa1 from B3 by Moody’s Investors Service. Its ratings outlook remains negative.

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Interest rates rising, banks stablising

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Báo Đầu Tư English 1 week(s) ago

A number of commercial banks have been increasing promotional rates for long-term deposits by 0.1 to 0.2 per cent per annum, along with issuing additional certificates of deposit, in an attempt to safely restructure their reserves, said Vuong Duy Lam of the National Institute for Vietnam Finance under the Ministry of Finance.

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Hanwha Life Vietnam and Shinhan Bank Vietnam sign bancassurance deal

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Báo Đầu Tư English 1 week(s) ago

Hanwha Life Vietnam today signed a strategic partnership deal with Shinhan Vietnam Bank SM that allows Hanwha Life Vietnam to deliver its insurance products through the bank's channels.

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Interest rates in inter-bank market drop for fifth week

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Báo Đầu Tư English 2 week(s) ago

Liquidity in the banking system has been positive as interest rates in the inter-bank market dropped for the fifth consecutive week.

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Financial stocks boost the markets

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Báo Đầu Tư English 2 week(s) ago

Shares extended gains on the two local stock exchanges on Wednesday morning because of strong investor buying.

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