Smaller banks overtake giants in profit growth

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Báo Đầu Tư English 2 month(s) ago

Although commercial banks have yet to release their financial reports for the second quarter of 2017, many of them revealed their operating results in the first five or six months of 2017. Accordingly, some small and medium-scale banks overtook the giants of the Vietnamese banking industry in terms of profit growth.

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Non-performing loans at banks vary

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

The ratio of non-performing loans (NPLs) at banks in the first quarter of this year is was varied, according to a daily report by Bao Viet Securities Corp (BVSC).

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Reference exchange rate goes up VND12

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SaiGon GP English 5 month(s) ago

The daily reference exchange rate for VND/USD was set at VND 22,258 per USD on March 9, up VND 12 from the day before.

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Analysis: Basel II bank performances

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Báo Đầu Tư English 6 month(s) ago

Updated financial reports coming from nine out of 10 banks, consisting of Vietcombank, Vietinbank, BIDV, VIB, ACB, Techcombank, VPBank, MB, and Sacombank (leaving Maritime Bank out of the list as its latest reports were dated 2015) that are to implement Basel II requirements by 2018, showed that the percentage of income generated by banks arose chiefly from credit activities.

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Bank employees to enjoy huge Tet bonus

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Báo Dân Trí English 7 month(s) ago

Several banks in Vietnam are planning to give employees huge Tet bonuses this year.

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VN bank profits surge on services, not lending

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Báo Đầu Tư English 10 month(s) ago

Some commercial banks have reported high profits in the first nine months of the year thanks to a restructuring effort which focuses on services instead of lending as previously done.

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Banks on the defense following Vietnam Airlines data breach

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Báo Tuổi Trẻ English 13 month(s) ago

Banks on the defense following Vietnam Airlines data breach

Two Vietnamese commercial banks have taken measures to protect customers who have used their cards in transactions with Vietnam Airlines, in the wake of a breach concerning more than 400,000 membership credentials of the national flag carrier.

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Vietnam's consumer loans see 5-year high growth, top $15 billion

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Báo Thanh Niên English 16 month(s) ago

Driven by a "significant" change in Vietnamese borrowing behavior and high demand for housing loans, loans in Vietnam's consumer finance market rose 44.1 percent to US$15.12 billion in 2015, according to new data.

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Vietnamese banks catching up with regional peers in service quality

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Báo Đầu Tư English 16 month(s) ago

Vietnamese banks catching up with regional peers in service quality

The country awards that Vietnamese banks received at the Asian Banker Summit award ceremony held on May 10 evening is confirmation of the effort they made to improve their products and services, according to deputy governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong.

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Vietnam Airlines' rebranded offshoot set for first flight this summer

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Báo Thanh Niên English 18 month(s) ago

Vietnam Airlines' rebranded offshoot set for first flight this summer

A VASCO airplane at Con Dao Airport in southern Vietnam. Photo: Mai Vong

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State warned it may lose capital on Vietnam Airlines’ proposal

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VietnamNet English 18 month(s) ago 2 related news

State warned it may lose capital on Vietnam Airlines’ proposal

VietNamNet Bridge - The Vietnam Airlines Corporation (VNA), the national flag air carrier, has asked for permission to contribute capital to set up a new carrier under the mode of a joint stock company.

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Viet Nam Airlines sets up airline

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Báo Đầu Tư English 18 month(s) ago

Viet Nam Airlines sets up airline

Viet Nam Airlines Corp officially set up a new airline based on the restructuring of its subsidiary Vietnam Air Services Co. (VASCO), the national carrier said in a press release on Monday.

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Vietnam Airlines shakes hands with local bank to form new carrier

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Báo Tuổi Trẻ English 18 month(s) ago

Vietnam Airlines shakes hands with local bank to form new carrier

Vietnam’s national airline and a local bank have decided to establish a new carrier based on a current aviation firm.

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Breakfast @ Tuoi Tre News – March 8

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Báo Tuổi Trẻ English 18 month(s) ago

Breakfast @ Tuoi Tre News – March 8

Politics

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Vietnam Airlines' to privatise VASCO

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Báo Dân Trí English 18 month(s) ago 1 duplicate news

Vietnam Airlines' to privatise VASCO

Vietnam Airlines’ spokesperson Le Hoang Dung said the national flag carrier was planning to privatise VASCO - Vietnam Air Services Company.

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