Category: Finance
Nam A Bank to list over 335 million shares on UPCoM
Nam A Bank is taking the final steps to list more than 335 million shares on the Unlisted Public Company Market (UPCoM) this year after three years of delay. The bank [...]
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Banks seek profit from non-traditional services
In recent forecast, Viet Dragon Securities Company (VDSC) stated that the expected income from non-traditional services (bancassurance, credit cards, and e-banking) will [...]
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Reference exchange rate goes up on October 18
The State Bank of Vietnam adjusted the daily reference exchange rate up on October 18, setting the rate at 22,717 VND per USD, an increase of 2 VND from the previous day. [...]
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SBV injects nearly VND 41tr in October H1
The recent report by Bao Viet Securities Company (BVSC) mentioned that in the week of October 8th 12th, the State Bank of Vietnam (SBV) net injected over 16.584 trillion dong [...]
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Three ‘bosses’ of Techcombank receive bonus of 300,000 TCB shares
Prior to the announcement of business results for the first nine months of the year, three top executives of Vietnam Technological and Commercial Joint Stock Bank [...]
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HCM City university students learn about life insurance
The advantages and challenges of the Vietnamese life insurance market were discussed at a meeting between the Insurance Association of Vietnam and Ton Duc Thang University in [...]
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VND devaluation less than many Asian countries thanks to solid macro foundation
The exchange rate pressure still exists in the last three months of the year, in the context when the US China trade war still has many unpredictable risks and the demand for [...]
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Real estate credit gradually tightened before the scheduled ‘time’
According to Circular 19/2017/TT-NHNN, banks have to reduce ratio of short-term capital used for medium and long-term loans from 45 percent to 40 percent from the beginning [...]
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The first bank announces Q3 financial statement
Vietnam Thuong Tin Commercial Joint Stock Bank (VietBank) has announced its consolidated financial statement in the third quarter (Q3) of 2018 with relatively impressive [...]
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Exchange rates trouble businesses at year end
Movements from international markets including the commercial war, the US Federal Reserve (Fed) raising interest rate and the domestic demand-supply factors are forecasted to [...]
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Reference exchange rate continues downward trend on October 17
The State Bank of Vietnam adjusted the daily reference exchange rate down for the third consecutive day on October 17, setting the rate at 22,715 VND/USD, a decrease of 2 VND [...]
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Non-cash payment: future just ahead
A key component of digital banking, the current prevailing trend, is digital payment. Vietnamese commercial banks have realised that in order to digitalise successfully, [...]
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Pressure to raise capital adequacy ratio according to Basel II standards
Raising capital is a difficult task for banks when the deadline for applying the international standard is close. Deadline for application of Basel II standard is close The [...]
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Will private banks achieve high credit growth?
The State Bank of Vietnam (SBV) will not grant more credit growth room except for special cases, and thus the credit growth will depend heavily on banks’ capital [...]
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Securities, real estate cool down, money ‘flows’ into bank savings
Investment channels of securities, gold, and real estate return high profit but always have hidden risks and unpredictable changes. Therefore, many people with idle money [...]
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