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Vietnam > Finance

Bank tickers anticipated upbeat momentum ahead

18/08/2018 15:55 | 0 comments

Despite some corrections in the first half, bank tickers are expected to lead the market in the second half, buoyed by dwindling provisioning and upbeat profit prospect.

Vietnam > Finance

Techcombank, TPBank finalise capital hike plans

18/08/2018 15:40 | 0 comments

The State Bank of Viet Nam (SBV) has recently announced the revision of licensing certificates for TPBank and Techcombank after the two banks finalised their capital hike plans.

Vietnam > Finance

Non-life insurers plan to increase premiums from bancassurance

17/08/2018 13:25 | 0 comments

Many large non-life insurance companies plan to increase the contribution bancassurance makes to their total premium revenue this year.

Vietnam > Finance

LienVietPostBank lowers targets, focusing on sustainable development

17/08/2018 10:47 | 0 comments

LienVietPostBank has decided to lower its main business targets for the year as it attempts to expand its network and focus on technology and sustainable development.

Vietnam > Finance

Moody’s takes rating actions on VIB

16/08/2018 13:48 | 0 comments

Ratings agency Moody’s Investors Service has announced its ratings report on Vietnam International Bank, also known as VIB, and other local banks in Viet Nam.

Vietnam > Finance

Overnight interest rate doubles to 4.42%

16/08/2018 07:47 | 0 comments

Interest rates on the inter-bank market have surged strongly in the past week despite the central bank’s net injection of VND14.4 trillion (US$612.76 million).

Vietnam > Finance

Vietnam Airlines ties up with Sacombank, Napas for discount

16/08/2018 07:46 | 0 comments

Sacombank, the National Payment Corporation of Viet Nam (Napas) and Vietnam Airlines have announced a promotion programme for Sacombank Plus debit card holders buying tickets on the airline.

Vietnam > Finance

Moody’s upgrades ratings of 14 Vietnamese banks

16/08/2018 07:44 | 0 comments

Moody’s Investors Service on Tuesday upgraded the ratings of 14 Vietnamese banks, driven by its upgrade of Viet Nam’s sovereign rating to Ba3 from B1 late last week.

Vietnam > Finance

Gov’t approves strategy for bank expansion by 2025

15/08/2018 09:41 | 0 comments

Viet Nam aims to have at least 2 or 3 banks in Asia’s top 100 largest banks in terms of assets by 2025.

Vietnam > Finance

ACB gets nod to increase charter capital to over $548 million

15/08/2018 08:06 | 0 comments

The State Bank of Viet Nam has approved Asia Commercial Bank (ACB)’s proposal to increase its charter capital from VND11.25 trillion (US$479 million) to VND12.88 trillion ($548.34 million).

 
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