Finance

Many banks prioritise seeking foreign strategic investors

During this year's AGM season, many banks' boards and shareholders showed strong interest in securing foreign strategic partners.

Bad debt legislation to unlock credit

A more robust legal system is crucial to unlocking over $160 billion in credit resources as Vietnam moves to amend the Law on Credit Institutions...

Government approves two-year trial of P2P lending

Under the pilot, only P2P lending companies licensed by the State Bank of Vietnam (SBV) will be allowed to operate. Foreign banks are excluded from...

VIB reports over $92 million in Q1 profit

Vietnam International Bank (VIB) posted a pre-tax profit of over VND2.4 trillion ($92.3 million) in the first quarter of 2025, representing a 7 per...

Banks meet Q1 2025 profit plans

Bank profits increased in the first quarter of this year, largely due to improved credit.

Banks’ first-quarter profits show cautious optimism

Financial statements released by several banks at their 2025 AGMs point to an encouraging first-quarter performance, though profit growth is expected...

Unlocking capital flows key to Vietnam's growth amid uncertainty

To sustain high economic growth despite the current global uncertainties, Vietnam must unlock capital flows through credit, bonds, and equities...

Tax exemptions for low-value goods may simplify customs procedures

The Ministry of Finance is proposing tax exemptions for low-value goods imported via e-commerce platforms, aiming to simplify tax and customs...

Banks confident of 2025 targets amid global uncertainties

Banks are navigating headwinds with flexible, well-prepared strategies, aiming to maintain credit momentum and financial stability amid global...

Less attractive rates cause savings withdrawals in favour of other investment channels

Savings seem to no longer be a top priority for many people, making it difficult for banks to raise medium- and long-term capital.





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