Finance

UOB forecasts USD to weaken in Q4

Experts from United Overseas Bank (UOB) maintained their view that the USD will continue to weaken against the majors, while the Fed is expected to...

SBV works to ensure $20b preferential credit package is effective and safe

The SBV has been actively developing and refining the mechanism to implement the largest credit package ever, with a total value of up to VNĐ500...

Banks take cautious strategic approach amid ongoing global challenges

Although outstanding loans to US-exporting customers are low, joint-stock banks remain cautious about possible indirect effects from US tariffs on...

How policy credit fuelled Ho Chi Minh City’s 50-year rise

Fifty years after the liberation of Ho Chi Minh City and national reunification, the southern metropolis has undergone a remarkable transformation...

Vietnamese banks promote development of global strong brands

The State Bank of Vietnam (SBV) will require Vietnamese banks to develop systematic and long-term brand strategies to establish regional and...

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.





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