Finance

Banks race to divest financial stakes

Foreign banks and investors are projected to deepen their foothold in Vietnam’s consumer credit market, driven by low penetration rates compared to...

Banks step up capital mobilisation policies

According to statistics, 7 banks, including Agribank, Bac A Bank, NCB, MBV, Eximbank, KienLongBank and VietBank, have so far this year increased...

2025 a new era for financial institutions

Recent adjustments to Việt Nam's economic growth forecasts from major financial institutions highlight growing confidence in the country's economic...

Variables expected to address US policy

Amid the strengthening dollar on international markets and USD/VND exchange rates at banks hovering near the upper allowable limit, the State Bank of...

VND rate outlook mixed on eve of next US term

The exchange rate is expected to remain stable this year within a 2-3 per cent range, supported by positive factors in the foreign exchange market...

Banks to comply with biometric changes

Foreign banks operating in Vietnam must complete the biometric verification requirement for transferring funds to personal accounts, with all banks...

SBV makes significant net withdrawal to stabilise exchange rate

Analysis shows it's an intervention to manage system liquidity.

Majority of credit institutions expect profit growth in 2025

According to an SBV survey, In 2025, 85.1 per cent of credit institutions expect their pre-tax profits to grow positively compared to 2024.

​Vietnam’s 4 major state-run banks report record $5bn profit in 2024

Four major state-run Vietnamese banks -- Vietcombank, BIDV, Agribank, and VietinBank -- achieved a combined pre-tax profit of nearly US$5 billion in...

State budget revenues rise compared to previous year

Vietnam’s state budget landscape in 2024 witnessed a major surplus, fuelled by an increase in revenues from many sources.





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