Vietnam

Vietnam’s debit card payments market to be worth $65.6b in 2028

The rising number of banked Vietnamese is pushing up adoption, although payment usage remains low.

Vietnam’s debit card payments market to be worth $65.6b in 2028

The rising number of banked Vietnamese is pushing up adoption, although payment usage remains low.

Techcombank eyes more business clients with southern expansion

Vietnam’s fourth-largest bank by assets seeks to expand in Ho Chi Minh City and surrounding regions.

Central bank names Dang Duy Cuong as director of Deposit Insurance of Vietnam

Dang is currently the deputy director general of SBV’s human resource department.

HDBank clinches $50m loan to fund climate projects, women-led firms

This brings HDBank’s total credit facility in Proparco to $100m.

Vietnam’s OCB to see loan delinquencies ease through 2026

Profitability will remain below historical levels, however.

Military Commercial JS Bank to sustain profits despite rising bad loans

Its NPL ratio deteriorated to 1.6% in June 2024 vs 1.4% a year earlier.

HDBank’s net profit up 48.9% to $324.47, in H1

Deposits in its digital banking channels have risen five-fold in a year.

Techcombank’s pre-tax profits up 38.6% in H1

The bank added nearly 1 million new customers in Q2.

Techcombank's AI push delivered 52 million financial insights in 2023

The bank said it has given 52 million personalised financial advice to customers.

HDBank reports 6.2% credit growth in H1

The bank’s return on equity (ROE) reached 26.7%.

Steady margins and higher trade gains buoy Vietnamese banks’ profits in H2

Asset quality risks are expected to remain contained, Fitch Ratings said.

Crackdown may slow Vietnam banking processes: S&P

Vietnamese bank’s failure reveals corruption, fraud and violations in sector.

Vietnam’s PVComBank launches mobile banking services on AWS

The platform will reportedly benefit 1 million customers of PVComBank.