Vietnam
Vietnam’s HDBank registers $232.4m in profits for first semester
It also finished adopting Basel III standards.
Vietnam’s HDBank registers $232.4m in profits for first semester
It also finished adopting Basel III standards.
Vietnam banks may face challenges in paying back real estate loans: S&P
7% of Vietnam banks’ loan portfolios come from property loans.
UOB Vietnam celebrates 30th year, aims 30,000 jobs creation
The bank has partnered with Saigon Children's Charity to celebrate it's 30th year of stepping foot in Vietnam.
Vietnam’s HDBank sets up Korea desk
It will provide Korean corporates with specialized banking products and services.
Hong Leong Bank, Chubb Life collaborate to offer life insurance in Vietnam
The bank’s range of life insurance solutions is in line with its goal of financial inclusion.
Vietnam is Australian FIs' top pick to build digital hubs
The location is amongst the best to pursue software development, data analytics, and digital testing.
Aggressive loan growth leaves HDBank more vulnerable to risks
Its asset quality may be further strained by its planned acquisition of a ‘weak’ bank
Vietnam’s BIDV, JCB International launch credit card
Customers can enjoy up to a 20% cashback on select transactions.
Deutsche Bank allocates $200m in Vietnam branch
The Vietnam business doubled its revenue in the past two years, the bank said.
Vietnam’s HDBank targets $562.67m profit for 2023
Shareholders approved a dividend distribution of 10% in cash and 15% in shares.
Techcombank launches AI-powered money management services
It will provide insights on payment behaviors and analyze transactions.
Vietnam’s Techcombank sees net profits slide 17.1% in Q1
Net interest income fell, but net fee income rose.
VPBank’s stake sale to SMBC to uplift its capital, balance growth plan
But “aggressive” growth plan, real estate sector woes will weigh on asset quality.
Vietnam conducts training on central bank digital currency
The course aims to upskill SBV and relevant agencies in Vietnam.
Citi completes sale of Vietnam retail banking, credit card units to UOB
This includes the turnover of approximately 575 related staff.
Techcombank reports profit before tax of $1.09b in 2022
Net interest income grew 13.5% during the year.
HDBank to issue $500m in convertible bonds to international investors
Proceeds will be used for the bank’s medium and long term capital.
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