Vietnam

Techcombank reports 22.3% surge in before tax profits in H1

Total operating income reached $900m for the first half of the year.

Techcombank reports 22.3% surge in before tax profits in H1

Total operating income reached $900m for the first half of the year.

UOB to facilitate US$2.4b pipeline of investments in Vietnam

This is expected to create 13,000 jobs in the country.

Chart of the Week: Vietnam’s card payments market to grow 24.1% in 2022

Strong anti-COVID measures allowed the market to reduce the pandemic’s impact.

Citi Vietnam appoints new country officer

Ramachandran A.S. will oversee Citi’s operations and serve as main regulatory representative.

UOB injects $88m in fresh capital for Vietnam charter

The capital injection was approved by the State Bank of Vietnam.

Vietnam’s HDBank clinches $50m loan to finance green projects

Green projects have the potential to create over 1,350 jobs in the country.

Vietnamese neobank Timo partners with Mambu to offer cloud-core banking services

Vietnam’s banking industry is ripe for disruption with low financial inclusion but high smartphone ownership.

IFC grants $40m loan to Vietnam’s SeABank to expand SME lending

It’s the first phase of a $150m package for expanding SME lending, reducing greenhouse gas emissions.

Vietnamese banks’ profits to improve: Moody’s

Higher yields from their retail loans will push up earnings.

Vietnam's VPBank adapts Finastra's treasury solution to digitize operations

The Fusion Adopt program enables VPBank to trade higher volumes of treasury.

Vietnam's Mcredit, JCB launch credit card

Card members can enjoy a zero-interest installment at thousands of merchants in Vietnam.

Deutsche Bank names Huynh Buu Quang as Vietnam country chief

The bank had earlier announced plans to invest in the country.

HDBank wins Mid-sized Domestic Retail Bank of the Year - Vietnam at ABF Awards

The company received the Mid-sized Domestic Retail Bank of the Year - Vietnam Award.

Major Vietnamese bank signs with Temenos for digital wealth management services

It will be the first local bank to market differentiated services for high net worth individuals.

Viet Capital Bank, 7-Eleven launch exclusive JCB Card

It subscribes customers to the loyalty programs of each company, respectively.

Rising overdue loans imperil Vietnamese banks' capital

Delinquencies are likely to further rise as economic outlook remains gloomy.