Vietnam

Viet banks to shoulder economic shock

The central bank has ordered banks to extend debt relief to affected borrowers.

Viet banks to shoulder economic shock

The central bank has ordered banks to extend debt relief to affected borrowers.

Vietnam's e-commerce market to reach $17.3b in 2023

Total online spending doubled to $9.4b in 2019 from $3.9b in 2015.

Solvency improvements threaten Vietnamese banks' strong 2019 performance

The State Bank of Vietnam is expected to allow Basel II banks to grow loans faster.

Vietnam Prosperity Bank bags $212.5m financial package from IFC

It will be used to expand VPBank’s lending to SMEs especially and boost green financing.

Vietnam's central bank cuts ceiling on deposit rates

1-month and 6-month term interest rate ceilings were eased to 0.8% and 5%, respectively.

UOB unveils branch in Hanoi

It comes after the incorporation of UOB Vietnam as a foreign-owned subsidiary bank.

Vietnamese banks eye offshore capital to meet Basel II regulations

Tien Phong Commercial Joint Stock Bank could seal Vietnam’s first USD-denominated note issuance.

Banks cash in on Vietnam's micro-consumer loan segment

The sector’s interest rates could exceed 50% per year.

Vietnamese banks still suffer capital crunch despite dividend plan

State-owned banks can expect a mild capital boost of up to 30bps.

Vietnam tops global mobile payments growth in 2019: study

Its 24 ppt growth rate toppled its Southeast Asian neighbours.

Embattled Vietnamese banks take refuge in foreign investments

Japan-based J Trust Corp will buy a stake in Construction Bank for an undisclosed amount.

Vietnam drafts rules urging lenders to settle bad loans before dividend payouts

The rules will apply to credit institutions and not to state-owned commercial banks.

Vietnam puts pressure on remaining 14 banks to list before 2020

17 of the 31 banks have already registered for trading.

Vietnamese banks' return on assets up for second straight year at 1.1% in 2018

Wider net interest spreads and lower credit costs boosted profitability.