TPBank obtains $100 million IFC loan for digital financial services

TPBank obtains $100 million IFC loan for digital financial services

IFC arranged a $100 million syndicated loan for TPBank to promote digital financial services to MSMEs in Vietnam.
Eximbank receives international banking award

Eximbank receives international banking award

US-based Bank of New York Mellon on July 9 granted Eximbank the Straight Through Processing Award (STP Award).
VIB reports over 200 per cent swell in half-year profit

VIB reports over 200 per cent swell in half-year profit

Vietnam International Bank (UPCoM: VIB) has released its unaudited financial statements for the first-half of 2018 with positive performance.
DongA Bank yet to compensate victims of hacking

DongA Bank yet to compensate victims of hacking

After discussion, clients approved DongA Bank to take more time with investigations, and the bank will give its final conclusion on July 12 or 31.
Banks hike charter capital to improve financial strength

Banks hike charter capital to improve financial strength

Many banks are set to hike charter capital to boost their financial strength through stock issuances to pay dividend for the shareholders.
Vietnam stocks progress slightly on banks, energy firms

Vietnam stocks progress slightly on banks, energy firms

Vietnamese shares made slight gains on Tuesday morning on financial-banking stocks but liquidity remained modest and signalled a tough trading session in the second half of the day.
Vietnam stocks lose steam on late sales

Vietnam stocks lose steam on late sales

Vietnamese shares fell in the last minutes of trading on Monday as selling pressure weighed down large-cap companies after they grew strongly in the last two sessions.
Banks to hike service fees this month

Banks to hike service fees this month

After two months postponing the increase in service fees for ATM cash withdrawals as required by the central bank, some commercial banks have now resumed the plan, announcing that a new service fee framework will apply from the middle of this month.
European stocks enjoy global rally as Johnson's exit stings pound

European stocks enjoy global rally as Johnson's exit stings pound

A global stocks rally gathered steam on Monday (Jul 9), fuelled by economic optimism, while the British foreign minister's sudden resignation over Brexit depressed the pound.
Credit institutions’ future bright

Credit institutions’ future bright

A majority of credit institutions in the country expect an upward trend in their business in the remaining months of the year, after making improvements in the first half of 2018, according to a survey released last week by the State Bank of Vietnam.
Investors should think before snapping up cheap stocks

Investors should think before snapping up cheap stocks

Market adjustments over the past few weeks has brought many stocks down to attractive price levels compared to the beginning of the year, but investors should remain cautious.
Vietnam rises towards non-cash economy with contactless payments

Vietnam rises towards non-cash economy with contactless payments

Visa contactless payments increasing in popularity as Vietnamese consumers choose a faster way to pay.
Non-cash payments need support

Non-cash payments need support

The Government should create an ecosystem and suitable environment for new products and services as well as pioneer their use to promote the development of contactless payment methods. This could be a foundation for building e-government in Vietnam.
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