banks

Banks are not allowed to pay cash dividends to alleviate COVID-19 impact

17:24 | 01/04/2020

The SBV has once again required commercial banks to proactively reduce and tighten operating costs to alleviate the growing concerns over the impact of COVID-19.

Banks step up with willing support for COVID-19 times

08:36 | 03/03/2020

Many banks have rolled out soft credit packages in a bid to help customers, both retail and corporate ones, to mitigate the adverse impacts of ...

SBV orders banks to cut or delay interest payments to cushion economy

13:24 | 22/02/2020

Commercial banks in Vietnam will likely cut or delay interest payments on loans in a bid to cushion the domestic economy, following directions from the ...

Stocks rebound despite measure of pessimism among foreign investors

16:32 | 12/02/2020

In the first two days of the week, stocks bounced back from a coronavirus-induced plunge, but due to banks' extending a helping hand to affected ...

US-China trade tensions fuel exchange and deposit rate

10:55 | 29/05/2019

The US-China trade tensions and China’s currency devaluation have cast adverse impacts on interest rates in the local banking system.

Irrecoverable debts make up more than half of bad debts

13:38 | 21/05/2019

Irrecoverable debts kept increasing in 2019’s first three months and currently account for more than 50 per cent of the 22 banks’ bad debts.

Brokers, banks and energy firms lift market

15:52 | 20/05/2019

Vietnamese shares advanced on Monday morning, driven by securities firms, banks and petroleum companies.

String of banking shareholders' meetings on one day

08:00 | 25/04/2019

The financial statuses and business performance of nine banks were published on April 26 at their shareholders' meetings.

Avalanche of credit programmes to support SMEs and individuals

15:30 | 17/04/2019

Southern banks are deploying major credit programmes in anticipation of higher capital requirements from individuals and businesses in the coming months.