Vietnamese lenders set sail for lucrative lands
15:22 | 15/11/2019
Vietnamese banks are following their corporate clients by expanding abroad. However, lenders could also confront a combination of hurdles when going abroad, including understanding cultural ...
Europe firms may purchase 49pc in local banks
10:35 | 24/10/2019
The Vietnamese Government may allow European financial firms to buy up to 49 per cent of only two local commercial banks, Nguyen Thi Thu Trang, ...
Vietnamese banks ranked among 500 strongest in region
12:13 | 11/10/2019
The Asian Banker continues to honour the 500 strongest banks in the Asia-Pacific in 2019 with some familiar names from Vietnam.
South Korean business pours $700 million into POS system of Vietnam
17:00 | 23/09/2019
Around 600,000 point of sales (POS) devices will be deployed in Vietnam by South Korean financial firm Alliex.
BIDV, Vietcombank, and Vietinbank amass nearly $2 billion in bad debts
11:28 | 04/08/2019
Growing bad debts reaching hundreds of millions of US dollars keep pressuring BIDV, Vietcombank, and VietinBank.
Chip cards may minimise bank card crime
11:46 | 03/06/2019
Replacing magnetic strip cards with chip cards is expected to resolve the long-going security issues affecting bank cards.
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.
Vietinbank sell Cong Thanh's huge debts to VAMC
10:20 | 06/05/2019
Local cement company Cong Thanh Group’s trillion-VND debts at Vietinbank will be shifted to Vietnam Asset Management Company (VAMC).
20 banks and VAMC to be audited for bad debts performance
16:35 | 11/04/2019
SAV will audit Vietinbank, BIDV, VAMC, and 18 other joint-stock commercial banks for their performance in resolving bad debts.
Trillions of dongs of Vietinbank stuck in Vinachem projects
13:34 | 04/04/2019
Vinachem has produced profit at one of the four of the trillion-dong loss-making projects under its management, while the others show no sign of repaying ...
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