VN-Index pulled down by large-cap stocks Business

VN-Index pulled down by large-cap stocks

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) dropped 16.9 points to settle at 961.37 points on August 15, with over 188.9 million shares changed hands at a value of over 4.45 trillion VND (191.3 million USD).
Stock market recovers on July 6 Business

Stock market recovers on July 6

Despite the effects of the US’s tariff measures on 34 billion USD of Chinese goods, Asian stock markets made a recovery, including the domestic stock market which was thriving once again on July 6 after reaching the rock-bottom a day earlier.
VN-Index drops by 2.87 percent on June 18 Business

VN-Index drops by 2.87 percent on June 18

The VN-Index of the Ho Chi Minh Stock Exchange (HOSE) decreased by 2,87 percent to close at 987.43 points on June 18, the first transaction day of the week, with 181.39 million shares worth 4.626 trillion VND (nearly 202.2 million USD) being traded.
Banks eye consumer finance for bigger share Business

Banks eye consumer finance for bigger share

Several banks are keen to establish consumer finance arms to grab a bigger share of a market that is expected to reach 1,000 trillion VND (4.38 billion USD) by 2020 and grow at 29 percent annually.
Fee hikes threaten cashless plan Business

Fee hikes threaten cashless plan

Recent surges in transactions and withdrawal fees at a number of commercial banks went against the State Bank of Vietnam’s (SBV) initial policy roadmap for a seamlessly cashless society.
Shares up on bank stocks, oil rises Business

Shares up on bank stocks, oil rises

A huge purchase of banking shares in the final minutes of the February 27 session on the local stock exchanges drove shares up, after a brief fall at the beginning of the session.
Banks recruit thousands of employees in 2017 Business

Banks recruit thousands of employees in 2017

Together with high profits of trillions of VND at the end of 2017, domestic commercial banks reportedly hired thousands of employees to boost their performances and seize new opportunities.