Bank profits enable rate cuts Business

Bank profits enable rate cuts

The banking sector’s profits were anticipated to rise significantly in 2017, driven by the handling of bad debts and the recovery of the property sector.
Cashback for Online Friday Business

Cashback for Online Friday

As many as 18 banks and credit organisations agreed to implement a cashback policy to customers joining in Online Friday 2016 on December 2.
Banks battle it out in Tet loans market Business

Banks battle it out in Tet loans market

Commercial banks and financial companies are fiercely competing for a slice of the profitable personal loans market as demand often rises sharply at the end of the year.
Business

EVN divests from non-core businesses

The Electricity of Vietnam (EVN) will auction 62.5 million shares of EVN Finance Joint Stock Company, or 25 percent of its stakes, on the Hanoi Stock Exchange next month, the exchange announced on the website.