Vietnamplus

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has reported an impressive pre-tax profit of 17.3 trillion VND (740.1 million USD) in the first half of 2022.

HSBC Vietnam and other financial institutions have agreed to provide a syndicated loan worth 700 million USD, with a greenshoe option of 300 million USD, for the Vietnam Technological and Commercial Joint Stock Bank (Techcombank).

The State Bank of Vietnam (SBV) has issued a written document allowing the Military Commercial Joint Stock Bank (MB) to establish a 100%-owned bank in Cambodia on the ground of its branch in Phnom Penh.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,071 VND/USD on June 13, up 6 VND from the last working day of previous week (June 10).

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,148 VND/USD on March 24, up 1 VND from the previous day.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,188 VND/USD on March 16, up 2 VND from the previous day.

The State Bank of Vietnam set the daily reference exchange for the US dollar at 23,133 VND/USD on March 2, down 4 VND from the previous day.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,410 VND/USD on February 9, up 14 VND from the previous day.

A number of Vietnamese banks plan to sell more shares to foreign investors in 2022 as part of set strategies.

Thailand's economy may return to levels logged before the COVID-19 pandemic in the first quarter of 2023, according to the Bank of Thailand (BOT) governor.

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on October 27 signed a 200 million USD loan fund with Sumitomo Mitsui Banking Corporation (SMBC).

Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic.

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has received two awards at the Global Brand Award by Global Brands Magazine of the UK, affirming its position as a leading firm in business operations and digital transformation.

By issuing stock dividends and private offering from equity and issuing stocks for foreign investors, Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) is expected to raise its charter capital to 75 trillion VND (3.3 billion USD).

Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has posted positive business results in the first half of the year despite the COVID-19 pandemic.

The State Bank of Vietnam set the daily reference exchange rate at 23,211 VND per USD on July 21, up 4 VND from the previous day.

The Vietnam Public Joint Stock Commercial Bank (PVcomBank), in which the State-owned Vietnam Oil and Gas Group (PetroVietnam) holds a 52-percent stake, has been honoured as the Best Trade Finance Bank, the Best Card Service Provider, and the Best Bank for Customer Services in Vietnam for 2021 among the Finance Derivative Awards.

The State Bank of Vietnam set the daily reference exchange rate at 23,201 VND per USD on July 13, up 3 VND from the previous day.

The State Bank of Vietnam set the daily reference exchange rate at 23,175 VND per USD on July 7, unchanged from the previous day.

The State Bank of Vietnam set the daily reference exchange rate at 23,190 VND per USD on July 5, up 6 VND from the last working day of previous week (July 2).