The two successful participants are Saigon Jewelry Company Limited (SJC) and Asia Commercial Joint Stock Bank (ACB).
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HCM City seeks to draw remittances in infrastructure 24/04
Remittances to HCM City reached US$9.46 billion in 2023, nearly three times higher than foreign direct investment (FDI),
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HCM City could issue bonds for overseas Vietnamese to fund infrastructure: conference 24/04
HCM City could issue bonds for overseas Vietnamese to buy to fund the city’s infrastructure projects, a conference on channeling remittance into infrastructure heard on April 23.
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Overseas remittances to HCM City record highest increase in three years 19/04
Overseas remittances to Ho Chi Minh City exceeded $2.86 billion in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
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Old loans must endure higher interest rates temporarily: SBV 19/04
While new loans have been issued at significantly lower rates, older loans, even for priority sectors such as mechanical engineering, must still bear high interest rates, especially during a period of economic difficulties.
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Commercial banks raise deposit rates 19/04
VPBank, Bắc Á Bank and GPBank raised deposit interest rates this morning for deposits with terms within 1-5 months.
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Gold bar auction to be resumed after 11 years of suspension 16/04
The State Bank of Việt Nam will resume gold bar auctions in an effort to improve supply to the market after 11 years of suspension.
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Banks record positive business indicators in Q1 2024 16/04
According to experts, the prosperity of the banking industry in the period came from many supporting factors, including favourable policies to credit growth.
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Military Insurance targets top four spot in non-life insurance market for 2024 12/04
Military Insurance Corporation (MIC) targets to secure a position among the top four non-life insurance markets in 2024, achieving a 33 per cent growth in insurance revenue, a 25 per cent growth in profit compared to 2023, and maintaining a minimum dividend ratio of 10 per cent.
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PM Chính requires strengthened gold market management 12/04
Prime Minister Phạm Minh Chính has asked the State Bank of Vietnam (SBV) to keep a close watch on international and domestic gold prices, and put in place measures and tools in a timely and effective way to regulate the gold market in line with regulations.
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SJC gold price turns down, gold ring conquers new mark 10/04
On the day gold prices peaked, many gold shops in Hà Nội only sold a maximum of five taels, leading to people buying and selling hand to hand outside the store.
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Central bank reassures customer rights following $13.5m deposit loss 05/04
The central bank has reassured customers that their rights will be protected amid a recent case involving the loss of customer funds worth VNĐ338 billion (US$13.5 million) at a local bank.
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Việt Nam participates in ASEAN meetings, boosts financial and monetary cooperation 05/04
The Vietnamese side introduced the country's monetary policy and monetary cooperation initiatives, affirming that finance and green growth are one of Việt Nam's top priorities.
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HDB: HDBank to pay 25% dividend in cash, stocks, aim for high growth in 2024 05/04
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) will pay a dividend of 25 per cent, 10 per cent in cash and 15 per cent in stocks, for 2023, according to documents to be tabled at its 2024 annual general meeting released on...
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15 VN banks listed in Brand Finance Banking 500 2024 ranking 03/04
In the recently released ranking, Vietcombank is the Vietnamese bank with the highest brand value in 2024. Globally, Vietcombank ranks 133rd, up 4 positions compared to 2023.
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