Vietnam
VPBank’s asset quality at risk amidst housing slowdown
About 1 in 5 of its loans are real estate loans.
4 hours ago
VPBank’s asset quality at risk amidst housing slowdown
About 1 in 5 of its loans are real estate loans.
4 hours ago
Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
Vietnam’s HDBank eyes 30% dividend in 2024
Total assets are reportedly set to exceed $28b this year.
HDBank charts best-ever profits of $524m in 2023
The bank’s profits have grown at a rate of 49.1% over the past decade.
Vietnam’s HDBank ramps up lending to support rice production
The bank also offers a loan programme with 0% interest to agriculture and rural areas.
Siam Commercial Bank buys Home Credit Vietnam Finance for $849m.
The transaction is expected to be completed in the first half of 2025.
Vietnam fintech funding plummets 84% in 2023
For the second year in a row there were no late-stage funding rounds.
VietinBank takes home Project Infrastructure Finance Deal of the Year Award - Vietnam
The accolade is in recognition of VietinBank’s role in financing the $128m Nam Tien Phong industrial zone and port complex, a project anticipated to attract substantial foreign investment.
SeABank transfers 100% capital contribution at PTF to AEON arm
The transfer is valued at VND4.3t ($1.8m).
Vietnam records 103 million domestic cards, emphasises cashless scheme
The government has been promoting a cashless payment scheme in line with its national financial inclusion strategy.
Vietnam’s Techcombank opens two new HQs in Hanoi, Ho Chi Minh
The buildings are energy-efficient and wholly owned by the bank.
The Next Experience: How TNEX supports digital lifestyle banking
TNEX provides customers with a digital ecosystem that helps them better manage their everyday needs and future plans.
Vietnam’s central bank signs into regional cross-boundary payment system
The memorandum includes other central banks such as Indonesia, Malaysia, Philippines, Singapore, and Thailand.
Vietnam’s 2050 energy transition plan sparks green lending surge
The Power Development Plan 8 helps attract foreign lenders for green projects aligned with Vietnam’s 2050 clean energy goals.
Bangkok Bank clinches license to offer custody services in Vietnam
Services include receipt-delivery, settlement, and clearing, amongst others.
Vietnam’s HDBank registers $232.4m in profits for first semester
It also finished adopting Basel III standards.
Vietnam banks may face challenges in paying back real estate loans: S&P
7% of Vietnam banks’ loan portfolios come from property loans.
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