Vietnam

HDBank to issue $500m in convertible bonds to international investors

Proceeds will be used for the bank’s medium and long term capital.

HDBank to issue $500m in convertible bonds to international investors

Proceeds will be used for the bank’s medium and long term capital.

Techcombank teams up with Adobe to deliver personalized banking solutions

The bank will use Adobe’s cloud platform to analyze customers’ browsing behavior.

Tien Phong Securities wins big in ABF Corporate and Investment Banking Awards

It was given the prestigious Corporate Client Initiative of the Year award.

Vietnam’s card payments market to hit $37.6b in 2022

The government’s cashless payments push is helping the market.

Sacombank crowned top Bank of the Year award in Wholesale Banking Awards

It was hailed as Vietnam Domestic Technology & Operations Bank of the Year by Asian Banking and Finance.

HDBank’s plan to buy unnamed “weak bank” to weaken loss buffers: Moody’s

Little is known about the target bank and what incentives Vietnamese authorities offer.

Techcombank reports 22.3% surge in before tax profits in H1

Total operating income reached $900m for the first half of the year.

UOB to facilitate US$2.4b pipeline of investments in Vietnam

This is expected to create 13,000 jobs in the country.

Chart of the Week: Vietnam’s card payments market to grow 24.1% in 2022

Strong anti-COVID measures allowed the market to reduce the pandemic’s impact.

Citi Vietnam appoints new country officer

Ramachandran A.S. will oversee Citi’s operations and serve as main regulatory representative.

UOB injects $88m in fresh capital for Vietnam charter

The capital injection was approved by the State Bank of Vietnam.

Vietnam’s HDBank clinches $50m loan to finance green projects

Green projects have the potential to create over 1,350 jobs in the country.

Vietnamese neobank Timo partners with Mambu to offer cloud-core banking services

Vietnam’s banking industry is ripe for disruption with low financial inclusion but high smartphone ownership.

IFC grants $40m loan to Vietnam’s SeABank to expand SME lending

It’s the first phase of a $150m package for expanding SME lending, reducing greenhouse gas emissions.

Vietnamese banks’ profits to improve: Moody’s

Higher yields from their retail loans will push up earnings.