Vietnam

Techcombank’s pre-tax profits up 38.6% in H1

The bank added nearly 1 million new customers in Q2.
4 days ago

Techcombank’s pre-tax profits up 38.6% in H1

The bank added nearly 1 million new customers in Q2.
4 days ago

Techcombank's AI push delivered 52 million financial insights in 2023

The bank said it has given 52 million personalised financial advice to customers.

HDBank reports 6.2% credit growth in H1

The bank’s return on equity (ROE) reached 26.7%.

Steady margins and higher trade gains buoy Vietnamese banks’ profits in H2

Asset quality risks are expected to remain contained, Fitch Ratings said.

Crackdown may slow Vietnam banking processes: S&P

Vietnamese bank’s failure reveals corruption, fraud and violations in sector.

Vietnam’s PVComBank launches mobile banking services on AWS

The platform will reportedly benefit 1 million customers of PVComBank.

No contagion risk for Vietnam banks from billionaire corruption scandal

But it exposed structural weaknesses in Vietnam’s banking and financial industry.

Why tech is not the focal point of banks’ digital transformations

About 70% of digital transformations fail, an industry expert warned.

VPBank’s asset quality at risk amidst housing slowdown

About 1 in 5 of its loans are real estate loans.

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.