Vietnam
Vietnam’s Techcombank sees net profits slide 17.1% in Q1
Vietnam’s Techcombank sees net profits slide 17.1% in Q1
Net interest income fell, but net fee income rose.
VPBank’s stake sale to SMBC to uplift its capital, balance growth plan
But “aggressive” growth plan, real estate sector woes will weigh on asset quality.
Vietnam conducts training on central bank digital currency
The course aims to upskill SBV and relevant agencies in Vietnam.
Citi completes sale of Vietnam retail banking, credit card units to UOB
This includes the turnover of approximately 575 related staff.
Techcombank reports profit before tax of $1.09b in 2022
Net interest income grew 13.5% during the year.
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.
Techcombank Aspire aims to empower customers, making banking seamless and easy
The bank won two trophies at the ABF Retail Banking Awards.
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.
Thought Leadership Centre
In Association with
Most Read
1. DBS is 5th most valuable bank brand in APAC: study 2. OCBC unveils AI stock picker in Hong Kong 3. Chocolate Finance to continue 3-6 day withdrawal time frame 4. SG millennials, Gen Z want rewards customisation in credit cards 5. OCBC CEO Helen Wong’s remuneration up 5.7% to S$12.8m in 2024Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Events
Event News
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Why high capital levels are a double-edged sword for Singapore banks
WealthTech vs. Banks: The battle for Asia’s $700b digital wealth opportunity
Empowering Women in Finance: Securing a Future of Opportunity
Generative AI revolution: Asian banks on the brink of a new era