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Banks seek to pump more credit into business
Thursday,  May 17,2018,19:35 (GMT+7)
HCMC – Many banks have sought to increase lending to production and business activities while tightening controls on real estate loans, Tuoi Tre Online newspaper reports.
Bullion trade no longer attractive to banks
Thursday,  May 17,2018,19:34 (GMT+7)
HCMC – Several banks have narrowed their gold bar trading networks as this business is no longer attractive given waning demand, Nguoi Lao Dong newspaper reports.
Banks agree to delay fee hikes
Monday,  May 14,2018,22:29 (GMT+7)
HCMC – Member banks of the Vietnam Banks Association have agreed not to revise up card service fees for now as requested by the association.
Banking services bring huge profits
Friday,  May 11,2018,20:54 (GMT+7)
HCMC – Multiple banks made trillions of Vietnam dong in profit each from their services last year and in the first quarter of this year, according to a news report in Nguoi Lao Dong newspaper.
SBV tells banks to stop ATM fee hikes - report
Thursday,  May 10,2018,23:49 (GMT+7)
HCMC – The State Bank of Vietnam (SBV), or the central bank, has told commercial banks to stop hiking ATM cash withdrawal fees as multiple banks have been rushing to revise up ATM card and Internet Banking service charges.
Jan-April credit expands 5%
Wednesday,  May 9,2018,18:35 (GMT+7)
HANOI – Credit grew 5% in the first four months of the year, Pham Thanh Ha, director general of the Monetary Policy Department of the State Bank of Vietnam, told a banking forum in Hanoi on May 8.
Banks report handsome profits in quarter one
Tuesday,  May 8,2018,23:18 (GMT+7)
HCMC – Most commercial banks have released their first quarter earnings results, with many of them making big profits in January-March, a period which often sees the lowest quarterly loan growth, VietnamPlus reported.
Clients fret over ATM and Internet banking fee hike
Tuesday,  May 8,2018,23:17 (GMT+7)
HCMC – Customers of two local banks, Eximbank and Agribank, have said they are shocked to learn of higher transaction fees for ATM and Internet banking services, Nguoi Lao Dong newspaper reports.
Interest rates for property loans pick up
Friday,  May 4,2018,18:16 (GMT+7)
HCMC – Interest rates for property loans have inched up as property prices in many places have unusually rocketed.
Stocks decline slightly
Friday,  May 4,2018,18:13 (GMT+7)
HCMC – Selling pressure kept mounting in the morning phase on May 3 but bottom fishers became active at around the 1,000-point level of the VN-Index of the Hochiminh Stock Exchange.
Experts: Opportunities abound after deep correction
Wednesday,  May 2,2018,17:21 (GMT+7)
HCMC – The local market is offering numerous opportunities for risk-appetite investors to accumulate new stocks as the VN-Index of the Hochiminh Stock Exchange fell a massive 10.6% in three consecutive weeks last month, according to securities experts.
ABBANK to double capital, list on bourse
Friday,  Apr 27,2018,20:20 (GMT+7)
HCMC – Shareholders at a general meeting of An Binh Commercial Joint Stock Bank (ABBANK) on April 25 agreed to double the bank’s chartered capital and listing on the HCMC bourse.
Plentiful liquidity forces banks to lower deposit rates
Tuesday,  Apr 24,2018,15:33 (GMT+7)
HCMC – Many banks such as Vietnam Prosperity Bank (VPBank), Vietnam International Bank (VIB), and Military Bank have adjusted down deposit rates given their ample liquidity, according to a Tien Phong newspaper report.
VN-Index plummets below 1,080 points
Tuesday,  Apr 24,2018,15:10 (GMT+7)
HCMC – The local stock market started the week with a steep decline on April 23, driven by a massive sell-off in the banking, securities and real estate sectors. Given 68 rising stocks versus 230 others closing down, the VN-Index lost 43.08 points, or 3.85%, against last Friday at 1,076.78.
PG Bank to be merged into HDBank
Monday,  Apr 23,2018,23:43 (GMT+7)
HANOI – Shareholders of HCMC Development Joint Stock Commercial Bank (HDBank) have approved a plan in which Petrolimex Group Commercial Joint Stock Bank (PG Bank) will be merged into HDBank.
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