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In the news

Chances from businesses with strong profit growth

Ngoc Nguyen -
Most enterprises have reported their profits for the first quarter of 2023. Besides those suffering a sharp decline as predicted, there are still businesses...
Financial Markets

Large commercial banks agree to further cut interest rates

Ngoc Nguyen -
HCMC - Four state-owned commercial banks have agreed to further reduce interest rates following their meetings with the Government and the State Bank of...
In the news

Ambitious targets amid challenges

Ngoc Nguyen -
While the business community is concerned about a fall in profit this year, the banking system still expects positive growth. Optimistic goals Despite accomplishing 55% of...
Financial Markets

Foreign ownership at some local banks may rise to 49%

Ngoc Nguyen -
HCMC - The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%. The Governor...
podcast

Vietnam’s auto imports shoot up in November

Kim Ngan -
 HCMC – The number of cars imported into Vietnam last month soared sharply, driven by the strong domestic demand.
Video News

PM calls for measures to stabilize volatile bond market

Kim Ngan -
HCMC - Prime Minister Pham Minh Chinh has signed an official dispatch ordering the Ministry of Finance to take prompt action to stabilize the...
In the news

Small banks can thrive

Nhu Phu -
Many have asked how small commercial banks can compete with big state-owned banks. Reality in the banking system has shown that the biggest does...
In the news

A long wait

Nhu Phu -
Outstanding loans in the banking system as of August 15 had totaled more than VND11,450 trillion, up 9.62%. Credit had grown 9.35% in the...
Financial Markets

SBV inspectorate probes several banks holding corporate bonds

Thanh Ha -
HCMC - The State Bank of Vietnam’s Inspectorate has been conducting inspections into seven banks that have invested in corporate bonds following the Prime...
In the news

Banks unveil ambitious charter capital hike plans

Thanh Ha -
Banks have faced pressure to increase their charter capital over the past few years to enhance their financial capacity and improve safety indicators to...
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