BIDV cuts selling price of construction major’s mortgaged assets to $174 mln
State-controlled BIDV, a “Big 4” lender in Vietnam, has slashed the auction price of mortgaged assets held by Tai Nguyen Construction and Trading Company to VND4.41 trillion ($174.4 million).
Finance - Tue, November 5, 2024 | 3:16 pm
Free-market USD prices soar in Vietnam
Prices of the U.S. dollar on Vietnam’s black market increased markedly on Saturday while those at commercial banks moved sideways.
Banking - Sat, September 28, 2024 | 5:14 pm
VAFIE outlines ways to boost corporate bond market in report to Prime Minister
The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) has stressed the need for greater transparency in the nation’s corporate bond market in a report submitted to the Prime Minister and relevant agencies.
Finance - Fri, September 6, 2024 | 4:55 pm
Son succeeds late father as leader of Vietnam real estate giant DIC Corp
Nguyen Hung Cuong has been elected chairman of real estate giant DIC Corp, succeeding his father, Nguyen Thien Tuan, who passed away on August 10.
Companies - Tue, August 20, 2024 | 2:15 pm
Broker HSC borrows extra $319 mln to enlarge stock brokerage share
Ho Chi Minh City Securities Corporation (HSC) has decided to borrow an additional VND8 trillion (318.6 million) from Vietnamese state-controlled bank BIDV as part of its strategy to capture a larger share of the stock brokerage market.
Finance - Sat, August 10, 2024 | 8:00 am
French Development Agency finances Vietnam bank $54 mln for climate projects
The French Development Agency (AFD) will provide BIDV, a Vietnamese state-controlled bank, with €50 million ($54.1 million) to finance climate change adaptation and sustainable growth projects.
Banking - Fri, August 2, 2024 | 8:43 pm
US dollar prices cool in Vietnam as Fed likely to cut rates
Prices of the U.S. dollar have been going down in Vietnam in recent days as the U.S. central bank mulls rate cuts soon.
Banking - Fri, August 2, 2024 | 4:07 pm
Vietnam central bank lowers gold price to cool market fever
The Vietnamese central bank has lowered the price of gold bullion available to the public through five state-owned entities in a move to narrow the disparity between domestic and international prices.
Banking - Mon, June 3, 2024 | 3:55 pm
Gold prices continue southwards after central bank announces sales via state-controlled banks
Gold prices in Vietnam continued to plummet on Friday after the central bank announced the sale of gold bullion to end consumers through four state-controlled banks.
Finance - Fri, May 31, 2024 | 4:17 pm
Vietnam banks plan to float billions of shares
An estimated 12.4 billion banking stocks are poised to flood Vietnam’s market as local lenders plan dividend payouts or share issuances to raise their charter capital this year.
Banking - Fri, May 10, 2024 | 8:13 am
USD weakens slightly against VND after Fed holds rates steady
The U.S. dollar slid against the Vietnamese dong (VND) on Thursday morning hours after the U.S. Federal Reserve (Fed) kept its policy rate unchanged in the 5.25-5.50% range.
Banking - Thu, May 2, 2024 | 11:37 am
USD rate passes VND25,000 milestone at top Vietnam lender Vietcombank
Vietcombank, the largest Vietnamese lender by market capitalization and foreign exchange transactions, increased its USD buying and selling rates to VND24,790 and VND25,130 Wednesday afternoon.
Banking - Wed, April 3, 2024 | 7:46 pm
Vietnam banks enter new phase of deposit rate cuts
Vietnamese commercial banks, led by state-controlled majors, have begun a new round of lowering deposit interest rates amidst tepid credit growth.
Banking - Sat, March 23, 2024 | 3:42 pm
Nam A Bank becomes 18th lender listed on Vietnam’s main bourse
Nam A Commercial Joint Stock Bank (Nam A Bank) on Friday debuted 1.06 billion shares on the Ho Chi Minh Stock Exchange (HoSE), becoming the 18th bank to be traded on Vietnam’s main bourse.
Banking - Sat, March 9, 2024 | 10:00 am
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