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Vietnam steel industry sees drivers for growth

Rising demand, recovering exports and decreasing raw material prices will be the driving forces for the Vietnamese steel industry to expand this year, according to broker Agribank Securities (Agriseco).

Industries - Mon, May 13, 2024 | 11:55 am

Agribank brings digital banking experience to remote areas

Agribank is a pioneer bank in investing and providing card and ATM services in Vietnam's agricultural and rural areas, meeting the needs of people in even border areas, islands, and remote areas.

Banking - Sat, May 4, 2024 | 3:50 pm

Vietnam faces capital redundancy amidst complex global situation: Agribank chairman

The international situation remains complicated in 2024, negatively impacting business activities of Vietnamese enterprises, especially banks, said chairman of wholly state-owned Agribank Pham Duc An.

Banking - Mon, March 4, 2024 | 5:43 pm

Vietnam's Big 4 banks cut deposit interest rates to below 2%

Deposit interest rates at four state-controlled banks in Vietnam, namely Vietcombank, Agribank, BIDV and VietinBank, have dropped to below 2% for some terms as the banking sector continues to cut interest rates.

Banking - Thu, January 18, 2024 | 5:31 pm

Vietnam banks cut deposit interest rates to record lows amid lukewarm lending

Commercial banks in Vietnam are unanimously lowering their interest rates on short-term deposit to all-time lows as credit demand stays lackluster despite the year-end peak season nearing.

Banking - Tue, December 26, 2023 | 6:19 pm

Fitch upgrades ratings of 7 banks in Vietnam, including StanChart, HSBC, ANZ

Fitch Ratings has upgraded the long-term foreign-currency issuer default rating (IDR) of six banks in Vietnam to ‘BB+,’ one to ‘BB,’ and one unchanged at ‘BB-,’ the rating agency announced Wednesday.

Banking - Fri, December 15, 2023 | 9:44 am

Agribank auctions Vietnam’s first wind power project, bids starting at $49.6 mln

State-owned Agribank is auctioning the Phong Dien 1 wind power plant, Vietnam’s first such facility, with bids starting at VND1,205 billion ($49.6 million).

Energy - Wed, December 6, 2023 | 3:37 pm

Positive outlook for Vietnamese banks, GDP growth over 6% in 2024: Fitch

Vietnamese banks are set to enjoy a favorable business environment over the next few years in tandem with a strengthening economy, a Fitch Ratings report says.

Banking - Fri, December 1, 2023 | 4:48 pm

Agribank actively implements 5 preferential credit programs

So far this year, state-owned Agribank has been actively implementing five preferential credit programs for businesses, per the Prime Minister's request to improve firms' access to credit to boost production and state budget revenue.

Banking - Mon, October 30, 2023 | 3:19 pm

Agribank acts towards a customer-focused digital transformation

State-owned Vietnam Bank for Agriculture and Rural Development (Agribank) has actively implemented many activities integrating digitalization and digital technology into all areas of banking operations with a customer-centric approach.

Banking - Thu, November 2, 2023 | 1:22 pm

Agribank's commitment to green credit development strategy

As a pivotal institution providing capital and financial services to the agriculture and rural sectors, Agribank is resolute in spearheading the realization of the government's directives on fostering green credit growth, managing environmental and social risks in credit operations, and striving to lay the groundwork for secure agriculture and sustainable development.

Banking - Sun, October 1, 2023 | 10:12 am