Vietnamese private lender Eximbank has new leaders

Vietnamese private lender Eximbank has new leaders

The board of directors of Eximbank, one of the leading mid-sized banks in Vietnam, has appointed deputy CEO Tran Tan Loc as new acting CEO from Tuesday, replacing Nguyen Hoang Hai.

Banking - Tue, July 1, 2025 | 8:45 am GTM+7

Vietnam’s credit growth exceeds 7% in H1

Vietnam’s credit growth exceeds 7% in H1

Total outstanding credit across Vietnam’s banking system had reached VND16,730 trillion ($656 billion) in the year to June 18, up 7.14% from end-2024, according to the State Bank of Vietnam (SBV).

Banking - Sat, June 28, 2025 | 12:52 pm GTM+7

Vietnam’s Eximbank moves headquarters to Hanoi

Vietnam’s Eximbank moves headquarters to Hanoi

The State Bank of Vietnam (SBV), the country's central bank, on Tuesday okayed Eximbank's (HoSE: EIB) plan to move its headquarters from Ho Chi Minh City to Hanoi.

Banking - Thu, June 26, 2025 | 10:00 pm GTM+7

Bad debts at Vietnamese commercial banks remain a concern

Bad debts at Vietnamese commercial banks remain a concern

While the most challenging period for bad debts in Vietnam appears to have passed, potentially irrecoverable debts have reached a record high, accounting for 1.25% of total outstanding customer loans, or more than VND176 trillion ($6.74 billion), according to a new report by research firm Vietnam Report JSC.

Banking - Fri, June 13, 2025 | 7:58 pm GTM+7

USD price likely to hit record high of VND26,300 in Q3, drop to VND26,100 in Q4: UOB

USD price likely to hit record high of VND26,300 in Q3, drop to VND26,100 in Q4: UOB

Singaporean bank UOB on Monday said its updated forecasts on the USD/VND exchange rate are VND26,300 per USD in Q3/2025; 26,100 in Q4/2025; 25,900 in Q1/2026; and 25,700 in Q2/2026.

Banking - Tue, June 10, 2025 | 2:38 pm GTM+7

Vietnamese banks leverage national data integration to reach customers

Vietnamese banks leverage national data integration to reach customers

Banks in Vietnam are developing fully digital lending services, enabling customers to apply for and receive loans entirely through online platforms.

Banking - Mon, June 9, 2025 | 11:28 pm GTM+7

HSBC launches sustainability improvement loan in Vietnam

HSBC launches sustainability improvement loan in Vietnam

HSBC has introduced its Sustainability Improvement Loan, a new financing solution tailored for businesses with annual turnover less than $550 million, in Vietnam, after launching it in 12 markets including the UK, Middle East, Hong Kong and Singapore last year.

Banking - Wed, May 28, 2025 | 6:15 pm GTM+7

HSBC facilitates five-year green club loan for Gamuda Land

HSBC facilitates five-year green club loan for Gamuda Land

HSBC Vietnam, in collaboration with Mizuho Bank, Sumitomo Mitsui Banking Corporation (SMBC) and UOB Vietnam, has announced to provide a five-year green club loan for Tam Luc Real Estate Corporation, a unit of Malaysian property developer Gamuda Land.

Banking - Tue, May 20, 2025 | 1:13 pm GTM+7

New rules on foreign investors’ acquisition of shares in Vietnamese credit institutions

New rules on foreign investors’ acquisition of shares in Vietnamese credit institutions

Vilaf lawers provide an insight into the government's new Decree 69/2025/ND-CP which amends a number of provisions of Decree 01/2014/ND-CP on foreign investors’ acquisition of shares in Vietnamese credit institutions.

Banking - Sat, May 17, 2025 | 8:17 am GTM+7

UOB forecasts USD price at VND26,100 in Q2, VND26,300 in Q3

UOB forecasts USD price at VND26,100 in Q2, VND26,300 in Q3

Singaporean bank UOB's updated forecasts on the price of USD against the Vietnamese dong (VND) are 26,100 in Q2/2025, 26,300 in Q3, 26,000 in Q4, and 25,800 in Q1/2026.

Banking - Tue, May 13, 2025 | 4:15 pm GTM+7

HDBank rolls out $1.34 bln in soft loans to boost manufacturing, digital transformation

HDBank rolls out $1.34 bln in soft loans to boost manufacturing, digital transformation

Vietnamese private lender HDBank has launched two major credit packages totaling VND35 trillion ($1.34 billion) in a bid to seize the mid-year peak season for production and trade.

Banking - Fri, May 9, 2025 | 1:57 pm GTM+7

Vietnam's private lender Eximbank aims for 23.8% growth in 2025 pre-tax profit  

Vietnam's private lender Eximbank aims for 23.8% growth in 2025 pre-tax profit  

Eximbank, among the leading mid-sized banks in Vietnam, targets a consolidated pre-tax profit of VND5.2 trillion ($200 million), an increase of VND1 billion or 23.8% compared to 2024, marking the bank's record-high profit.

Banking - Wed, April 30, 2025 | 1:19 pm GTM+7

Vietnam’s VPBank targets 35% annual credit growth over next 5 years

Vietnam’s VPBank targets 35% annual credit growth over next 5 years

Vietnam’s leading private lender VPBank expects to post annual credit growth of 35% over the next five years after taking over weaker lender GPBank, said VPBank chairman Ngo Chi Dung.

Banking - Tue, April 29, 2025 | 8:17 am GTM+7

Vietnam's leading private lender HDBank reaps $206 mln in Q1 pre-tax profit

Vietnam's leading private lender HDBank reaps $206 mln in Q1 pre-tax profit

Ho Chi Minh City-based HDBank recorded a profit before tax of VND5,355 billion ($205.7 million) in Q1/2025, up 33% year-on-year.

Banking - Mon, April 28, 2025 | 1:06 pm GTM+7

Two Vietnamese banks to list on stock exchanges in 2025

Two Vietnamese banks to list on stock exchanges in 2025

Vietnamese private lenders VietABank and KienlongBank are set to move their shares from the unlisted public companies market UPCoM to the Ho Chi Minh City or Hanoi stock exchanges in 2025.

Banking - Mon, April 28, 2025 | 8:24 am GTM+7

Techcombank eyes market cap of $20 bln by end-2025: chairman

Techcombank eyes market cap of $20 bln by end-2025: chairman

Techcombank, one of Vietnam’s major private lenders, aims to expand its market capitalization to $20 billion by the end of 2025, said chairman Ho Hung Anh.

Banking - Sun, April 27, 2025 | 10:40 am GTM+7

Vietnam’s private lender Sacombank to trim payroll, acquire securities broker

Vietnam’s private lender Sacombank to trim payroll, acquire securities broker

Sacombank, a mid-sized private lender in Vietnam, plans to downsize its headcount in 2025-2026 as part of its push toward digital transactions.

Banking - Sun, April 27, 2025 | 10:18 am GTM+7

Vietnam's property market promising, safe, efficient: Saigon-Hanoi Bank chairman

Vietnam's property market promising, safe, efficient: Saigon-Hanoi Bank chairman

Vietnam’s real estate market, depite its ups and downs, is "promising, safe, and efficient", as demand for housing and commercial services is large, said Saigon-Hanoi Bank (SHB) chairman Do Quang Hien.

Banking - Wed, April 23, 2025 | 1:17 pm GTM+7

Vietnam's private lender OCB aims to acquire securities company given market prospects

Vietnam's private lender OCB aims to acquire securities company given market prospects

Ho Chi Minh City-headquartered Orient Commercial Bank (HoSE: OCB) will acquire a securities company when conditions become more favorable, given the growth potential of the stock market, said chairman Trinh Van Tuan.

Banking - Wed, April 23, 2025 | 8:48 am GTM+7