Vietnam’s four state-owned banks enjoy solid 2023 profit growth
Vietnam’s four state-owned banks, known as the "Big 4", all recorded sound profit growth of 10-19% in 2023.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Two of Vietnam’s ‘Big 4’ banks report double-digit profit growth
BIDV and VietinBank, both state-controlled banks in Vietnam, recorded respective pre-tax profit growth of 12% and 10% year-on-year in the first nine months of this year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietcombank leads profitability among state-controlled banks
Three of Vietnam's biggest lenders Vietcombank, Vietinbank and BIDV reported the same net interest income in the second quarter this year, but very different profits.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietcombank tops profitability among state-controlled banks
Three of the biggest Vietnamese lenders Vietcombank, Vietinbank and BIDV reported the same operating income in the first quarter this year, but very different profits.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major bank BIDV attracts investors for 9% stake via private placements
Leading Vietnamese bank BIDV is selecting the best investors for its plans to increase charter capital this year to serve its growth purposes, BIDV chairman Phan Duc Tu said Friday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major banks to discuss credit crunch with property developers
Representatives of state-owned commercial banks Vietcombank and VietinBank have said they will work with real estate developers to resolve difficulties they are facing.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietcombank to issue 2.7 billion shares, becoming Vietnam's biggest bank
Vietcombank plans to issue over 2.7 billion shares to increase its charter capital to VND75 trillion ($3.2 billion), becoming the leader in Vietnam's banking industry in terms of chartered capital.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
'Big 4' banks report nearly $1 bln profit in 2022
Three of the biggest Vietnamese lenders BIDV, VietinBank, and Agribank reported a profit of nearly $1 billion in 2022, while Vietcombank earned over $1 billion.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
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SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
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AG&P LNG to start operating southern Vietnam LNG terminal in Sept