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, Dec 22, 2021 | 11:30 am GMT+7
Deposits at banks in Vietnam net rise by record $70 bln in 2023 despite falling rates
Deposits at banks in Vietnam net increased by a record high of nearly VND1,700 trillion (roughly $70 billion) in 2023 although interest rates continuously dropped during the year, according to the central bank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam bank deposits hit record high of $522 bln at end-September amid lowering rates
Client deposits at credit institutions in Vietnam reached a record high of VND12,680 trillion (circa $522 billion) as of end-September, rising 7.28% from end-2022, data from the central bank showed.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Maritime Bank shareholders reject merger plan
Shareholders in Vietnam’s Maritime Bank (MSB) have rejected the bank’s plan to merge with a local credit institution.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Stocks to become more attractive than bank deposits: VNDirect analyst
Income from the securities market is expected to increase by about 14% in 2023, meaning that stocks would be more attractive than bank deposits, said Tran Khanh Hien, chief analyst at top broker VNDirect Securities.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Deposits withdrawn before maturity date to retain initial interest rate
Depositors will enjoy an initial high interest rate on their remaining account balance should they conduct a partial withdrawal before the maturity date, starting August 1.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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- Editor’s Picks
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No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
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Vietnam central bank pumps cash to save troubled lender SCB
