Shinhan Bank Vietnam’s 2023 net profit up 22% to $181 mln

Shinhan Bank Vietnam’s 2023 net profit up 22% to $181 mln

Shinhan Bank Vietnam, wholly owned by South Korea’s Shinhan Bank, earned a net profit of VND4.52 trillion ($181.2 million) in 2023, up 22.1% year-on-year, with all major indicators showing improvements.

Banking - Sun, April 7, 2024 | 8:00 am

Vinhomes land portfolio at 18,152 ha for 30-year use: broker

Vinhomes land portfolio at 18,152 ha for 30-year use: broker

Vinhomes JSC, the real estate arm of private conglomerate Vingroup, has a land portfolio of 18,152 hectares for developing property projects over 30 years, according to Shinhan Securities.

Real Estate - Wed, February 28, 2024 | 4:36 pm

Vietnam economy can grow 5.5% in 2024, exchange rate can reach VND24,050: Shinhan Bank

Vietnam economy can grow 5.5% in 2024, exchange rate can reach VND24,050: Shinhan Bank

Vietnams’s economic growth can reach 5.5% in 2024, thanks to public spending and tourism recovery outweighing external challenges, Shinhan Bank S&T Center anticipated.

A year in review and 2024 forecasts - Thu, January 4, 2024 | 8:31 am

Shinhan Bank Vietnam, HCM Communist Youth Union offer scholarships to disadvantaged students

Shinhan Bank Vietnam, HCM Communist Youth Union offer scholarships to disadvantaged students

Shinhan Bank Vietnam Limited has collaborated with Ho Chi Minh Communist Youth Union to grant 50 scholarships worth VND3.5 million ($144) each and 50 gift sets to students with poor parents living in difficult circumstances.

Companies - Thu, December 21, 2023 | 7:56 am

Shinhan Bank Vietnam wins Outstanding Depository and Supervisory Bank 2023 award

Shinhan Bank Vietnam wins Outstanding Depository and Supervisory Bank 2023 award

Shinhan Bank Vietnam Limited has been conferred the “Outstanding Depository and Supervisor Bank of the year 2023” award by the Vietnam Securities Depository and Clearing Corporation (VSDC).

Banking - Mon, November 13, 2023 | 2:59 pm

Shinhan Bank, Public Bank the only 2 foreign banks offering above 5% interest rates

Shinhan Bank, Public Bank the only 2 foreign banks offering above 5% interest rates

South Korea-invested Shinhan Bank and Malaysia-invested Public Bank are the only two foreign commercial banks in Vietnam offering more than 5% interest for 12-month deposits, at 5.3% and 5.6% respectively.

Banking - Wed, November 8, 2023 | 5:10 pm

Honda, Unilever, Heineken top foreign taypayers in Vietnam

Honda, Unilever, Heineken top foreign taypayers in Vietnam

Automaker Honda remained the biggest foreign taxpayer in Vietnam in 2022, according to the General Department of Taxation’s latest list of the top 1,000 contributors of corporate income tax (CIT).

Companies - Thu, October 19, 2023 | 11:16 am

Shinhan Bank, Samsung Vina Insurance sign insurance busines partnership

Shinhan Bank, Samsung Vina Insurance sign insurance busines partnership

Shinhan Bank Vietnam and Samsung Vina Insurance Company Limited on Wednesday announced the official signing of a cooperation agreement to distribute property insurance products of the latter to valuable corporate customers of the former.

Banking - Wed, October 11, 2023 | 2:45 pm

HSBC, Shinhan Bank, UOB record strong earnings in Vietnam

HSBC, Shinhan Bank, UOB record strong earnings in Vietnam

Foreign banks HSBC, Shinhan Bank and UOB posted strong performances in Vietnam in the first half of this year, according to their half-year reports.

Banking - Sun, September 3, 2023 | 11:42 am

Shinhan Bank Vietnam makes H1 profit of $99.4 mln

Shinhan Bank Vietnam makes H1 profit of $99.4 mln

Shinhan Bank Vietnam Ltd. posted post-tax profits of VND2.39 trillion ($99.4 million) in the first half of this year, up 48.23% year-on-year.

Banking - Thu, August 31, 2023 | 4:28 pm

Vietnam banks cut 12-month deposit rates to below 6%

Vietnam banks cut 12-month deposit rates to below 6%

The 12-month deposit interest rates at major banks in Vietnam, domestic and foreign, have fallen below 6% this month.

Banking - Fri, August 25, 2023 | 1:58 pm

Shinhan Bank celebrates 30 years in Vietnam

Shinhan Bank celebrates 30 years in Vietnam

Shinhan Bank has officially marked 30 years in Vietnam and is proud to be a “trusted financial partner” for millions of Vietnamese customers, the bank said.

Banking - Mon, August 21, 2023 | 11:29 am

Agriculture firm BAF Vietnam plans to take $21 mln loan from foreign banks

Agriculture firm BAF Vietnam plans to take $21 mln loan from foreign banks

BAF Vietnam Agriculture JSC plans to secure a syndicated loan of up to VND500 billion ($20.9 million) from foreign banks, according to a resolution approved on Monday.

Companies - Wed, August 16, 2023 | 10:04 am

Shinhan Bank Vietnam receives ISO 27001:2013 certification from British Standards Institution

Shinhan Bank Vietnam receives ISO 27001:2013 certification from British Standards Institution

Shinhan Bank Vietnam on Monday received ISO 27001:2013 certification from the British Standards Institution (BSI) for meeting international requirements for Information Security Management Systems (ISMS).

Banking - Mon, August 7, 2023 | 1:00 pm