Vietnam banks plan to float billions of shares
An estimated 12.4 billion banking stocks are poised to flood Vietnam’s market as local lenders plan dividend payouts or share issuances to raise their charter capital this year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
State-controlled Vietcombank reaps $1.69 bln in 2023 pre-tax profit
Vietcombank, the largest Vietnamese lender by market capitalization, saw its 2023 pre-tax profit expand 10.2% year-on-year to VND41.2 trillion ($1.69 billion), exceeding the yearly plan by 0.3%, according to the lender’s estimates.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central bank okays Vietcombank hiking charter capital to $2.4 bln
Vietnam's central bank has allowed the state-controlled Vietcombank to raise its charter capital from VND47.33 trillion to VND55.89 trillion ($2.38 billion).
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietcombank appoints new general director
Nguyen Thanh Tung, deputy general director of Vietcombank's executive board, has been appointed as the bank's general director from January 30, 2023.
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
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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