Wave of cash dividends, capital addition likely at bank shareholder meetings: expert
The 2024 annual general shareholder meeting season of Vietnamese banks starting next March will likely usher in a wave of cash dividends and large capital increase plans, says Nguyen The Minh, chief analyst at Yuanta Vietnam Securities JSC.
He said that banks had not been able to pay cash dividends for many years because of the need for additional capital to ensure Basel II criteria and requirements of the State Bank of Vietnam (SBV). This year, many plan to do so and this has had a good impact on bank stock prices lately.

Vietnamese banks will announce cash dividends and capital addition plans at the annual general shareholder meetings in 2024. Photo by The Investor/Dinh Vu.
Some large banks tasked with restructuring weak banks need resources, so there could be a wave of capital increases this year, especially by state-owned and large private banks, he said.
“Another expectation for the banking industry in the short and medium term is the increase in ownership rate of foreign investors when the SBV raises the foreign ownership limit in commercial banks to 35%,” Minh said.
He also noted that the central bank has granted the entire credit quota of 15% to commercial banks right at the beginning of the year, helping them be more proactive in their lending and capital mobilization plans.
To date, five banks have announced dates for their 2024 annual general shareholder meetings (AGM).
ABBank said its AGM will be held April 5 in Hanoi, while Asia Commercial Bank (ACB) will hold it on April 4 and MBBank on April 19.
LPBank's board of directors scheduled its AGM for February 15 while NamABank will hold it on March 29.
Meanwhile, Vietcombank and BIDV plan to issue shares equivalent to 6.5% and 9% of their respective charter capital to institutional investors via private placements.
MBBank plans to issue 70 million shares or 1.3% of its charter capital to military-run telecom giant Viettel.
- Read More
13th Party Central Committee wraps up 12th plenum
The two-day 12th plenary session of the 13th Party Central Committee concluded on July 19 afternoon, fulfilling the agenda set out at the start of the meeting.
Politics - Sat, July 19, 2025 | 5:15 pm GMT+7
Vietnam's property major DIC Corp to offer 150 mln shares to shareholders
Development Investment Construction JSC (DIC Corp), among Vietnam's biggest real etate developers, will offer 150 million shares to shareholders at VND12,000 ($0.46) apiece.
Companies - Sat, July 19, 2025 | 4:38 pm GMT+7
Urgent power transmission project inspected to ensure stable supply for Tan Son Nhat Airport
A working delegation recently inspected the 220kV Tan Son Nhat-Thuan An transmission line project, which powers the Tan Son Nhat International Airport in Ho Chi Minh City.
Companies - Sat, July 19, 2025 | 4:05 pm GMT+7
Over 86 mln bank accounts in Vietnam to be terminated from September 1
More than 86 million bank accounts that have not been biometrically authenticated or have been 'frozen' for a long time will be deleted starting September 1 to prevent fraud and cybercrime.
Banking - Sat, July 19, 2025 | 12:02 pm GMT+7
Malaysia boosts investment in green technology, digital transformation
Malaysia is unlocking high-impact investments at the intersection of sustainability and digital transformation, a key priority under the MADANI government’s green growth agenda.
Southeast Asia - Sat, July 19, 2025 | 11:59 am GMT+7
Indonesia expands retail network in Asia to boost exports
Indonesia has opened 2,400 retail stores in the Philippines and plans to expand into Malaysia, Bangladesh, and other Asian countries, Indonesian Trade Minister Budi Santoso said on Thursday.
Southeast Asia - Sat, July 19, 2025 | 11:57 am GMT+7
Southeast Asia IPO performance in Jan-June
The first half of 2025 saw a measured rebound in Southeast Asia’s capital markets, underpinned by stabilizing macroeconomic conditions and renewed momentum in larger IPOs, particularly in Malaysia and Indonesia, write Deloitte analysts.
Consulting - Sat, July 19, 2025 | 11:41 am GMT+7
Vietnam's fund management market must be transparent, sustainable to allure investors: experts
To spur the growth of Vietnam’s fund management industry, an open, transparent and fair playing field is needed for all participants, experts said at a seminar hosted by The Investor on Thursday.
Finance - Sat, July 19, 2025 | 9:32 am GMT+7
More data center investment to be poured into Vietnam: Cushman & Wakefield
Vietnam is an ideal destination for data center investment and the country is expected to see further interest from international investors, according to consultancy firm Cushman & Wakefield.
Companies - Sat, July 19, 2025 | 9:00 am GMT+7
Vietnam's Ministry of Science and Technology works with Google to explore digital transformation, AI
The Vietnamese Ministry of Science and Technology (MoST) has been working with Google to explore deeper cooperation in digital transformation, AI, and support for small and medium-sized enterprises (SMEs).
Companies - Sat, July 19, 2025 | 12:01 am GMT+7
Thailand hopes for US tariffs at levels comparable to other regional countries
Thai Deputy Prime Minister and Minister of Finance Pichai Chunhavajira on Friday expressed his expectation that the U.S.'s final reciprocal tariff rate imposed on Thailand's exports will align closely with other countries in the region, likely settling at approximately 20%.
Southeast Asia - Fri, July 18, 2025 | 11:53 pm GMT+7
Vietnam's central bank to assess compliance of banks in risk management
The State Bank of Vietnam (SBV) will deploy monitoring measures and tools to assess the compliance of commercial banks in implementing requirements related to risk management, especially compliance with Basel III international banking standards, an SBV official said on Wednesday.
Banking - Fri, July 18, 2025 | 11:49 pm GMT+7
Malaysia aims to play key role in implementing ASEAN Power Grid
Malaysia is expected to assume a key role in the implementation of the ASEAN Power Grid (APG) starting next year, leveraging its strategic advantages to lead the regional initiative aimed at integrating electricity transmission networks across Southeast Asia.
Southeast Asia - Fri, July 18, 2025 | 11:36 pm GMT+7
Tran Duc Thang assigned to be acting Minister of Agriculture and Environment
Vietnam's Prime Minister Pham Minh Chinh has assigned Tran Duc Thang, a Party Central Committee member and standing Deputy Chief Inspector of the Government, to be acting Minister of Agriculture and Environment, starting from Thursday.
Politics - Fri, July 18, 2025 | 11:28 pm GMT+7
Gasoline vehicle market stalls as consumer sentiment wavers
While the electric vehicle (EV) market is gaining momentum, dealers of gasoline-powered cars and motorbikes, both new and used, in Hanoi are facing a wave of order cancellations, vehicle returns, and even deposit forfeiting.
Companies - Fri, July 18, 2025 | 7:48 pm GMT+7
E10 fuel rollout marks key step in Vietnam’s green energy transition
From January 1, 2026, all gasoline distributed across Vietnam must contain 10% ethanol, marking a pivotal milestone in the country’s shift toward green energy and its long-term carbon neutrality goals.
Companies - Fri, July 18, 2025 | 7:40 pm GMT+7
- Consulting
-
Rethinking resilience: How typhoon Yagi redefines supply chain strategies in northern Vietnam
-
Remove roadblocks to lure foreign investment into Vietnam: HSBC exec
-
AI can be a game changer for Vietnam tourism
-
In trade and investment, ASEAN and China are better together
-
Investment opportunities in LNG-to-power projects in Vietnam
-
Pepper prices 2024: will the dream of 'black gold' repeat?