2 foreign banks see profit drop in Vietnam
Economy 11:20 29/09/2025Two major foreign banks operating in Vietnam, HSBC and Shinhan Bank, reported a decline in pre-tax profits for the first half of 2025, primarily driven by a sharp drop in core income.
Indonesia central bank delivers surprise rate cut to boost growth
World 16:14 17/09/2025Indonesia's central bank delivered another surprise interest rate cut on Wednesday, its sixth cut since it kicked off an easing cycle in September last year, saying economic growth needed to be strengthened.
Vietnam trials service allowing cash withdrawal at ATMs with chip-based ID cards
Economy 18:37 09/05/2022The Ministry of Public Security is coordinating with several banks to pilot the service
Ho Chi Minh City banks practice ‘stay-at-work 'mechanism to maintain normal operations
Economy 16:41 30/07/2021Lenders have implemented the mechanism without obligation
High-profile real estate projects on sale in Ho Chi Minh City amidst COVID-19
Economy 11:30 27/09/2020Collateral in form of real estate projects is being sold as the pandemic has led to a surge in bad debts
Number of bank repossessed cars rises in Vietnam due to COVID-19 pandemic
Economy 10:02 20/07/2020Many people have failed to pay their auto loans due to difficulties brought about by the COVID-19 epidemic
Vietnam’s Techcombank raises $500mn in inaugural syndicated offshore loan facility
Economy 13:55 15/05/2020Due to the overwhelming response from the international syndication market, the facility amount was increased to $500 million to help accommodate the oversubscription
Vietnam's Techcombank logs record profit before tax in Q1 2020
Economy 16:02 29/04/2020Techcombank recorded PBT for the quarter ended March 31, 2020 of VND3.121 trillion ($132.09 million), up 19.2 percent versus a year ago
Vietnam may allow European firms to purchase 49 pct stake in local banks: official
Economy 13:48 24/10/2019The current maximum approved rate of foreign ownership in Vietnamese commercial banks is set at 30 percent
Card skimmers steal money through ATMs at night in Ho Chi Minh City
Vietnam News 22:50 14/03/2019The victims lost their money at night, giving them little time to react
Vietnam arrests former BIDV banker amid graft crackdown
Economy 22:12 10/01/2019BIDV said the arrest would not impact its 'normal operations'
Vietnamese banks look towards digitization
Economy 10:38 03/01/2019Vietnam’s commercial banks are fast at work trying to bring their business into the 21st century
