stock market continues to grow

Stock market continues to grow

09:02 | 22/01/2018 Finance - Banking

(VEN) - The Vietnamese stock market had recorded the fastest growth in the last 10 years, with the VN-Index reaching the 1,000 point threshold. Andy Ho, managing director and chief investment officer under VinaCapital talked about the Vietnamese stock market in an interview with Vietnam Economic News’ reporter Minh Long.
committee for state capital management to be founded in q1

Committee for state capital management to be founded in Q1

10:55 | 19/01/2018 Finance - Banking

The committee for state capital management at enterprises must be set up in the first quarter of 2018 so as to affirm its legal status, Deputy Prime Minister Vuong Dinh Hue has said.
vietinbank posts 405 million usd pre tax profit Vietinbank posts 405-million-USD pre-tax profit

14:35 | 18/01/2018 Finance - Banking

The Vietnam Bank for Industry and Trade (VietinBank) reported its pre-tax profit of over 9.2 trillion VND (405.7 million USD) in 2017, equivalent to 105 percent of its yearly plan, heard a conference in Hanoi on January 16.
vietnams banks optimistic about 2018 amidst huge profits in 2017 Vietnam’s banks optimistic about 2018 amidst huge profits in 2017

11:04 | 17/01/2018 Finance - Banking

Nearly 92.6% of credit institutions expected higher pre-tax profits in 2018 thanks to their good performance in 2017, released the latest survey conducted by the State Bank of Vietnam's Department of Monetary Forecasting and Statistics.
standard chartered bank ends 12 year partnership with acb Standard Chartered Bank ends 12-year partnership with ACB

14:43 | 16/01/2018 Finance - Banking

Standard Chartered Bank (Hong Kong) has ended its “12-year marriage” with the Asia Commercial Bank (ACB), offloading its entire holding of more than 154 million shares in the Vietnamese bank.
first bank reduces loan interest rates in 2018 First bank reduces loan interest rates in 2018

11:37 | 15/01/2018 Finance - Banking

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) said it will continue reducing its loan interest rates for five groups of prioritised borrowers in 2018 in accordance with Circular No. 39/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam (SBV).
future bright for local banks Future bright for local banks

15:31 | 13/01/2018 Finance - Banking

Business performance of commercial banks is forecast to continue its upward trend in 2018 after making significant improvements last year, according to a State Bank of Vietnam (SBV) survey.
vietnam seeks to learn from foreign stock markets Vietnam seeks to learn from foreign stock markets

09:51 | 12/01/2018 Finance - Banking

(VEN) - The Ministry of Finance has focused on expanding cooperation with financial markets and stock exchanges in order to attract investment capital into Vietnam and contribute to the restructuring process of the domestic stock market.
budget deficit target set at 37 percent of gdp Budget deficit target set at 3.7 percent of GDP

10:48 | 11/01/2018 Finance - Banking

The Ministry of Finance (MoF) expects to keep this year’s State budget deficit at 3.7 percent of the GDP, below the 3.9 percent mandated by the National Assembly.
ssi top brokerage in hanoi derivatives market SSI top brokerage in Hanoi derivatives market

09:29 | 10/01/2018 Finance - Banking

Saigon Securities Inc. (SSI) was the biggest brokerage on the Hanoi Stock Exchange’s derivatives market last year with a 28.28 percent market share, according to an exchange report on the derivatives market.
vietnams public debt stands at 613 percent in 2017 Vietnam’s public debt stands at 61.3 percent in 2017

14:19 | 09/01/2018 Finance - Banking

Vietnam’s ratio of public debt to GDP stood at 61.3 percent at the end of 2017, lower than an earlier estimate of 62.6 percent, according to the Ministry of Finance.
vietnams commercial banks report high profits in 2017 Vietnam's commercial banks report high profits in 2017

14:49 | 08/01/2018 Finance - Banking

 Vietnam’s commercial banks reported solid results for 2017 with the total after-tax profit estimated to grow 44.5% from the previous year, according to an independent report of the National Financial Supervisory Commission.
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