a lucrative year for vietnamese banks A lucrative year for Vietnamese banks

16:04 | 14/02/2018 Finance - Banking

(VEN) - In 2017, most Vietnamese banks exceeded their annual profit targets. The banking sector’s profitability is forecast to remain satisfactory in 2018.
banks battle tet atm overload Banks battle Tet ATM overload

13:32 | 12/02/2018 Finance - Banking

As demand for cash withdrawals at ATMs doubles or triples around the Vietnamese Tet holiday, banks are recommending customers use electronic payment or scan their cards at POS machines or use quick response (QR) codes instead of withdrawing cash at ATMs.
new corporate income tax law aims to halt tax evasion New corporate income tax law aims to halt tax evasion

16:12 | 08/02/2018 Finance - Banking

In the latest draft of Law on Corporate Income Tax, the Ministry of Finance has raised a regulation aimed at preventing multinational companies with related-party transactions from evading taxes.
banks set dates for 2018 agms Banks set dates for 2018 AGMs

16:01 | 07/02/2018 Finance - Banking

After gaining positive business performance last year, many banks have planned to hold annual general meetings (AGMs) for 2018 soon.
moodys optimistic about bad debt resolution in vns banks Moody’s optimistic about bad debt resolution in VN’s banks

16:12 | 06/02/2018 Finance - Banking

Some Vietnamese banks have made meaningful progress in the resolution of legacy problem assets, a positive credit for the sector, Moody’s said on February 5.
shb awarded best domestic bank in vietnam by the asset SHB awarded Best Domestic Bank in Vietnam by The Asset

15:47 | 05/02/2018 Finance - Banking

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has recently been honoured as “Best Domestic Bank” of Vietnam in 2017 in The Asset Asian Awards (Triple A).
tax sector asked to surpass state budget estimate Tax sector asked to surpass State budget estimate

14:42 | 02/02/2018 Finance - Banking

The Finance Ministry’s General Department of Taxation should strive to surpass at least 3 percent of the State budget estimate of more than 1,070,200 billion VND (US$55.88 billion), said Prime Minister Nguyen Xuan Phuc.
banks help low income earners Banks help low-income earners

15:02 | 01/02/2018 Finance - Banking

Commercial banks and financial companies are competing fiercely for a slice of the profitable personal-loan market as demand often rises sharply at the end of the Lunar New Year.
vietnam orders banks to tighten lending in stock real estate markets Vietnam orders banks to tighten lending in stock, real estate markets

15:25 | 31/01/2018 Finance - Banking

Vietnam’s central bank has ordered lenders to tighten control of investment loans intended for the stock and real estate markets, warning risks of bad debt.
2018 predictions credit growth monetary stability interest drop 2018 predictions: Credit growth, monetary stability, interest drop

15:03 | 30/01/2018 Finance - Banking

(VEN) - Credit growth of 19 percent, foreign exchange reserves at an all-time high of more than US$50 billion and commercial bank profits of over 40 percent were the Vietnamese financial market’s bright spots in 2017. Experts’ predictions signal that growth will continue in 2018.
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