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Techcombank targets US4.5 billion capital increase, approves 7% cash dividend

Techcombank targets US$4.5 billion capital increase, approves 7% cash dividend

Techcombank plans to raise its charter capital to more than VNĐ113.7 trillion (US$4.5 billion) - the largest increase announced in the banking sector this year - while paying a 7 per cent cash dividend and issuing bonus shares of up to 60 per...
VPBank eyes record 1.65 billion profit and capital expansion

VPBank eyes record $1.65 billion profit and capital expansion

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on Wednesday held its 2026 AGM, targeting over VNĐ41.3 trillion (about US$1.65 billion) in pre-tax profit and the system’s highest charter capital.
SHB targets VNĐ19 trillion profit and unveils new brand identity

SHB targets VNĐ19 trillion profit and unveils new brand identity

Shareholders approved SHB’s 2026 business plan under two scenarios based on actual credit growth limits.
SACOMBANK signals strategic transformation at AGM

SACOMBANK signals strategic transformation at AGM

Shareholders of Sai Gon Thuong Tin Commercial Joint Stock Bank (SACOMBANK stock code: STB) have approved a number of strategic resolutions across three key pillars - operational efficiency, brand positioning and governance restructuring - at the 2025 annual general meeting held in Phú Thọ Province on April...
SHB teams up with Huawei to boost digital transformation

SHB teams up with Huawei to boost digital transformation

The agreement reflects SHB’s long-term vision and determination to redefine its growth model, strengthen competitiveness, accelerate digitalisation, and contribute to the development of Việt Nam’s digital economy.
VPBank and Western Union enter a partnership to launch real-time remittance payouts

VPBank and Western Union enter a partnership to launch real-time remittance payouts

VPBank is officially expanding its strategic partnership with Western Union to deploy real‑time remittance payout services to e‑wallets and bank accounts in Việt Nam, aiming to deliver a seamless, fast, secure and convenient digital experience for millions of retail customers.
HCM City firms call for stable logistics costs, lower bank lending rates

HCM City firms call for stable logistics costs, lower bank lending rates

HCM City businesses posted solid first-quarter results but face rising costs, tight credit and slowing demand, prompting HUBA to call for lower lending rates, stable logistics costs and transport support.
HCM Citys outstanding credit exceeds VNĐ5.28 quadrillion in Q1

HCM City’s outstanding credit exceeds VNĐ5.28 quadrillion in Q1

In the context of lingering uncertainties in the financial market, credit in HCM City continued to expand in the first quarter of 2026, with total outstanding loans surpassing VNĐ5.28 quadrillion (US$211 billion).
SBV weighs 11 bids for gold bar licences

SBV weighs 11 bids for gold bar licences

The State Bank of Vietnam (SBV) has received 11 applications from companies and commercial banks seeking for licences to produce gold bars, a SBV’s senior official said on Tuesday.
Banks cut rates following SBVs call

Banks cut rates following SBV’s call

Vietcombank also cut rates by 0.5 percentage points for 24-month deposits, bringing its highest rate down to 6 per cent.
Việt Nams growth to moderate as external risks intensify: ADB

Việt Nam's growth to moderate as external risks intensify: ADB

Gross domestic product (GDP) growth is projected to moderate to 7.2 per cent in 2026 and 7.0 per cent in 2027 under the ADB''s baseline scenario, after expanding by 8.0 per cent in 2025.
Banks pledge to reduce lending rates after central bank meeting

Banks pledge to reduce lending rates after central bank meeting

Commercial banks have committed to lower deposit and lending rates to support economic growth and manage inflation risks at the meeting with Governor of the State Bank of Việt Nam Phạm Đức Ấn on April 9.
OKX Ventures, HashKey invest in CAEX, join as strategic partners

OKX Ventures, HashKey invest in CAEX, join as strategic partners

Agreements enable CAEX to meet capital requirements to pursue entry into Việt Nam''s regulated crypto pilot programme.
Việt Nam Medical Tourism Alliance launched to position country as global destination

Việt Nam Medical Tourism Alliance launched to position country as global destination

The establishment of VMTA is seen as a key step in strengthening linkages across sectors, unlocking existing potential and enhancing the competitiveness of Việt Nam’s medical tourism industry amid rapid regional growth.