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commercial

SACOMBANK renamed as Saigon Treasure Commercial Joint Stock Bank

SACOMBANK renamed as Saigon Treasure Commercial Joint Stock Bank

Saigon Thuong Tin Commercial Joint Stock Bank (SACOMBANK) has officially changed its name to Saigon Treasure Commercial Joint Stock Bank following approval from the State Bank of Vietnam under Decision No. 36/QD-QLGS4 dated June 1, 2026.
HCM City expands foreign housing access, taking eligible projects to over 130

HCM City expands foreign housing access, taking eligible projects to over 130

Authorities have approved two more residential developments for foreign buyers as part of efforts to improve market liquidity and strengthen investor confidence.
Hà Nội proposes flexible conversion between social, commercial and resettlement housing

Hà Nội proposes flexible conversion between social, commercial and resettlement housing

Hà Nội has proposed a new regulatory framework allowing the conversion between social housing, commercial housing and resettlement housing projects in an effort to improve the use of underutilised housing stock and respond more flexibly to market demand.
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.
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 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.
A 47m housing project breaks ground in Huế

A $47m housing project breaks ground in Huế

The Vlasta Premier – Phú Hội project will be built on a 17,213 sq.m site and provide about 482 commercial apartments and 55 townhouses.
Interbank rates cool to 8.5 per cent, liquidity strains persist

Interbank rates cool to 8.5 per cent, liquidity strains persist

Việt Nam’s interbank rates have eased from multi-year highs but remain elevated, signalling persistent liquidity pressure and possible spillover into lending and deposit costs.
Việt Nam property supply hits seven-year high, fuelling sharp price gains

Việt Nam property supply hits seven-year high, fuelling sharp price gains

Apartment prices climbed 96.2 per cent in Hà Nội, 72.6 per cent in Đà Nẵng and 56.9 per cent in HCM City compared to 2019.
More land in HCM City allocated for commercial housing projects

More land in HCM City allocated for commercial housing projects

Some 42 agriculture land lots have been allocated by HCM City for commercial housing projects.
Affordable housing needs careful design

Affordable housing needs careful design

Across the country, overall housing supply has been rising, but the share of affordable homes remains critically low. Experts are urging goverment regulations to control real estate prices to be carefully designed to ensure feasibility and avoid further market distortions.
ACB becomes first bank to launch its own gold bullion brand, trading begins October 10

ACB becomes first bank to launch its own gold bullion brand, trading begins October 10

ACB will become the first bank in Việt Nam to issue its own branded gold bullion, in addition to trading the State-issued SJC gold.