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HDBank reports 31 per cent profit growth, joins Việt Nams trillion-VNĐ asset club, and secures landmark international deals

HDBank reports 31 per cent profit growth, joins Việt Nam’s trillion-VNĐ asset club, and secures landmark international deals

The Ho Chi Minh City Development Joint Stock Commercial Bank reported strong first-half 2026 results, surpassing VNĐ1 quadrillion (US$38.1 billion) in assets, posting more than VNĐ13.2 trillion (US$502.8 million) in pre-tax profit, and strengthening its position in international capital markets.
Central bank warns public over foreign exchange trading risks

Central bank warns public over foreign exchange trading risks

It warned against buying, selling or exchanging foreign currency between individuals or through unlicensed organisations because of counterfeit currency risks and legal violations.
Currency holds steady despite mounting pressures

Currency holds steady despite mounting pressures

Exchange-rate stability has emerged as one of Việt Nam’s macroeconomic bright spots this year, despite mounting pressure from a record trade deficit and an uncertain global outlook.
Derivative instruments help firms mitigate forex risk

Derivative instruments help firms mitigate forex risk

In the domestic market, the foreign exchange market is under direct pressure from the upward trend of the international market.
US dollar drops sharply on unofficial market

US dollar drops sharply on unofficial market

Since the beginning of December, the dollar on the unofficial market has fallen by more than VNĐ700 per dollar. Compared to its peak of VNĐ28,000 in mid-November, the rate decreased by more than VNĐ900, or 2.5 percentage points.
State Bank adopts proactive policy to stabilise forex market

State Bank adopts proactive policy to stabilise forex market

As global financial fluctuations have put significant pressure on the monetary market this year, the State Bank of Việt Nam has adopted a flexible and proactive monetary policy to maintain stability. Director of the Monetary Policy Department Phạm Chí Quang...
Authorities tighten crackdown on illegal forex trading points

Authorities tighten crackdown on illegal forex trading points

The central bank requested its branches in Region I and Region II to coordinate with police forces to identify and shut down unauthorised money-changing locations.
Exchange rate fluctuations bring huge profits to many banks

Exchange rate fluctuations bring huge profits to many banks

The total net profit from the foreign exchange trading segment of 29 banks in the first three quarters of 2024 reached more than VNĐ19.62 trillion.
SBVs USD/VNĐ central exchange rate hits all time high

SBV’s USD/VNĐ central exchange rate hits all time high

The move came as the dollar index (DXY) hovered around a four-month high of more than 105, with the market welcoming Donald Trump''s victory in the US presidential election.
Central bank works to raise interbank rates and ease forex market

Central bank works to raise interbank rates and ease forex market

The State Bank of Vietnam (SBV) has shortened terms and kept interest rate of its bills unchanged to increase the attractiveness of the bill channel.
VNDirect approved for capital increase to over 597 million

VNDirect approved for capital increase to over $597 million

The securities firm will issue over 300 million shares with a face value of VNĐ10,000 per share.
Businesses concerned about rising exchange rate pressure

Businesses concerned about rising exchange rate pressure

The sharp increase in the dollar price has caused many domestic companies to face difficulties.
VNDirect falls from top 3 brokerage market share after cyber attack

VNDirect falls from top 3 brokerage market share after cyber attack

VPS Securities JSC (VPS) maintains its leading position in the securities brokerage market on HoSE, capturing a 20.3 per cent market share, which gains 1.2 per cent from the end of the previous year.
USD/VNĐ exchange rate surges in first month of 2024

USD/VNĐ exchange rate surges in first month of 2024

The State Bank of Vietnam (SBV)’s central rate of the Vietnamese đồng against the US dollar was adjusted up 0.7 per cent in January 2024 to VNĐ24,036 per dollar.
VNDirect purchases over 2.86 million shares of Post and Telecommunications Insurance JSC

VNDirect purchases over 2.86 million shares of Post and Telecommunications Insurance JSC

VNDirect Securities Joint Stock Company (VND) purchased over 2.86 million shares of Post and Telecommunications Insurance Joint Stock Company (PTI) from December 4 to December 8, as reported by the Hà Nội Stock Exchange (HNX) on Monday.