Vietnamese banks are injecting trillions of đồng into strategic infrastructure projects to support the country’s ambitious growth targets, though experts caution that the credit expansion brings underlying risks requiring clearer regulation and stronger fiscal discipline.
Despite efforts of banks in dealing with bad debts, the debts increased by about VNĐ34 trillion in the first two months of 2025, while only about VNĐ15 trillion of the debts were settled by banks through risk provisions.
Shareholders approved ABBANK’s key business targets for 2025, including a whopping 131 per cent increase in pre-tax profits to VNĐ1.8 trillion (US$6936 million), at its annual general meeting in Hà Nội last week.
The rankings are based on the YouGov BrandIndex Positive Satisfaction Score, a comprehensive brand health tracking tool that gathers daily data from over 350 brands in Việt Nam.
The programme''s borrowers are customers with projects or plans serving production and business activities in the fields of agriculture, forestry and fisheries.
The card offers two standout benefits : a lifetime annual fee waiver with up to 57 days of interest-free credit and unlimited cashback on all spending.
According to analysts of the VCB Securities Company, the outstanding export loans to the enterprises only account for five per cent of the total outstanding loans of the whole banking system,
Experts explored the root causes behind both the successes and failures of Việt Nam’s bank restructuring efforts, while proposing practical measures to enhance their effectiveness going forward, at a seminar in HCM City on April 11.
The commercial banks said they will participate in the package to show the proactiveness and determination of the sector in supporting businesses and promoting economic growth.
Data from the rating agency FiinRatings showed that credit growth for the whole economy was 15.08 per cent last year, while credit growth for real estate developers was up to 28.5 per cent, four times higher than credit for home...
The HCM City banking sector will help businesses overcome the impacts of the new US tariffs on their exports as part of broader macroeconomic measures initiated by the Government and the city, according to the State Bank of Vietnam.
As Việt Nam’s most pioneering bank, leading the digital transformation of the banking industry and actively contributing to the nation’s ‘era of rising’, Techcombank''s CEO, Jens Lottner, shared valuable insights at the conference ''Building a Financial Centre in Việt Nam''...
An Bình Commercial Joint Stock Bank targets a whopping 131 per cent increase in pre-tax profits to VNĐ1.8 trillion (US$70.2 million) in 2025, according to documents it released ahead of its annual general meeting this month.
As of March 20, outstanding loans reached nearly VNĐ15.93 quadrillion, up 1.98 per cent compared to the end of 2024 and up 17.60 per cent compared to the same period in 2024.
