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Bank for Foreign Trade of Vietnam

SmartPay ties up Vietcombank for QR code-based payment

SmartPay ties up Vietcombank for QR code-based payment

E-wallet SmartPay has tied up with the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to enable QR code-based payment at its merchants’.
Five banks give Da Nang 1.07m for COVID-19 fight

Five banks give Da Nang $1.07m for COVID-19 fight

Five banks have donated a total of VNĐ25 billion (US$1.07 million) for the fight against the new Covid-19 outbreak that began in Đà Nẵng city, according to the State Bank of Vietnam.
Vietcombank reports near US1 billion in 2019 profit

Vietcombank reports near US$1 billion in 2019 profit

Total profit in 2019 increased by 26 per cent year on year to VND23.15 trillion (nearly US$1 billion), the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) announced on Friday.
Vietcombank becomes first Vietnamese bank to open rep office in US

Vietcombank becomes first Vietnamese bank to open rep office in US

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) inaugurated its representative office in the US, on Friday.
VN stocks up, Vietcombank shares hit new high

VN stocks up, Vietcombank shares hit new high

In the banking sector, Vietcombank shares rose 1.9 per cent to close at VND86,900 per share. It is the highest value since the bank’s debut on August 5, 2009.
Vietcombank given greenlight to open branch in Australia

Vietcombank given greenlight to open branch in Australia

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) on Wednesday got approval from the State Bank of Việt Nam’s Governor to open a branch in Australia.
Vietcombank reports a record profit

Vietcombank reports a record profit

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) on Monday reported a record profit of nearly VND17.6 trillion (US$758.2 million) in the first nine months of the year
Vietcombank receives three awards from Asiamoney

Vietcombank receives three awards from Asiamoney

In August, Vietcombank also entered Viet Nam’s 50 best listed companies in 2019 by Forbes magazine for the seventh consecutive year.
Vietnamese banks target more overseas markets

Vietnamese banks target more overseas markets

Vietnamese banks are stepping up plans to expand their markets globally instead of just focusing on the Indochina region.
Vietcombank offers preferential loans with low interest rates

Vietcombank offers preferential loans with low interest rates

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has just announced the deployment of two super-preferential loan programmes.
Vietcombank to sell Vietnam Airlines shares

Vietcombank to sell Vietnam Airlines shares

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has offered to sell more than 2.3 million shares it owns of the national carrier Vietnam Airlines.
Vietcombank sells shares to fund capital hike

Vietcombank sells shares to fund capital hike

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) sold shares worth US$265 million to foreign strategic investors to increase its charter capital.
Vietcombank no longer a major shareholder at other credit institutions

Vietcombank no longer a major shareholder at other credit institutions

Vietcombank has officially completed a plan to reduce its holding ratio at other credit institutions to below 5 per cent as required by the central bank.
Banks post strong performances in first 9 months

Banks post strong performances in first 9 months

Many banks have reported good business performance in the first nine months of the year thanks to decreasing provision costs and rising income from services.
Vietcombank prepares for private placement to foreign investors

Vietcombank prepares for private placement to foreign investors

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has come closer to a private placement of 579.7 million shares to foreign investors in a move to raise charter capital to VND39.575 trillion (US$1.69 billion).