Total assets of VN credit institutions rise by 4.97%

Thursday, Aug 15, 2024

Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than VNĐ21.07 quadrillion, an increase of 4.97 per cent compared to the end of 2023

Lenders struggling to auction assets of bad debt amid market slump

Saturday, Jul 20, 2024

State-owned Agribank is seeking to auction 28 apartments in HCM City with a starting price of VNĐ60 billion to recover debt amid a sluggish property market.

Rising middle class pushes wealth management potential in Việt Nam

Tuesday, May 21, 2024

The rapid increase of an affluent and middle class generates opportunities for wealth management services in Việt Nam.

Regulations on virtual assets go hand-in-hand with anti-financial crimes

Friday, Mar 15, 2024

Việt Nam, added to the Enhanced Monitoring List (Gray List) in June 2023, faces potential reductions in GDP, foreign direct investment (FDI), and other capital flows, according to the IMF.

Legal framework for crypto assets to be finalised next year

Tuesday, Mar 05, 2024

Besides the development of the legal framework for crypto asset management, the decision also requires the ministry to implement the legal framework, including improving understanding for management and supervisory agencies about the risks of the issue.

Banks are selling secured properties at discounts to recover debts

Saturday, Jan 20, 2024

The increasing risk of bad debt forces banks to sell secured assets, especially real estate, at discounts.

Businesses under pressure to sell assets, real estate projects to settle debts

Thursday, Oct 12, 2023

Businesses, particularly property developers, are under pressure to sell off assets and real estate projects to settle their debts, including bond repayments and bank loans. 

Ministry urges higher tax rate for swing trading of real estate

Saturday, Feb 11, 2023

The proposal was raised in a draft report on the programme of developing laws and ordinances in 2024, which will be submitted to the Government for consideration.

VN needs regulations of digital, virtual assets

Wednesday, Jul 06, 2022

Currently, digital and virtual assets have not been recognised as property in Viet Nam.

Total assets of many small banks dropped significantly by end Q1 2022

Thursday, May 05, 2022

Despite gaining positive profits, total assets of many small banks by the end of the first quarter of this year decreased compared to last year due to a in deposits.

Banks’ return on earning assets declines

Saturday, Dec 18, 2021

Banks have continued to record a decrease in the ratio of return on earning assets due to the lending interest rate cut to support COVID-19 affected customers.

SP Group partners BCG Energy to grow renewable energy portfolio in Viet Nam

Monday, May 24, 2021

SP Group has signed a memorandum of understanding with BCG Energy Joint Stock Company, a wholly owned subsidiary of Bamboo Capital, that provides it exclusive rights to purchase 49 per cent of the latter’s subsidiary, Skylar Joint Stock Company.

Amid global uncertainty, even traditional markets may be vulnerable: experts

Friday, Nov 13, 2020

Amid the troubles caused by the pandemic, individual investors in the whole world have find themselves in a handful of cash and investment opportunities in financial and equity assets.

Brokerage firms record US$71.8 million in trading profit

Tuesday, Oct 06, 2020

Securities companies net-sold total VND1.66 trillion (US$71.8 million) worth of Vietnamese assets in the past nine months.

Banks to sell collateral assets amid fears of rising bad debts

Monday, Jul 20, 2020

A number of banks have announced plans to auction off their collateral assets in an attempt to speed up bad debt recovery.