Top 10 prestigious Vietnamese banks in 2023 revealed

Thursday, Jun 22, 2023

2023 is seen by the banking industry as a challenging year as they have to continue to share resources and help cushion pressure on businesses amid slowing global economic growth. 

Local banks to face competition from foreign rivals

Tuesday, Jul 21, 2020

Domestic banks are expected to face increasing competition, especially as European banks will be able to access the Vietnamese market when the European Union-Viet Nam Free Trade Agreement (EVFTA) takes effect.

VN banks more open for EU investors under newly-approved trade pact

Saturday, Feb 15, 2020

Investors from the EU will have opportunities to own higher stakes in Vietnamese banks than those from other countries under Viet Nam’s commitments in the EU-Viet Nam Free Trade Agreement (EVFTA).

Banks sell non-performing loans to reduce bad debt

Wednesday, Mar 09, 2016

Commercial banks offloaded a large volume of non-performing loans (NPLs) to the Viet Nam Asset Management Company (VAMC) in 2015 to reduce the bad debt rate to below 3 per cent.

Foreign lenders give thumbs up to Gov't

Thursday, May 22, 2014

Foreign banks in Viet Nam appreciated the government''s responses to the East Sea tensions, which helped them stay calm and confident, according to the State Bank of Viet Nam (SBV).

Banks urged to enhance risk, environmental management

Thursday, May 22, 2014

Banks in Viet Nam have not focused on handling environmental and social risks, though 75 per cent of banks affirmed that if the issue is given importance, risks could be avoided.

Central bank eases debt hurdle

Monday, Sep 16, 2013

Many banks are hoping to offload their bad debts on the new asset management company after the central bank removed a major hurdle to selling their bad debts to the new asset management company, according to analysts.