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International Commercial

Cash dividends from banks boost investor interest

Cash dividends from banks boost investor interest

Techcombank proposed an annual cash dividend payment of at least 20 per cent of total profit, equivalent to 4-5 per cent of the bank''s equity at the beginning of the year, an estimated VNĐ1,500 a share for 2024.
IFC plans to pour US320 million into three Vietnamese banks

IFC plans to pour US$320 million into three Vietnamese banks

The banks are the Saigon-Hanoi Commercial Joint Stock Bank (SHB), Vietnam International Commercial Joint Stock Bank (VIB), and Oriental Commercial Joint Stock Bank (OCB).
VCSC signs 100m syndicated loan facility

VCSC signs $100m syndicated loan facility

Viet Capital Securities Joint Stock Company has signed a syndicated loan facility for US$100 million arranged by Taiwan’s Mega International Commercial Bank (Megabank) through its offshore banking branch.
Ministries agreed with proposed two stages of international commercial flight resumption

Ministries agreed with proposed two stages of international commercial flight resumption

The Ministry of Transport has proposed two stages for the upcoming resumption of regular international commercial flights starting December 15.
Vietnam Airlines to resume international flights

Vietnam Airlines to resume international flights

Vietnam Airlines (VNA) has announced plans to restart international commercial flights starting July 15.
HDBank raises working capital, earmarks credit package for customers hit by Covid-19 difficulties

HDBank raises working capital, earmarks credit package for customers hit by Covid-19 difficulties

HDBank has increased its working capital by US$71 million through a syndicated loan from a consortium of eight leading Taiwanese banks and an Indian bank arranged by Mega International Commercial Bank.
New Phu My Hung project likely to spur HCM City housing market

New Phu My Hung project likely to spur HCM City housing market

Phu My Hung Development Corporation said 80 per cent condos at its newly-launched The Ascentia have been sold, taking the number it has sold this year to nearly 1,200.
VIB finances nearly 300m for SMEs transactions

VIB finances nearly $300m for SMEs’ transactions

VIB was the only bank in Viet Nam receiving the ADB’s recognition which aims to honour leading partner banks in ADB''s Trade Finance Program (TFP) during the  TFP Awards and Partners Dinner on September 4 – the first day of...
VIB launches premium World MasterCard credit card

VIB launches premium World MasterCard credit card

Vietnam International Commercial Joint Stock Bank (VIB) last week launched a premium credit card-VIB World MasterCard.
IFC offers 185 million credit package to VIB

IFC offers $185 million credit package to VIB

“Much-needed syndicated funding from IFC and participating banks will help grow VIB’s SMEs and affordable mortgage portfolios, positioning the bank to become one of the leaders in these segments,” Han Ngoc Vu, VIB chief executive officer, said.
VIB launches new website

VIB launches new website

Vietnam International Commercial Joint Stock Bank (VIB) has launched a new website at www.vib.com.vn as part of its 19th anniversary celebrations.
Vietinbank signs loan agreement with foreign banks

Vietinbank signs loan agreement with foreign banks

The Vietnam Joint Stock Commercial Bank of Industry and Trade (VietinBank) signed a US$100-million syndicated loan agreement arranged by the Bank of Tokyo-Mitsubishi UFJ (BTMU) on April 16.
Vietinbank signs 50-million loan agreement with Taiwan banks

Vietinbank signs $50-million loan agreement with Taiwan banks

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) on September 10 signed a contract with four banks from Chinese Taiwan for a US$50-million syndicated loan.