For the first time, a Vietnamese bank has total assets exceeding US$100 billion

Tuesday, Nov 05, 2024

BIDV is reported to have a total consolidated assets reaching nearly VNĐ2.576 quadrillion (US$101.6 billion) as of September 30,  up 12 per cent over the beginning of this year, according to its third-quarter financial report.

EXIM Thailand opens representative office in HCM City, inks credit deal with BIDV

Saturday, Jun 11, 2022

The Export-Import Bank of Thailand has agreed to provide the Bank for Investment and Development of Viet Nam with a credit facility worth US$100 million to use as working capital and support Thai exports to Viet Nam.

BIDV signs green credit agreement with French Development Agency

Friday, May 28, 2021

The AFD will provide a long-term loan of US$100 million to BIDV and technical assistance worth 300,000 euros ($366,000) to the bank and its customers.

Mobile money good, but carries potential risks: economist

Thursday, Apr 01, 2021

Vietnamese authorities have begun a two-year trial of mobile money as they seek to promote non-cash payments and improve transaction efficiency in the economy.

10 companies mull temporary move from overburdened HCM City bourse to Ha Noi

Wednesday, Mar 17, 2021

Ten companies are sounding out shareholders to temporarily switch their listing from the Ho Chi Minh Stock Exchange to the Ha Noi Stock Exchange since the former’s system is overloaded and smooth trading has become difficult.

Moody’s maintains ratings for BIDV

Monday, Jul 06, 2020

Moody’s has announced to maintain the ratings of the Joint Stock Commercial Bank for Investment and Development of Viet Nam (BIDV).

Moody’s affirms BIDV’s ratings

Tuesday, Apr 21, 2020

The Bank for Investment and Development of Viet Nam (BIDV)''s long-term local and foreign-currency deposit and long-term issuer ratings were maintained, according to Moody’s announcement released last week.

Banks sell mortgaged assets to resolve bad debts

Friday, Apr 10, 2020

Many banks in HCM City are selling their mortgaged assets, mainly real estate worth trillions of Vietnamese đồng, to speed up the resolution of bad debts.

BIDV plans to raise another $229.1 million  in charter capital

Monday, Mar 02, 2020

The Joint Stock Commercial Bank for Investment and Development of Viet Nam (BIDV) plans to issue shares to increase its charter capital by VND5.3 trillion (US$229.1 million).

BIDV offers assistance to individual customers amid coronavirus outbreak

Wednesday, Feb 19, 2020

The capital is prioritised for customers operating in the fields of agriculture, export and tourism.

BIDV in top four largest firms by market value

Friday, Jan 17, 2020

The Joint Stock Commercial Bank for Investment and Development of Viet Nam (BIDV) is now the fourth largest listed company by market value.

Government backs capital hike plans for four State-owned banks

Thursday, Jan 09, 2020

The Government supports the policy of allowing four State-owned banks to raise charter capital, said Governor of the State Bank of Viet Nam (SBV) Le Minh Hung.

KEB Hana Bank becomes BIDV’s strategic shareholder

Tuesday, Nov 12, 2019

South Korea’s KEB Hana Bank has officially become a foreign strategic shareholder in the Bank for Investment and Development of Việt Nam (BIDV) following a cooperation agreement with the two sides inked on Monday.

State budget to receive $216m in cash dividend from State-owned businesses

Tuesday, Nov 05, 2019

Insurer Bao Viet Holdings (BVH) and the Bank for Investment and Development of Viet Nam (BIDV) have approved plans of paying cash dividends worth combined nearly VND5.5 trillion (US$236 million) in the next two months.

BIDV sells 603 million shares to KEB Hana Bank

Monday, Nov 04, 2019

After the issuance, the bank''s charter capital has increased by VND6 trillion from VNĐ34.2 trillion to more than VND40.2 trillion.