SMEDF partners with VPBank to facilitate SMEs access to preferential loans

Thursday, Oct 24, 2024

Chairman of SMEDF''s Board of Members Phạm Xuân Kiên highlighted that SMEs account for about 98 per cent of all businesses in the country, significantly contributing to the GDP.

VPBank signs $150 million loan agreement to fund clean energy projects

Thursday, Oct 10, 2024

The loan is an effort by the bank to realise the national goal of achieving net-zero emissions by 2050.

Mastercard, VPBank extend initiative to support children in mountainous areas of Việt Nam

Tuesday, Sep 24, 2024

Mastercard and VPBank will continue their joint philanthropic initiative to support children in mountainous areas of Việt Nam.

VPBank earns spot in Fortune Southeast Asia 500 list

Thursday, Jun 20, 2024

VPBank has been named as one of the 500 largest companies in Southeast Asia, according to Fortune 500 rankings dedicated to the region, in recognition of the the bank''s significant presence and influence in the financial sector of Southeast Asia.

Safe and convenient transactions with VPBank cards on Apple Pay

Thursday, May 30, 2024

After nearly a year of appearing in Việt Nam, Apple Pay has become a popular payment method, prioritised by many customers for its ease, safety, and privacy. With the presence of Apple Pay in Việt Nam, the trend of cashless...

Bank shareholders interested in restructuring plans of weak credit institutions

Tuesday, May 07, 2024

There are several weak CIs in the Vietnamese banking system that are being put under special control and have to undergo restructuring as per the request of the Government. Three of them are Ocean Bank, GPBank and CBbank, which the...

Commercial banks raise deposit rates

Friday, Apr 19, 2024

VPBank, Bac A Bank and GPBank raised deposit interest rates this morning for deposits with terms within 1-5 months. 

VPBank completes sale of 15% equity stake to strategic investor SMBC

Friday, Oct 20, 2023

VPBank has completed the private placement selling 15 per cent of its equity stake to Sumitomo Mitsui Banking Corporation (SMBC), thereby admitting the second largest bank in Japan as the strategic shareholder in its next development chapter.

Mastercard, VPBank join hands to support disadvantaged children in Việt Nam

Monday, Oct 09, 2023

Mastercard and VPBank has announced a joint philanthropic initiative to empower Việt Nam’s next generation, which was kicked off with the Mastercard Kids Run 2023 in Hà Nội on Saturday, October 7.

VinFast partners with Cake and VDS to provide digital banking services

Thursday, Oct 05, 2023

Vietnamese automaker VinFast, Cake by VPBank and Viettel Digital Services Corporation (VDS) have entered into a strategic cooperation agreement to provide consumer solutions to customers.

DFC pledges a US$300-million bilateral loan to VPBank to promote sustainable finance

Sunday, Sep 10, 2023

Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) and the US International Development Finance Corporation (DFC) on Sunday in Hà Nội inked a commitment letter on a bilateral loan worth US$300 million with a seven-year tenor.

VPBank extends foreign room to a maximum of 30 per cent

Friday, Sep 08, 2023

As of September 5, VPBank''s foreign room is 16 per cent, while the available ratio is 3.35 per cent.

Low credit growth, reducing profit put pressure on bank prospects in 2023

Monday, Sep 04, 2023

The outlook for the banking industry this year will not be as bright as previous years due to low credit growth and reducing profit, experts forecast.

FE Credit appoints new acting CEO

Saturday, May 06, 2023

VPBank SMBC Finance Company Limited (FE Credit) has named Nguyen Thi Minh Nguyet acting CEO, replacing Kalidas Ghose from May 4.

Mergers and acquisitions heat up at banks' shareholders' meeting

Saturday, Apr 22, 2023

Many banks have planned strategic mergers and acquisitions (M&A) to expand the ecosystem, as announced in this year''s shareholder meetings.