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Techcombank, a major private lender in Vietnam, posted VND27.5 trillion ($1.09 billion) in pre-tax profit in 2024, up 20.3% year-on-year and an all-time high. According to...
Vietnamese private creditor SeABank recorded VND6,039 billion ($238.5 million) in pre-tax profit in 2024, up 31% year-on-year. Accordingly, the bank fulfiled 103% of the year’s pre-tax...
South Korea’s Shinhan Bank Vietnam Limited and Petrolimex Insurance Corporation (PJICO) have signed a strategic cooperation agreement to leverage the potential of both sides. The deal...
The Czech Republic’s multinational conglomerate PPF Group should expand its operation in Vietnam after selling its entire stake in subsidiary Home Credit Vietnam to Thailand’s Siam...
The State Bank of Vietnam, the country’s central bank, on Friday announced the mandatory transfers of two “weak” private banks under its special control, GPBank and...
Vietcombank will expand its chartered capital from VND55,891 billion to VND83,557 billion ($3.29 billion) via an issuance of shares to pay dividends, becoming the largest bank...
Real estate firm Dai Cat JSC has completed the acquisition of an additional 16.75 million shares of Saigon Bank for Industry and Trade (Saigonbank), becoming its...
