Standard Chartered forecasts interest rates to return to pandemic levels

Vietnam News | 27/06/2023 2:14:06 PM

Standard Chartered Bank forecasts Việt Nam’s second quarter GDP growth to have slowed to 1.5 per cent year-on-year (from 3.3 per cent in the first quarter), posing downside risks to its 6.5 per cent growth forecast for 2023. However, a rebound is expected in the second half of the year.

ABBANK share issuance to pay dividends hikes capital to $444m

Vietnam News | 14/06/2023 4:35:50 PM

ABBANK has completed payment of dividends in shares at a rate of 10 per cent, thus also increasing its charter capital from VNĐ9.4 trillion (US$403.1 million) to over VNĐ10.35 trillion ($444.7 million).

Vietcombank's market value hits record high

Vietnam News | 13/06/2023 4:49:58 PM

Its market value hit a peak of over VNĐ475.6 trillion (US$20.2 billion), doubling that of the second largest company in the market, Vinhomes (VHM).

HDB: Moody's confirms HDBank's B1 ratings on low NPLs, high operational efficiency

Vietnam News | 13/06/2023 4:48:57 PM

Moody's Investors Service has confirmed HDBank’s B1 long-term foreign and local currency bank deposits and issuer ratings.

NA deputies call for extended VAT cuts

Vietnam News | 03/06/2023 2:28:47 PM

The time frame should be extended to 2024 to give the economy more time to absorb the fiscal stimulus

Việt Nam’s banking sector liquidity crunch eases

Vietnam News | 23/05/2023 4:35:30 PM

Property-sector risks have made operating conditions more difficult for banks in Việt Nam in the short term, but the liquidity crunch is easing and the banking system is likely to avert a sharp slowdown due to the concerted response of policymakers and banks, says Fitch Ratings.