Home Credit launches new product

Home Credit Vietnam Finance Company Limited has tied up with three insurance companies, PTI, GIC and Bảo Minh, to provide additional benefits to the spouses of customers who buy insurance to cover 100 per cent of their loan.

PVTex, APH sign contract to process yarn

The Petrovietnam Petrochemical and Textile Fiber Joint-Stock Company (PVTex) with An Phát Holdings JSC (APH) and An Sơn Textile Fiber JSC on Tuesday signed a contract to process drawn textured yarn (DTY) made by Đình Vũ polyester fibre plant.

Chubb Life receives 2 awards from Insurance Asia

Chubb Life Insurance Vietnam Company Ltd has been conferred the “International Life Insurer of the Year” and the “New Insurance Product of the Year” awards for the Vietnamese market by Insurance Asia, a Singapore-based finance and insurance publication.

Sacombank recovers bad debts

Sacombank recovered more than VNĐ3.6 trillion (over US$154.5 million) worth of bad debt in the first half of the year, bringing its non-performing loan ratio to 3.3 per cent compared to 4.28 per cent at the end of last year.

UOB Việt Nam launch new app

United Overseas Bank Vietnam Ltd has come out with a new mobile application that enables people to open personal bank accounts online and cut the time taken to open them from 45 minutes to 10 minutes.

VPBank posts 34 per cent rise in profit

Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) achieved a 34 per cent year-on-year rise in pre-tax profit to VNĐ3.26 trillion (US$141.3 million) in the first half of the year, maintaining the quality and effectiveness of growth.

E-paper