Banks gain large profits from securities investment in 2023

According to financial statements of banks, the total net profit from securities investment of 12 banks in Q4 2023 increased by 195 per cent to more than VNĐ5.6 trillion, while trading securities also brought in more than VNĐ300 billion.
Economy

Vietnamese, Swedish state audit agencies beef up collaboration

A delegation of the State Audit Office of Vietnam (SAV) led by Deputy Auditor General Bùi Quốc Dũng visited the Swedish National Audit Office (NAO) on January 29-30 after attending the 22nd meeting of the Working Group on Environmental Auditing (WGEA) of the International Organisation of Supreme Audit Institutions (INTOSAI) in Finland.
Economy

HDBank achieves best ever performance with $531m profit

The Hồ Chí Minh City Development Joint Stock Commercial Bank, HDBank as it is commonly known, thanks to a development strategy focused on sustainable growth and effective risk management, overcame global economic headwinds and internal constraints to achieve good growth in 2023.
Economy

Credit offers on the rise nearing Tết

In the last month, major banks including Vietcombank, ACB, TPBank, SHB and BIDV, as well as other consumer finance companies have been rolling out offers with incentives to individual customers. 
Economy

Construction starts on aircraft component factory in Đà Nẵng

The KP Aero Industries Co. Ltd from the Republic of Korea on January 30 held a ground-breaking ceremony to start the construction of its KP Vina Aircraft Component factory with an investment of US$20 million at Đà Nẵng Hi-Tech Park in Hòa Vang district, the central city of Đà Nẵng.

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