Techcombank targeted VNĐ13 trillion pre-tax profit in 2020 Techcombank (TCB) has set a pre-tax profit target of VNĐ13 trillion (US$559.3 million) in 2020, increasing slightly one per cent from last year.

GBG Predator with Machine Learning Simplifies and Improves Fraud Detection for Credit Card, Mobile, Digital Payments and Digital Banking Transactions GBG Predator with Machine Learning Simplifies and Improves Fraud Detection for Credit Card, Mobile, Digital Payments and Digital Banking Transactions

Banks urged to promote digitalisation

The COVID-19 pandemic has caused a serious effect to the economy, but it has helped accelerate the race for banks to go digital.

Techcombank raises US$500 million in its inaugural syndicated offshore loan facility Việt Nam Technological and Commercial Joint Stock Bank (Techcombank) received full disbursement of its inaugural US$500 million syndicated loan facility (the Facility).

Mobile money pilot project submitted to PM for approval

A mobile money pilot project has been submitted to the Prime Minister for approval, marking a bold step for the development of payments using telecommunication accounts in Việt Nam, Governor of the State Bank of Việt Nam Lê Minh Hưng said at the dialogue between the PM and the business community on Saturday.

Labour demand rises in some industries, drops in others in first quarter

While many workers in several industries in HCM City lost jobs in the first quarter amid the COVID-19 pandemic, recruitment demand in other fields rose.

Citibank Introduces Market-First Virtual Meeting Room for Insurance Business Citibank Introduces Market-First Virtual Meeting Room for Insurance Business

Stay Secure Shop Online with The Best Next-Gen Virtual Prepaid Card

To overcome the disadvantages of previous-gen unidentified virtual cards, CIMB unveils OctoFast – the next-gen virtual card with first-to-market e-KYC solution - brings significant benefits to their customers.

Banking sector reviews effects of Covid-19 pandemic, prepare for difficult year The governor of the State Bank of Việt Nam, Lê Minh Hưng, has called on banks to simplify lending procedures to enable COVID-19-affected firms to easily get loans at preferential interest rates.

Vietcombank and FWD launch exclusive bancassurance partnership

Joint Stock Commercial Bank for Foreign Trade of Vietnam (“Vietcombank”), the leading commercial bank in Vietnam, and FWD Vietnam Life Insurance Company Limited (“FWD”) have officially launched an exclusive 15-year bancassurance partnership.