SSI revenue slumps in Q2 but still up in first half

SSI Securities Corporation reported a after-tax profit of VNĐ416 billion (US$17.7 million) on revenue of VNĐ1.58 trillion ($67.3 million) in the second quarter of the year, a year-on-year decrease of 26 per cent and 8 per cent, respectively.

MB to set up commercial bank in Cambodia

The State Bank of Việt Nam (SBV) has issued a written document allowing the Military Commercial Joint Stock Bank (MB) to establish a 100 per cent-owned bank in Cambodia on the ground of its branch in Phnom Penh.

Banks upbeat about Q3 2022 business results

A majority of credit institutions (CIs) are optimistic about their business performance in Q3 2022, the State Bank of Việt Nam (SBV)’s latest survey on business trends of credit institutions showed.