VN-Index tipped to approach 900 points by the end of this year

COVID-19 is still the decisive factor influencing the stock market.

Banks do well in first half but difficulties lie ahead for the year Nine of the 10 large-cap banks on the stock market are estimated to report positive profit growth for the second quarter of the year, according to SSI Securities Corporation (SSI)

Fiscal, monetary policies to be more proactive, flexible

Fiscal and monetary tools and policies will be governed in a more proactive and flexible manner from now to year’s end in order to maintain macro-economic stability and boost growth

Stronger money policies might be considered to aid economic growth: SBV The central bank’s statistics showed loan payment deadlines were restructured for nearly 260,000 customers with outstanding loans worth nearly VNĐ18 trillion (US$775.8 million)

VN-Index rebounds, propped up by PMI data and interest cuts

Việt Nam’s benchmark VN-Index surged on Wednesday after a six-day losing streak as investor sentiment improved following solid data of PMI in June and steep cuts in interest rates of some banks.

Bank lending expected to get out off coronavirus doldrums soon Experts have forecast bank credit growth in the second quarter to reach 3.5-4 per cent, much higher than the rate in the first quarter.

Lender ACB to issue bonus shares at the rate of 30 per cent Every shareholder will receive three new shares for every 10 shares they hold, meaning ACB will have to issue nearly 499 million new shares.

HDBank to pay dividend at a rate of 65%, focus on digital transformation The HCM City Development Joint Stock Commercial Bank (HOSE: HDB) plans to pay 2019 dividend at a ratio of 65 per cent, with 50 per cent in stocks and 15 per cent in bonus shares.

It will take time for economy to recover: expert PhD Doctor Nguyễn Đức Độ, deputy director of the Academy of Finance, talks to Hải Quan (Customs) newspaper on the need to promote the development of the domestic market

Consumer lending expected to recover well after pandemic ends

Will consumer loans remain a money-spinner for banks post-COVID-19? This was a question recently posed by market observers after witnessing the pandemic’s big economic impact on individuals and households, dragging down demand for personal loans.