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)

VIB's journey to large retail bank Vietnam International Bank (VIB) aims to earn pre-tax profit of VNĐ4.5 trillion (over US$193 million) in 2020, up 10 per cent year-on-year. 

IFC raises trade finance limits for VIB to $144 million "IFC’s guarantee will help local banks significantly extend trade finance to more importers and exporters, some of which are credit-constrained and rely on bank trade facilities to manage cash flows and purchase raw inputs,” said VIB Chief Executive Officer Hàn Ngọc Vũ. 

First bank in Việt Nam complete Basel II three pillars

CEO Hàn Ngọc Vũ said VIB considers the implementation of all Basel II three pillars as one of the important tasks in the long-term for the bank's risk management.

Banks offering more and more free deals This is a far cry from two years ago, when charges were placed on electronic services in a bid to increase bank revenue.

Banks dominate corporate bond market in first seven months of 2019 Banks have been the main player in the corporate bond market so far this year, with eight of the top 10 biggest issuers being financial institutions.

Banks dominate corporate bond market in first seven months of 2019 Banks have been the main player in the corporate bond market so far this year, with eight of the top 10 biggest issuers being financial institutions.

VIB launches two new packages, gives away gold rewards According to VIB, Sapphire and Gold package users will have these fees waived for an initial three months.

VN stocks to struggle amid mixed corporate earnings The ongoing earnings season has created a divergence among groups of stocks and could derail the market from its short-term uptrend.

VN stocks may keep rising, driven by corporate earnings As corporate earnings are predicted to rise in the second quarter and first six months of the year, investors may return to the Vietnamese stock markets and lift local shares.