Four bank shares to gain maximum 68 per cent in 12 months: JP Morgan

The New York-based financial institution said in its research that the Vietnamese banks “offered an increasingly rare combination of high and self-sustaining earnings growth."

Deputy PM urges IFC to buy stakes in major commercial banks IFC has already invested in the Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Sacombank and ABBank. 

Việt Nam wants to expand ties with South Africa: Deputy PM

The Vietnamese Deputy PM asked the South African government to help address problems regarding payment methods and consider allowing Vietnamese banks to open branches in the country.

Moody's review of Vietnam's Ba3 rating improper: Finance Ministry

The Vietnamese Ministry of Finance (MoF) on Thursday said Moody's Investors Service’s decision to place Việt Nam’s Ba3 rating under review for downgrade due to delayed payments on an obligation of the Vietnamese Government was improper as the Government has never delayed meeting debt repayment obligations.

Việt Nam makes significant progress in sustainable finance reforms: SBN Việt Nam is among 38 emerging market economies to have adopted significant banking reforms to boost development and combat climate change, the second Global Progress Report of the IFC-facilitated Sustainable Banking Network (SBN) showed.

Banks’ profit growth forecast to slow in 2019 Profit growth of Vietnamese banks in 2019 would be lower than the previous year, but still at a positive level, analysts from the Viet Dragon Securities Company (VDSC) forecast.

More two-way communication required to boost business partnerships: officials

Việt Nam and African countries should use more group exchanges to help both sides’ enterprises improve their understanding of each other, officials said yesterday.

HDBank receives green finance award HDBank has recently been awarded the Green Deal Award by the Asian Development Bank in Singapore, making this the first time a Vietnamese participating financial institution of ADB has won this award.

Banks cut priority loan interest rates

Soon after the US announced a 0.25 per cent cut in the benchmark interest rate on July 31 seven Vietnamese banks, including State-owned lenders, announced a cut in interest rates on đồng loans of at least 0.5 per cent to firms in the Government’s priority sectors.

Banks keen on green projects The State Bank of Việt Nam (SBV)’s latest survey of credit institutions (CIs) in the field of green growth and green credit released recently showed that the awareness of CIs on green credit has improved significantly.