Vietnam Banking Report 2018: Amidst earnings announcement, concerns about capital adequacy remain

In the first half of 2018, the Vietnamese banking sector enjoyed VNĐ35.5 trillion (US$1.53billion) in net profit, equivalent to 64 per cent of the previous year.

20% ceiling interest rate question remains open The Civil Code (revised), adopted by the National Assembly on November 24, states that negotiated interest rates must be controlled under 20 per cent per year, excluding loans stipulated in other laws.