VietinBank plans equity capital increase from accumulated profits VietinBank (VTG) planned to increase its equity capital from its accumulated profits or paying dividend by stocks. The plan is being completed by the competent State agencies to complete the legal procedures to implement.

Share set to increase, facing corrections Vietnamese stock market is forecast to move higher this week, where correction and volatility is expected.

$49b loans of COVID-19 affected borrowers get preferential rates

Banks cut interest rates for loans worth more than VNĐ1.12 quadrillion (US$49 billion) of nearly 322,190 borrowers affected by the COVID-19 pandemic as of May 11, a State Bank of Việt Nam (SBV) report showed.

Banks urged to promote digitalisation

The COVID-19 pandemic has caused a serious effect to the economy, but it has helped accelerate the race for banks to go digital.

Shares slide after four-day rally The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) decreased 1.16 per cent to end at  852.74 points.

Shares rise for fourth consecutive day

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 1.15 per cent to close the trading session at 862.73 points.

Local enterprises look for new markets to get back on track

The COVID-19 pandemic greatly impacted global and national production chains, forcing domestic enterprises to find new markets and develop new products.

Government actions not enough to revive business sector: academic

The Government needs to do more to revive the business sector, Dr Trần Hùng Sơn, deputy president of the the Institute for Development and Research in Banking Technology under the Việt Nam National University HCM City has said.

P/B, P/E ratios at five-year low, banks should be good options With average price-to-earnings (P/E) and price-to-book (P/B) ratios at a five-year low, bank stocks are among the good options available for investors right now, analysts said.

12 suspects involved in BIDV violations to be prosecuted The Supreme People’s Court has decided to prosecute 12 suspects involved in banking operation violations occurred at the Bank for Investment and Development of Vietnam (BIDV).