Bank

VPBank's representatives anticipate a 20-25% increase in the Group's profits in 2025 compared to 2024. This optimistic forecast is attributed to a combination of favorable factors and the new growth cycle of FE Credit.

A nuanced and thoughtful approach is always required when it comes to tax policy adjustments. It is a delicate balance between ensuring sufficient revenue for the government, maintaining the stability of the financial system, and protecting the interests of individuals.

Today's USD exchange rate on February 11, 2025, witnessed a significant surge in the central rate, setting a new record. The selling price of USD at banks soared past 25,600 VND per USD, the highest in history.

In a volatile global economic landscape, Governor of the State Bank of Vietnam, Nguyen Thi Hong, has expressed her determination to contribute to achieving an ambitious 8% economic growth target, while also keeping inflation in check and ensuring stability in the currency market. The banking sector is projected to witness a credit growth of approximately 16%, yet it is imperative to devise synchronized strategies to mobilize and utilize capital more efficiently.

After nearly two months of the Metro Ben Thanh - Suoi Tien becoming operational, from February 14, 2025, commuters will have an additional cashless payment option with the introduction of NAPAS cards. The automated ticketing payment system on Metro Line 1 is implemented by Sacombank and its partners, utilizing the Open-loop technology model.

On February 18, 2025, HDBank (HOSE: HDB), Ho Chi Minh City Development Joint Stock Commercial Bank successfully hosted an Investor Conference to present its 2024 business results and 2025 outlook.

"With a strategic focus on diversifying its revenue streams and financial services offerings, Eximbank has carefully structured its lending portfolio to prioritize safety and efficiency. This approach has been instrumental in driving impressive business results for the bank, setting it on a path towards a remarkable year in 2024."

It is undeniable that economic growth has become increasingly reliant on monetary policy, as the effectiveness and reach of fiscal policy have not yet met expectations. However, this dependence, if prolonged, could pose potential risks to the economy.

The rising tide of non-performing loans is a significant challenge for Vietnam's banking system. It is not merely about managing bad debt but also about building a foundation for businesses to thrive and grow in an ever-changing world, ensuring that non-performing loans do not hinder the development of the financial system.

PVCombank, MSB, Vikki Bank, ACB, HDBank, and LPBank are among the banks offering exceptional "special interest rates" that surpass regular deposit rates.