The Secret to VIB’s 9,000 Billion VND Profit in 2024: Unveiling the Strategies for...
Vietnam International Commercial Joint Stock Bank (HOSE: VIB) has announced its consolidated financial statements, reporting a pre-tax profit of over VND 9,004 billion in 2024, a 16% decrease compared to the previous year. This comes amidst a 22% growth in credit.
DongA Bank: A Troubled Institution’s Forcible Handover and the End of Shareholder Power?
Prior to being placed under special control, DongA Bank's institutional shareholders included: Bac Nam 79 Construction, owned by Vu "Nhom", which held 10%; PNJ with 7.7% of the charter capital; Ho Chi Minh City Party Committee Office with 6.9%; Ky Hoa Tourism and Trading with 3.78%; An Binh Capital with 2.73%; and Nha Phu Nhuan with 2.14%.
The Art of Refinement: Banking Asset Quality Under Control
Experts believe that even with the expiration of Circular 02, the asset quality of banks can be kept in check throughout 2025.
Reversing Course: Vietcombank’s Profit Dip in Q4 2024
The Q4 2024 consolidated financial statements reveal that the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) posted a pre-tax profit of VND 10,702 billion, a 9% decline year-on-year, despite a reversal of provisioning.
The Power of Compounding: Maximizing Your Returns with a 6.2% Interest Rate on a...
The 1-year term deposit interest rates offered by banks vary, with rates ranging from 3.9% to 6.2% annually. These rates are subject to the banks' individual policies, and some institutions offer higher rates for online deposits compared to over-the-counter transactions.
Chairman Tran Hung Huy’s Bank Posts Record Profit, CASA Grows to 23.3%
The recently released consolidated financial statements reveal that Asia Commercial Joint Stock Bank (HOSE: ACB) recorded a pre-tax profit of nearly VND 21,006 billion in 2024, reflecting a 5% increase compared to the previous year.
Unlocking Profits: OCB’s Core Business Flourishes with Impressive Q4 Performance
Oriental Commercial Joint Stock Bank (HOSE: OCB) has announced its Q4 2024 financial results, reporting a robust pre-tax profit of VND 1,453 billion, and a strategic shift towards a sustainable development portfolio.
“Wealth Unveiled: Unraveling the Chairman’s Family Holdings in Vietbank”
As of December 31, 2024, Vietbank's Chairman of the Board, Mr. Duong Nhat Nguyen, held over 34.86 million VBB shares, representing a 4.88% stake in the Bank.
Unlocking the Power of Words: Crafting a Captivating Headline Unleashing the Mighty Pen: “TPBank’s Record-Breaking...
The recently released consolidated financial statements reveal that Asia Commercial Joint Stock Bank (HOSE: ACB) recorded a pre-tax profit of nearly VND 21,006 billion in 2024, reflecting a 5% increase compared to the previous year.
The Ultimate Guide to a Happy Holiday: Happy Lady Credit Card Offers up to...
Understanding the increased spending during the festive season and the upcoming Lunar New Year, Nam A Bank introduces an exclusive offer for its Happy Lady credit cardholders, with a focus on rewarding women. The promotion includes a generous cashback offer of up to 20%, along with a range of exciting benefits, ensuring a rewarding and advantageous experience for all cardholders.
Latest article
Powering Up: Energizing the 500kV Line for Imports from Laos
The Project Management Unit of Electricity of Vietnam - a leading power company in the country, announced that on January 23, at 10:43 pm, the 500kV Monsoon - Thanh My transmission line project, spanning across Vietnam's territory, was successfully energized. This pivotal project facilitates the import of electricity from the Monsoon Wind Farm (located in Laos) to Vietnam, marking a significant step forward in the region's renewable energy landscape.
The $47.5 Million Vietnamese Infrastructure Project: Importing Laos’ Hottest Export Product
This addition is of paramount importance to Vietnam's security apparatus.
Exporting to the US in 2025: Huge Potential, Significant Challenges
The year 2025 marks a pivotal moment for Vietnam-US trade relations, with an expected bilateral trade turnover of approximately $125-130 billion. Amidst the abundant opportunities, challenges will also abound. Thus, Vietnamese enterprises must strategize meticulously and formulate diverse plans to sustain and enhance their business ventures within the US market.
