Why is Home Credit Vietnam valued at nearly 22,000 trillion – twice or three...
SCB Thai Bank has acquired 100% of the capital contribution of Home Credit Vietnam for 800 million euros (equivalent to nearly 22,000 billion VND). This is the second largest M&A deal in the financial company sector in Vietnam, following the agreement to purchase 49% of FE Credit's capital by SMBC with a value of $1.37 billion in 2021.
How did Mrs. Truong My Lan cause SCB Bank to lose nearly 500,000 billion...
KPMG's audit firm in Ho Chi Minh City has released an independent audit report, determining that SCB Bank has a negative owner's equity of 443,769 billion VND and accumulated losses of 464,547 billion VND.
Bitterly embracing billions by investing, saving through an app
Many people in Ho Chi Minh City have had a bitter experience of losing billions of VND and had to seek help from the police after investing and depositing money through online apps with hopes of making a profit.
Online Scammers Repeating the Trick of Deceiving Collaborators, Swindling from a Few Million Dong...
After a period of calm, the online scam of "easy high-paying jobs" for freelancers is making a comeback recently, with the scam involving recruiting freelancers to process payments for e-commerce platforms...
Bright Future of Banking Stocks
As the largest capitalized group in the stock market and known as the "king of stocks," bank stocks are expected to attract funds in 2024.
3 Money-saving Tips x 3 Benefits for Young People
According to a recent survey conducted by MLIV Pulse with individual investors, two-thirds of respondents answered that they still prioritize keeping 60% of their investment portfolio in cash, due to the unclear trends in the financial markets.
Vietcombank launches multiple programs with preferential loans
All customers who come to Vietcombank will receive the best loan interest rates, finding the most suitable loan package for their needs.
Buyers Enjoy Big Profits from Gold Rings
This morning (28/2), while the price of SJC gold decreased, gold rings saw a significant increase, breaking the record set at the beginning of February. Therefore, buyers of gold rings on the day of the God of Wealth gained half a million dong per tael.
Many banks plan to sell equity to foreigners in 2024.
Following a period of lull, the sales of stocks to foreign investors have seen a resurgence in recent times, with several banks ramping up their efforts. Notably, some banks may even complete private placements for foreign investors as early as 2024.
Bank announces salary of over 40 million dong/month, I give my wife 20 million...
Since before Tet holiday until now, it seems like every 2 days, my wife has been reminding me about my salary. My wife wonders why, even though the bank announces a salary of over 40 million VND per month, I only bring home 20 million VND. Where does the remaining amount go?
Latest article
Localizing the Automotive Industry: A Test of Vietnam’s Industrial Mettle
In the pursuit of industrialization and modernization, few industries rival the automotive sector in terms of its far-reaching impact and inherent challenges. Each vehicle, a marvel of engineering, comprises tens of thousands of components, serving as a testament to a nation's manufacturing prowess, technological sophistication, and intrinsic strength. Over the past few years, Vietnam's automotive industry has made significant strides, solidifying its position as a key player in this dynamic landscape.
Japan Bridge Escapes Congestion After Separating Car and Motorcycle Lanes
Following the installation of rigid lane dividers by Hanoi's Department of Construction, traffic flow on Nhat Tan Bridge has significantly improved. After just three days, the separation of car and motorcycle lanes has resulted in smoother, safer travel for all commuters.
Three Construction Giants Secure Nearly VND 3.4 Trillion Contract for Long Thanh Airport Project
The powerhouse consortium of leading construction giants, including Coteccons, Hancorp, and ATAD, has secured a massive VND 3.4 trillion contract for the Long Thanh International Airport project.
