BIDV’s pre-tax interest income from credit sources increases by 21% in 2023
The consolidated financial statement reveals that BIDV (HOSE: BID), the Joint Stock Commercial Bank for Investment and Development of Vietnam, achieved a pre-tax profit of approximately 27,650 billion VND in 2023, representing a 21% increase compared to the previous year. This remarkable growth can be attributed to the strong growth of non-interest income and a reduction in credit risk provisions.
Multiple International Payment Benefits from PVcomBank Supporting Businesses
In order to support businesses on their journey to recovery and boost their production and business activities, PVcomBank is launching a series of financial solutions. One of these solutions includes a special promotion for international money transfer services, which will be available until mid-2024.
How long will the “king stock wave” last?
Since late 2023 until now, bank stocks have become a driving force for the stock market. Will the upward momentum of the "king stocks" group continue as the 2023 business results gradually emerge?
Why did MSB’s pre-tax profit fall by 37% despite the strong stock market investment?
Vietcombank (HOSE: VCB) has reported a pre-tax profit of nearly 607 billion VND in the fourth quarter of 2023, a 37% decrease compared to the same period last year, primarily due to a significant increase in risk provisions.
Over 37,000 dual ransomware attacks on Tet holiday, 83,000 people fell victim, urgent warning...
According to cybersecurity experts, dual ransomware is a form of attack that is highly "terrorizing" to its victims. The victims are forced to pay a ransom in order to "redeem" their data decryption key.
Bank stocks plummet after overnight financial report release on January 31st.
The banking stock group, which has been leading the market in the first weeks of the year, experienced a collective downturn today.
High gold demand sets record, prices expected to rise further this year?
The World Gold Council has announced that there is a record high demand for gold in 2023, and the price of gold may continue to rise this year.
The truth about the State Bank banning loans for future home purchases
Due to the recent regulations issued by the State Bank, many individuals are concerned about their ability to obtain loans for future housing purchases starting from July 2024. The State Bank has provided more detailed information regarding these new regulations.
Big 4 Real Estate Giant Selling Prime Land Lots in Beautiful Da Nang City...
A series of prime real estate properties situated on major roads in the cities of Danang and Quang Nam are being auctioned off by Agribank to recover outstanding debts. These land plots are owned by real estate tycoons.
New Information on a 9,000 Billion Dong High-Interest Loan Scheme
Major General Vu Xuan Vien, the Director of Danang City Police, recently shared his insights on the process of dismantling a criminal network involved in a massive loan shark operation worth 9 trillion VND.
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The Hub of a $100 Billion Economic Powerhouse Rising Next to Hanoi
The economic sector has garnered significant attention from major corporations worldwide.
“Illegal Construction by EURO Company: County Orders Removal Within 3 Months”
Despite the blatant violations, the People's Committee of Hoang Hoa District, Thanh Hoa Province, has extended the deadline for the illegal structure's demolition by Euro Company by three months.
The Korean Automotive Giant Enters the Vietnamese Consumer Market: Hyundai’s New Distribution Battle
Hyundai, a renowned automotive brand, has expanded its horizons and ventured into the world of consumer products in Vietnam. With a diverse range of offerings, Hyundai is set to revolutionize the market with its three flagship categories: home appliances, lighting solutions, and smart door locks.
