Banking: Huge Profits Yet Worried

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Several banks have announced their 2023 financial results, showing outstanding growth. However, they are also facing increased pressure in setting aside provisions for credit risk.

Where does Vietcombank’s profit over 41,000 trillion VND in 2023 come from?

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With these achievements, Vietcombank once again sets a new record for profitability in the banking industry.

Which bank offers the highest interest rate for online savings in early February 2024?

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Beginning February 1st, 2024, several banks have been adjusting their interest rates downwards for savings accounts ranging from 1 to 24 months. Based on a survey conducted across 16 banks, the highest annual interest rate for online savings deposits at a 6-month term is 5%, while for a 12-month term, it is 5.35%.

Researching a Dedicated Credit Package for the Collective Economic Area

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On February 2, Prime Minister Pham Minh Chinh presided over the 2024 Economic Cooperation Forum, focusing on "Enhancing State support policies in accordance with Resolution 20-NQ/TW - Driving force for the development of collective economy and cooperatives in the new phase."

Latest Interest Rates at Agribank in February 2023: Highest Rate for 24-month Term

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Interest rates for deposits at Agribank have further decreased in early February 2024 compared to January. Specifically, individual customers' deposits are subjected to interest rates ranging from 1.7% to 4.9% per annum, while business customers' deposits are subjected to interest rates ranging from 1.7% to 4.2% per annum.

Woman’s bank account hacked, police contacted immediately, suspicious details emerge

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"Access a mysterious link to synchronize personal data, a woman from Hanoi receives a message from the police with a commitment to reimburse the entire amount that was stolen."

Declining USD Prices: Banks and Free Market Suffer Declines

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Approaching Tet holidays, the USD price in banks and the free market dropped significantly, despite the international USD index maintaining a high level.


Love Sharing: The Power of compassion

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The majority of things diminish when shared, but love and kindness only grow. Perhaps, this is why Sacombank's "Warm Spring of Love" journey has been happening continuously for the past 21 years, spreading love and compassion across provinces and cities in our country, as well as reaching our neighboring countries, Laos and Cambodia.

Deadline for Reporting Gold Market Management and Operations Results to SBV Today, January 31

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As per the directive of Prime Minister Pham Minh Chinh, today (January 31, 2024) is the deadline for the State Bank of Vietnam (SBV) to submit a report on the summary of Decree 24, which includes proposals for amending and supplementing certain regulations for managing the gold market.

Hải Hà Petro and Xuyên Việt Oil accumulate bad debts of over 11,000 billion...

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Not only did these two petroleum companies commit violations regarding the Price Stabilization Fund and massive tax debts, but they also have bad debts at banks amounting to tens of thousands of billion Vietnamese dong.

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Real Estate Firm Surpasses Profit Targets Through Strategic Stock Investments

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Fueled by significant gains from stock investments, Nha Da Nang reported a post-tax profit of over 145 billion VND for the first nine months of the year, a 3.5-fold increase compared to the same period last year and far exceeding its annual target.

How is the Free USD Rate Faring Post-State Bank’s Proposal for Inter-Ministerial Coordination?

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The free USD exchange rate has stabilized following the State Bank's request to the Ministry of Public Security to inspect, monitor, and regulate foreign exchange activities.

Central Bank Warns: Individuals Exploiting Cash Foreign Currency Purchases for Profit

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In recent days, the USD exchange rate in the unofficial market has shown an upward trend, accompanied by noticeable discrepancies in trading rates within the banking system.