Lunar New Year Special: SHB Offers Attractive Gifts for Business Customers
From now until March 31, 2024, Sai Gon - Ha Noi Bank (SHB) is launching the Tet promotion "Fully charged - Embarking on a prosperous New Year" nationwide, offering various gifts and diverse discounts on products and services worth up to over 600 million VND for business customers.
Sacombank records pre-tax profit of 9.595 billion dong in 2023, up 51%
According to the recently released consolidated financial statements, Sacombank (STB) reported a pre-tax profit of VND 9,595 billion in 2023, representing a 51% increase compared to the previous year, driven by a reduction in risk provisions.
Maintain CASA ratio above 40%, MB pre-tax profit in 2023 exceeds 26,300 billion
Military Commercial Joint Stock Bank (MB, HOSE: MBB) has reported a pre-tax profit of over 26.306 trillion Vietnamese dong in 2023, showing a 16% increase compared to the previous year. This remarkable growth can be attributed to the reduction in provisions for credit risks.
Latest Vietcombank Interest Rates in February 2024
According to the latest survey in February 2024, the highest deposit interest rate at Vietcombank is 4.7% per annum, applicable to personal deposits of 12 months or more with interest paid at the end of the term.
“Not having enough capital doesn’t always mean going to the bank”
According to experts, when businesses face a shortage of long-term capital, they should consider the capital market. When facing a shortage of short-term capital, they should think about banks and should not focus all their capital on one bank.
VIB affirms top position with award series from Mastercard and Visa
VIB has achieved numerous prestigious international awards from Mastercard and Visa, demonstrating its strong investment and development in credit card payment technology. This not only showcases innovation but also reaffirms VIB's position as a leader in the card industry, with a commitment to delivering high-quality services and customer satisfaction.
HDBank Investor Conference: Continuing the Path of High and Sustainable Growth
On the morning of February 1, 2024, HDBank (Stock code: HDB) - Ho Chi Minh City Development Joint Stock Commercial Bank, organized the Investor Conference to provide updates on its business performance in 2023 as well as share information on certain directions and prospects for 2024.
MB Bank: One of Vietnam’s Top 13 Outstanding Enterprises in 2023
The Military Commercial Joint Stock Bank's ranking in the Top 13 confirms its strong position in Vietnam's banking and finance industry.
Latest Interest Rates from VietinBank in February 2024: Up to 5% per annum
According to the latest survey in February 2024, VietinBank offers the highest deposit interest rate of 5% per annum for personal deposits of 24 months or more with interest paid at maturity.
National gold consumption drops to 55.5 tons as demand for jewelry declines
According to the World Gold Council, the demand for gold in Vietnam is influenced by global economic trends, with projected gold consumption of 55.5 tons by 2023.
Latest article
VISC Approves $5.2 Million for New Headquarters, Revealing Ties Within Ecosystem
Vietnam Financial Investment Securities Corporation (VISC, HNX: VIG) plans to invest VND 120 billion in acquiring a new headquarters located within the King Palace project in Hanoi, developed by Sakura Real, a fellow member of the same ecosystem.
Hàng Mã Townhouse Prices Surpass $1 Billion/m², 20m² Units Rent for $45 Million/Month
In the bustling heart of Hanoi's Old Quarter, Hang Ma Street stands as a testament to the city's thriving commerce. Property values and rental rates continue to soar, with multi-story buildings reaching up to $50,000 per square meter. Even compact kiosks, spanning mere dozens of square feet, remain in high demand, fully occupied by eager businesses.
Finance Ministry: Taxation Not the Optimal Tool to Curb Real Estate Speculation
According to the Ministry of Finance, the taxation of income from real estate transfers requires comprehensive research to ensure alignment with the ongoing refinement of policies related to land, construction, housing, and other associated sectors.
