HDBank Aims for Pre-tax Profit of Over 20 Trillion VND by 2025, 10% Foreign...

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The information about the plans in 2024 and the strategic goals for the 2021-2025 period of HDBank (HOSE: HDB) have been shared at the Investor Conference on the morning of February 1, 2024.

VietABank: Pre-tax interest in 2023 decreased by 16%, non-performing loans multiplied by 40

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According to the latest consolidated financial statements, VietABank (Ticker: VAB) recorded a pre-tax profit of over 928 billion VND in 2023, a 16% decrease compared to the previous year, mainly due to a significant increase in credit risk provisions. It is worth noting that the non-performing loans at the end of the year were 40 times higher than at the beginning of the year.

Are Central Banks Going in the Right Direction with Increasing Interest Rates?

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Some economists believe that the sudden increase in prices is only temporary, inflation will eventually decrease, regardless of whether banks try to contain it through tighter monetary policies or not.

Lowest Interest Rates for Loans, It’s Time to Settle Down

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Interest rates for loans are currently at their lowest level in 20 years, accompanied by a range of favorable lending policies from banks. This is creating an opportunity for potential homebuyers to invest or own their dream homes. The real estate market is gradually heating up as a result.

Official Implementation of New Regulations on Counterfeit Money Prevention

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Effective from 2nd February 2024, Decree No. 87/2023/NĐ-CP on anti-counterfeiting and protection of Vietnamese currency shall come into force.

Why did BVBank’s profit in 2023 only reach 16% compared to the hundred billion...

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BVBank, a commercial bank listed on the UPCoM under the ticker BVB, reported a pre-tax profit of nearly 72 billion VND in 2023, marking an 84% decrease compared to the previous year.

Governor: Strict penalties for ATMs with insufficient funds; no Lunar New Year wishes or...

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The governor has mandated increased surprise inspections and strict handling of cases involving cash shortages and non-functioning ATMs due to the bank's negligence;...


Mr. Ngo Dang Khoa (HSBC): Exchange rate under pressure in Q1, expected to stabilize...

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Prior to the rising trend of the USD, Mr. Ngo Dang Khoa - Director of Foreign Exchange, Capital Markets and Securities Services, HSBC Vietnam, has shared some insights and forecasts regarding the upward momentum of the USD and exchange rates.

Need to excel at writing ads that grab attention, engage readers, and drive results?

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Even in a stable market with low and stable interest rates, offering an attractive credit package remains essential and meaningful for the Bank-Business Connection program.

Explosive Stock Investment Profits: ACB’s 2023 Earnings Exceed 20,000 Billion

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The recently released consolidated financial statements show that Asia Commercial Bank (ACB) (HOSE: ACB) recorded a pre-tax profit of VND 20,068 billion in 2023, an increase of 17% compared to the previous year. This was achieved despite the increased provision for credit risk, thanks to a significant increase in interest income from external sources.

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Undersea Cable Repair to Phu Quoc Island Completed After Two-Month Effort

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Southern Power Corporation has mobilized 12 high-capacity generators from various provinces in the region to provide temporary electricity to Phu Quoc Island.

Billionaire Trần Bá Dương Reveals 10-Year Banana Deal with Fresh Del Monte: “We Faced...

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The billionaire emphasized that agricultural production constantly faces challenges from unpredictable weather, climate disasters, and especially diseases. Despite these hurdles, businesses must relentlessly strive to ensure consistent product quality.

“17 Ducks Swept into Pham Nhat Vuong’s Vinpearl Nha Trang Resort: Naming Contest Launched...

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The organizers have selected 17 of the most creative, meaningful, and captivating names to win 17 pairs of tickets to VinWonders Nha Trang. Additionally, the top 3 most beloved names will receive an extra special treat: 3 pairs of Zoo Keeper tickets.