A New Era for REE: Mrs. Nguyễn Thị Mai Thanh Steps Down as Chairwoman...
Effective November 22nd, Mrs. Nguyen Thi Mai Thanh stepped down from her role as Chairwoman of the Board of Management. Mr. Alain Xavier Cany, the former Vice Chairman, has been appointed as the new Chairman.
The Great Seafood Tax Scandal: Seaprodex’s Tax Troubles
The Tay Do Customs Branch has enforced a measure to collect outstanding late payment fees amounting to 853.46 million VND by deducting funds from Seaprodex's account at the Vietnam Export Import Commercial Joint Stock Bank - Eximbank, Thuân An, Binh Duong province.
“SeABank Tops the List of Best-Governed Companies in VLCA 2024”
On November 16, 2024, at the prestigious VLCA 2024 Awards, recognizing the best-listed companies, SeABank (HOSE: SSB) proudly claimed the top spot in the Top 10 Best Corporate Governance Companies (Midcap group). The bank also secured a place in the Top 10 Annual Reports in the Finance sector.
“Eximbank Shareholders Revolt: A Call to Action Against the Discharge of the Chief Controller.”
A group of major shareholders in Eximbank have raised concerns over the removal of Mr. Ngo Tony from his position as Chief Controller. They believe that the decision to terminate his role was made in violation of legal procedures and have voiced their opposition to this move.
The Elusive Nature of CASA: Unraveling the Mystery Behind its Third-Quarter Decline Amid Steady...
In Q3, most banks witnessed a decline in their CASA ratios. CASA accounts seem to be mere "pit stops" for funds before they are directed towards more "serious" business ventures.
The State of Banking: Unlocking the Secrets of 2024’s Third-Quarter Financial Results
The challenging economic landscape and rising non-performing loans in Q3 2024 forced banks to increase their provisions, impacting their profitability. Despite this headwind, there are predictions of a clear performance divergence between different tiers of banks.
The Golden Rush: Gold Prices Soar Past $2,700/oz Despite a Strong US Dollar
This week, the global gold price surged by VND 4.4 million per tael, recovering most of the loss from the previous two weeks' decline of over VND 5 million per tael.
Is Vietnam’s Retail Banking Sector Emulating the Fast-Moving Consumer Goods (FMCG) Industry?
The retail banking sector is rapidly taking on FMCG-like characteristics. This is a notable trend, driven by the increasingly fierce competition fueled by digital technology.
“Bank Deposits Continue to Flow In: Unraveling the Mystery Behind the Dip in CASA...
In Q3, most banks witnessed a decline in their CASA ratios. CASA accounts seem to be mere "pit stops" for funds before they are directed towards more "serious" business operations.
The Great SCB Misunderstanding: How a Typo Caused a Stir
Former SCB chairman claims that he misremembered the amount of his Lunar New Year bonus due to confusion and fear.
Latest article
The Foreign Sell-Off Continues: Vietnam’s Real Estate Stock Takes a 600 Billion Hit
Foreign investors continued their net-selling streak, offloading Vietnamese shares worth over 921 billion VND today.
The Crypto Rush: Unlocking Digital Wealth
Digital currencies, though not yet recognized in Vietnam, have attracted many investors willing to take on the high risks for the potential of substantial gains.
The Brightest Stocks Today
The spotlight in the morning session (November 20th) was on the real estate "wave". In the afternoon, the VN-Index surged by more than 10 points thanks to increased buying interest in the real estate and banking sectors, with large-cap stocks such as VHM, BID, and VCB leading the way.
