Tag: personnel decisions

Some argue that the insurance payout limit of 125 million VND has become outdated in relation to today's living standards, necessitating a more flexible adjustment.

Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank) has announced its plan to acquire Lim II Tower (62A Cach Mang Thang Tam, District 3, now Xuan Hoa Ward, Ho Chi Minh City), the building it has leased as its Ho Chi Minh City Branch headquarters for many years. This strategic move, subject to shareholder approval via written consent, underscores Vietbank’s financial strength, enhances its competitive edge, and aligns with its goal of becoming one of Vietnam’s top 15 commercial joint stock banks, as outlined in its strategic vision.

The real estate credit line has shown a robust recovery since the beginning of 2025, fueled by stable mortgage interest rates that have reignited market activity. Experts highlight this trend as a key driver in cultivating a sustainable and potential customer base for the banking sector.