Tag: reorganization

The consolidated financial statements for the second quarter of 2025 reveal impressive results for the Joint Stock Commercial Bank for Investment and Development of Vietnam, better known as BIDV (HOSE: BID). The bank posted a remarkable pre-tax profit of nearly VND 8,625 billion, reflecting a 6% increase compared to the same period last year. As of the end of the second quarter, BIDV's total assets stood at over VND 2.99 million billion.

The crypto market took a tumble last weekend following US President Donald Trump's announcement of new tax policies, which imposed tariffs on goods from dozens of countries. This development sparked a risk-off sentiment, triggering a sell-off in the digital asset market.

"Regarding the credit growth cap, or 'room', as Deputy Prime Minister Ho Duc Phoc stated, this tool remains a vital lever in the short term for managing the economy. Adjusting this credit room is essential in the current context. Well-performing banks should be given more room to extend credit and boost the economy with much-needed capital."