Tag: Vietnam energy investment

The recently released consolidated financial statements for the second quarter of 2025 reveal that Orient Commercial Joint Stock Bank (HOSE: OCB) has achieved remarkable financial performance. The bank reported a remarkable pre-tax profit of over VND 999 billion, reflecting an 11% increase compared to the same period last year. This impressive growth is attributed to the bank's strategic focus on core income growth and a robust performance in its services division.

The recently released consolidated financial statements for the second quarter of 2025 reveal impressive results for the Joint Stock Commercial Bank for Foreign Trade of Vietnam, commonly known as Vietcombank (HOSE: VCB). The bank reported a remarkable pre-tax profit of over VND 11,034 billion, reflecting a 9% increase compared to the same period last year. This outstanding performance is attributed to a significant reduction in risk provisions.

Between July 21 and July 28, 2025, the State Bank of Vietnam (SBV) injected a net amount of VND 84.415 trillion into the open market, aiming to bolster liquidity in the banking system.