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HDBank pre-tax profit up record 51 percent in third quarter

HDBank pre-tax profit up record 51 percent in third quarter

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) has reported impressive results in the third quarter of this year, with pre-tax profits increasing by a record 51 percent year-on-year to over 1.23 trillion VND (53.4 million USD).

Vietcombank named as nation’s best bank in 2019 by Alpha SEA

Vietcombank named as nation’s best bank in 2019 by Alpha SEA

VOV.VN - The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been selected as this year’s best bank in Vietnam, according to Alpha Southeast Asia (Alpha SEA) magazine in an awards ceremony which recently took place in Singapore.

In photos: three dead and one injured in fatal collision

In photos: three dead and one injured in fatal collision

VOV.VN -Three people have been killed with another person seriously injured as a result of a major road traffic accident that occurred in Tuy Phong district, Binh Thuan province, between an oncoming train and a car.

Vietnam, Italy seek effective economic cooperation

Vietnam, Italy seek effective economic cooperation

The fifth meeting of a joint committee on economic cooperation between the Vietnamese Ministry of Industry and Trade (MoIT) and the Italian Ministry of Economic Development took place in Rome on December 4.

Credit institution assets reach nearly US$448 billion

Credit institution assets reach nearly US$448 billion

The total assets held by Vietnam’s credit institutions reached more than VND10.3 quadrillion (US$447.8 billion) by the end of May, an increase of 3.27% over the beginning of this year, the latest report from the State Bank of Vietnam (SBV) showed.

Low CAR spells doom for state-owned banks

Low CAR spells doom for state-owned banks

State-owned commercial banks are growing concerned over the critically low capital adequacy ratio (CAR) of around 9%, which also hit the minimum required CAR for the Vietnamese banking system.

Banks’capital adequacy in danger of plunging

Banks’capital adequacy in danger of plunging

The State Bank of Vietnam (SBV)'s statistics show that the average capital adequacy ratio (CAR) of the banking sector has been consistently falling since the beginning of this year.

Vietnam presses on with trade promotion in Italy

Vietnam presses on with trade promotion in Italy

A trade promotion programme is underway in Bologna and Rome cities from July 23-26, aiming to boost Vietnamese exports to Italy’s distribution network via the Coop Italia and Conad supermarket chains.

Man killed as truck crushes car on National Highway 1

Man killed as truck crushes car on National Highway 1

VOV.VN - A man was killed on the morning of July 14 in a collision involving a truck and a passenger car on National Highway 1 in the northern province of Nam Dinh, reported the Zing online newspaper.

Press conference for Saigon auto accessories expo

Press conference for Saigon auto accessories expo

VOV.VN - It was announced at a press conference that the 13th annual auto accessories expo set for May 25-28 at the Saigon Exhibition & Convention Center in Ho Chi Minh City will get bigger this year.

5 dead, 2 injured after train hits taxi-car in Hanoi

5 dead, 2 injured after train hits taxi-car in Hanoi

VOV.VN - Five Vietnamese nationals were killed and two injured on the morning of October 24 when a north-south railway train hit a taxi-car at a crossing in the Thuong Tin District of Hanoi, authorities said.

Thai consumer goods flood Vietnam market

Thai consumer goods flood Vietnam market

VOV.VN - Thai goods are flooding Vietnamese market and much sought after by Vietnamese customers for high and stable quality and reasonable prices.