Mergers and acquisitions (M&A) for financial institutions are luring in numerous domestic and international investors due to the attractiveness of the rapidly developing, US$26.55-billion consumer finance market.

From early 2017 till now, many commercial banks have almost reached the lending growth cap set by the State Bank of Vietnam (SBV) and are now requesting SBV to set a higher credit growth limit to ensure more room for lending.

Along with licensed projects, foreign investors, especially Tata Power and ACWA Power, found new opportunities in the renewable energy sector in Vietnam.

The Vietnamese home appliance industry is luring in numerous foreign manufacturers from Thailand and China, making it harder for domestic enterprises to gain significant market share in this field.

FWD Vietnam Life Insurance Company Ltd. (FWD) and Nam A Commercial Joint Stock Bank (Nam A Bank) have signed an exclusive 15-year bancassuarance partnership to provide comprehensive and diverse life insurance products for Nam A Bank’s customers.

Vietnam’s biggest publicly-traded drug maker, Hau Giang Pharmaceutical JSC (DHG), will lift the foreign ownership limit (FOL) to 100 per cent from January 1, 2018.

SCG reports the operating results for the first half of the year, showing similar profit year-on-year due to good performance from the first quarter.

Unsecured loans from financial companies are becoming a popular consumer finance product in Vietnam, thanks to their simple procedures and rapid disbursement time.

Along with the development of digital technology, online lending is getting more popular by inducing numerous benefits for both borrowers and lenders. However, it also contains some possible risks that all should be wary of. 

GE Healthcare, in co-operation with Hanoi’s Friendship Hospital within the framework of the Diagnostic Imaging on Cardiac symposium, has held the launching ceremony for the Revolution CT 256 detector rows, an innovation in the diagnosis and treatment of heart diseases.