Vietnam Electricity (EVN) has signed the loan agreement for Sub-project 1 of the LNG Quang Trach II Power Plant project with four major banks, with the total value amounting to VND29.57 trillion (US$1.14 billion).

The Asian Development Bank (ADB) and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) have signed a US$250 million syndicated financing package to promote sustainable agriculture in Vietnam and support women-owned small- and medium-sized enterprises (WSMEs).

The State Bank of Vietnam (SBV) plans to raise the end-of-day gold position limit for credit institutions authorised to produce, export and import gold from 2% to 5% of their charter capital, a move expected to give banks more flexibility in supplying gold to the market.

VOV.VN - With a potential market upgrade in September 2025, BIDV Securities Company (BSC) forecasts Vietnam’s stock market could draw up to US$1.5 billion in capital inflows.

Leaders of the country’s four largest banks (the Big 4 group) BIDV, Vietcombank, VietinBank and Agribank have announced their preliminary positive business results for 2024.

The Central Committee of the Ho Chi Minh Communist Youth Union, the Vietnam Youth Federation and the Vietnam Young Entrepreneurs Association announced winners of the Vietnam Gold Star Award 2024 at a ceremony held in Hanoi on December 25.

While mergers and acquisitions in the Vietnamese life insurance sector have been relatively quiet, M&As in the non-life insurance sector have been quite strong, with the participation of both foreign and domestic investors.

Head of the Lao People’s Revolutionary Party (LPRP) Central Committee's Inspection Commission and the Central Anti-Corruption Commission of Laos and President of the Lao State Inspection Authority Khamphan Phommathat held separate working sessions in Hanoi on June 4 with leaders of Vietnamese leading enterprises.

VOV.VN - The State Bank of Vietnam (SBV) on June 3 sold SJC branded gold bars to four State commercial banks and a gold and gemstones company at a stable price in an effort to narrow the disparity between domestic and global gold bar prices.

Many banks are planning to sell shares to foreign investors with the aim of attracting more diverse capital and enhancing competitiveness.