Banking, securities and insurance firms dominate Forbes Vietnam's 2020 list of top 50 listed firms with 10 representatives.
Many banks have cut their deposit interest rates significantly this month due to a credit growth slowdown in the wake of the pandemic.
COVID-19 makes it a good time for businesses to look into new ideas and unite to overcome a hairy problem.
Vietnam’s Military Commercial JSC (MBBank) is seeking to sell a 7.5 percent stake to one or more foreign investors this year.
Moody’s Investors Service has upgraded the long-term local-currency bank deposits ratings and local- and foreign-currency issuer ratings of three banks of Vietnam from B2 to B1.
The People’s Committee of Can Tho city, the Novaland Group, the Boston Consulting Group (BCG), and the Military Commercial Joint Stock Bank (MBBank) have teamed up to implement a project on developing the Mekong Delta’s tourism adapted to climate change.
Many banks have planned to set up more branches and transaction offices in the early days of the new year to seize new business opportunities.
In the next few months, tax payments for customs clearance will be made available online, round-the-clock.
The State Capital Investment Corporation (SCIC) has declared record pre-tax profit of around VND19 trillion (US$844 billion) in 2016, which is 3.9 times higher than the profit earned in 2013.
Four commercial banks have taken over finance companies, and other banks are consulting with their shareholders about buying such firms to expand their consumer lending.
The State Bank of Vietnam has recently approved in principle a merger between the Song Da Finance Company (SDFC) and the Military Commercial Joint Stock Bank (MBBank).