The popularity of contactless payments has rocketed in Vietnam over the last few years, with banks launching more options for customers to enjoy going cashless.
Banking, securities and insurance firms dominate Forbes Vietnam's 2020 list of top 50 listed firms with 10 representatives.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has been named 2020 Best Solutions Provider for Small and Medium-sized Enterprises (SMEs) by prestigious magazine The Asian Banker.
Banks have advised account owners to be vigilant as fraudulent activities, both online and offline, are on the rise.
Banks in Vietnam posted solid profit growth and asset quality improvements in 2019, benefiting from the country's robust macro-economic environment, Moody's Investors Service said
Seventeen out of 45 commercial banks slashed the fees for interbank transfers of small sums worth less than 500,000 VND (21.5 USD) following the move of the National Payment Corporation of Vietnam (NAPAS) to cut switching fees with an aim to promote cashless payments.
Investors from the EU will have opportunities to own higher stakes in Vietnamese banks than those from other countries under Vietnam’s commitments in the EU-Vietnam Free Trade Agreement (EVFTA).
Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Vietnam Asset Management Company (VAMC).
Most large-cap firms have released full-year earnings reports for 2019 with 29 companies reporting a pre-tax profit of more than 3 trillion VND (roughly 130 million USD).
Since the quantity of trading normally witnesses a significant growth when Tet holiday approaches, sophisticated frauds are more likely to happen. Several commercial banks have issued their warning and tips to avoid such swindles, especially in online trading.
The 2020 Techcombank Ho Chi Minh City International Marathon, slated for December this year, is expected to see the participation of more than 16,000 runners.
Domestic banks are in a position to complete their 2019 profit targets if they finish the year on a high.
The Techcombank Ho Chi Minh City International Marathon 2019 took place on December 8, drawing the participation of nearly 13,000 runners from 66 countries and territories worldwide.
More and more customers are using e-banking services, leading to a rise in free-of-charge facilities offered by banks.
Seven Vietnamese athletes are ready to compete at the IRONMAN 70.3 World Championship 2019 to be held in Nice, France, on September 7 and 8.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) plans to issue more than 3.5 million shares for its employees in the form of an employee stock ownership plan (ESOP) at the price of 10,000 VND per share.
Registration for the 2020 TECHCOMBANK IRONMAN 70.3 Vietnam competition opened on July 26, offering early registration for 600 people in a two-month period.
Local banks have provided syndicated loan value of US$2 billion so far in 2019.
More than 10,000 runners will compete in the Techcombank Ho Chi Minh City International Marathon on December 7 and 8 in HCM City, the event’s organising board has announced.
The State Bank of Vietnam set the daily reference exchange rate at 22,957 VND/USD on the morning of March 22, up by 4 VND from the day earlier.