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Secret from balance sheets of ‘Big 4’ banks

In per-labour-force terms, consumer debt even jumped from 41 per cent of income in 2013 to more than 100 per cent in 2020, according to HSBC.

BIDV officially offloading 15 per cent stake to KEB Hana Bank

Through a private placement, BIDV will be issuing 603,302,706 shares, equivalent to 15 per cent of its charter capital to Korea’s KEB Hana Bank, raising its chartered capital to VND40.22 trillion ($1.74 trillion

VietinBank lags behind in race among the state-owned banks

While both Vietcombank and BIDV announced significant profit growth, Vietinbank remained quiet and kept secret until the end.

BIDV maps out plan to transfer 15 per cent stake to Korean strategic investor

Joint Stock Commercial Bank for Investment and Development of Vietnam has recently announced its specific plan on issuance of 600 million new shares to Korean based KEB Hana Bank to raise its charter capital.

ADB provides $300 million loan to BIDV to support local small and medium sized enterprises

This is the largest commercial loan that the Asian Development Bank has provided to an Asian commercial bank so far.

BIDV seeks 15 per cent share sale to KEB Hana

South Korea's KEB Hana Bank will spend $650-700 million to acquire a 15 per cent stake in BIDV.

Techcombank to increase charter capital threefold up to $1.53 billion

A plan to increase the charter capital up to $1.53 billion from $504 million to become the third largest bank in Vietnam was approved in shareholders' extraordinary meeting of Techcombank held yesterday.

Taking position in $439 million of pretax profit - race of Tecombank and VPBank

The ambitious targets set by banks in 2018 forecast that the private banks will usurp the state owned commercial ones.

Experts are optimistic about the prospect of upgrading Vietnam stock market

Vietnam will attract more foreign capital, improve its transparency and the investment environment when its market is upgraded from frontier to emerging.

Billionaires in the hand of banks

Being a billionaire by owning billions of dollar of assets, many Vietnamese businesses use these assets to secure their loans or related companies at banks.

Stock indexes
1,209.52 4.55 0.38
Volume: 620,884,392 Value: 15,488 (Billions VNĐ)
226.82 -0.75 -0.33
Volume: 69,655,109 Value: 1,393 (Billions VNĐ)
88.76 0.43 0.49
Volume: 35,863,435 Value: 446 (Billions VNĐ)
1,240.5 6.78 0.55
Volume: 205,247,390 Value: 6,720 (Billions VNĐ)