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EFG Hermes makes a long arm for Vietnam market

The partnership signifies EFG Hermes’ strategy to widen its geographic footprint and identify new opportunities in the Southeast Asian nation of Vietnam, beyond its key presence in the Middle East and North Africa region.

Banks expect profit growth to slow down

After a year of breakthrough, Vietnam’s commercial banks have become more cautious, setting lower profit targets this year.

MB, ACB, SHB, VPBank and Techcombank enter a new race

Starting from very different positions in 2010, but since 2014, five banks have followed one after another closely regarding their total assets in which the distance of their values is usually under VND50 trillion (roughly US$2.2 billion).

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)