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IFC increases trade finance limits for Vietnamese banks amid Covid-19

IFC, a member of the World Bank Group, has increased trade finance limits for Vietnamese banks as a rapid response initiative to address, in advance, potential trade finance challenges triggered by the outbreak of the novel coronavirus, known as COVID-19.

Persisting external headwinds remain the biggest risk to Vietnam’s growth

A possible deceleration in 2020 growth of Vietnam's main export markets would weigh on its growth.

Moody's puts Vietnam under review for downgrade because of delayed payment

Moody's Investors Service has placed the Ba3 local and foreign currency issuer and senior unsecured ratings of the government of Vietnam under review for downgrade, which Vietnam's Ministry of Finance said is not convinced.

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.

Private enterprise bond in Vietnam reached $4 billion

Vietnam’s private enterprise bond market increased 30 per cent year on year.

Foreign banks greenlighted to expand

The State Bank of Vietnam has given nod to branches of foreign banks to increase capital.

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.

Moody's upgrades ratings of local banks

Moody's Investors Service, also known as Moody's, has just upgraded the long-term local and foreign-currency deposit and issuer ratings of the three leading joint stock commercial banks of Vietnam.

SeABank continuously replaced senior personnel in short time

Within less than five months leading the Southeast Asia Joint Stock Commercial Bank (SeABank), Nguyen Canh Vinh has resigned from this position since February 8, 2018, for personal reason.

Stock indexes
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Volume: 200,647,169 Value: 3,161.96 (Billions VNĐ)
102.45 -0.81 -0.79
Volume: 0 Value: 0 (Billions VNĐ)
50.21 -0.12 -0.24
Volume: 9,445,572 Value: 115.98 (Billions VNĐ)
688.28 5.63 0.82
Volume: 83,954,890 Value: 1,943.19 (Billions VNĐ)