banking industry

Update news banking industry

The banking industry has been recently abuzz with digital transformation as lenders embark on their journey to become more tech-enabled to keep pace with disruptive technologies.

Vietnam's banking industry waits for big M&A deals

The merger and acquisition market in banking industry in the first half of this year has received new signal when Korean bank became a major shareholders of BIDV in early November with a record M&A deal worth US$890 million.

Analysts divided on attractiveness of bank shares

 VietNamNet Bridge – Analysts have recently been bombarded with a question by investors: will bank shares continue to be attractive this year?

A prosperous year for Viet Nam’s banking industry

 VietNamNet Bridge – Profits of many commercial banks this year will hit the highest levels since 2012 thanks to rising capital demand, experts have forecast.

Thai firms regard VN as top investment spot

VietNamNet Bridge – Thailand's investments in Viet Nam have jumped in the past five years, fuelled by opportunities arising from the formation of the ASEAN Economic Community (AEC) and the impending Trans-Pacific Partnership.

Banking industry gears up for ASEAN

Vietnam banks have been in a restructuring mode lately as part of their attempt to get the banking system in shape for the Association of Southeast Asian Nations economic integration at the end of the year,

Foreign banks make high profits in Vietnam

VietNamNet Bridge – Despite many barriers, foreign banks have been prospering in Vietnam, dominating many service market segments.

Flexible monetary policy to continue

 VietNamNet Bridge – The State Bank of Viet Nam (SBV) must continue last year's successful management of its flexible monetary policy to assure economic stability in 2015,

Cross ownership a big headache in banking: MPI

VietNamNet Bridge – Cross ownerships among banks are still beyond control and complicate the process of tacking bad debts, said the Ministry of Planning and Investment (MPI) in a report sent to the Government’s monthly meeting three days ago.

Banking assets hit 237 billion USD in five months

VietNamNet Bridge – Total assets for the banking industry reached 5,225 trillion VND by the end of May, the highest level since the State Bank of Vietnam decided to disclose the figure in June 2012.

Bank assets surge $1.2b in February

 VietNamNet Bridge – After a decline in the first month of the year, domestic banks are recovering and registered an increase in assets, according to the State Bank of Viet Nam (SBV).