News
MB recognised as “Best FX Bank in Vietnam” for second consecutive year
Military Commercial Joint Stock Bank (MB) has once again been honoured by The Asian Banker as the “Best FX Bank in Vietnam” at the Transaction Banking Awards 2025, held in Jakarta, Indonesia on May 22.
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Banks bet on wholly owned life insurance
Several Vietnamese banks are shifting from bancassurance partnerships to establishing their own insurance companies, paving the way towards building full-fledged financial conglomerates.
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Outlook brightens for bank stocks in H2
As bank stocks continue to trade below their book value, the sector is seeing growing optimism for the second half of the year (H2).
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VCBNeo launches new brand identity and NeoOne digital banking app
The rebranding follows the bank’s formal transfer to Vietcombank and reflects its new positioning as a technology-driven bank serving a broader range of customers, particularly those new to banking.
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Techcombank issues additional 2,000 billion VND in bonds
On May 9, 2025, Techcombank issued 2,000 24-month bonds with a face value of VND1 billion/bond. This is one of many consecutive issuances recently to increase medium and long-term capital.
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LPBank prepares to pay 25% cash dividend, highest in banking industry
This May, LPBank shareholders will receive 2024 cash dividends at a rate of 25%, equivalent to VND 2,500/share, with the total expected payment exceeding VND 7,468 billion.
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Vietcombank released its interest rate information for April 2025
Vietcombank released its interest rate information for April 2025
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ABBANK and VietED Group join hands to develop sustainable livelihood solutions for farming households.
Hanoi, May 13, 2025 - An Binh Commercial Joint Stock Bank (ABBANK) and Viet Community Enterprise Development Group Corporation (VietED Group) have officially signed a Strategic Cooperation Agreement to accelerate sustainable community development through innovative financial solutions.
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Agribank and MobiFone cooperate comprehensively, promoting digital transformation
On May 12, 2025, in Hanoi, the Bank for Agriculture and Rural Development of Vietnam (Agribank) and MobiFone Telecommunications Corporation had a working session to evaluate the results of cooperation in the past time, and at the same time discuss the strategic cooperation orientation in the coming time.
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VNPAY achieves international-standard security certification
VNPAY has become the first company in Vietnam, and the 26th globally, to achieve MPoC (Mobile Payments on Commercial Off-The-Shelf) security certification, the latest international standard for mobile payments, for its PhonePOS payment solution.
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Comprehensive financial and digital solutions for SME enterprises
Vietnam International Commercial Joint Stock Bank (VIB), Vietnam Payment Solution Joint Stock Company (VNPAY) and Visa (NYSE: V) have just announced a partnership to launch a comprehensive suite of financial and digital solutions, specifically designed to support Vietnamese small and medium-sized enterprises (SMEs) to improve operational efficiency, optimize payment processes and promote sustainable growth.
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Transferred weak banks under restructuring
Military Bank and Vietcombank, which took over struggling Oceanbank and CBBank late last year, have begun restoring the weak banks.
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ABBANK’s pre-tax profits more than double
An Bình Commercial Joint Stock Bank (ABBANK) achieved pre-tax profits of VNĐ407 billion (US$15.6 million) in the first quarter, a 128 per cent increase from the same period last year.
