News
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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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.
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VPBank secures record $1 billion sustainable syndicated loan
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has announced the successful execution of a landmark international syndicated loan transaction with an initial value of $1 billion, with an upsize option available depending on the bank’s future funding requirements.
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Many banks prioritise seeking foreign strategic investors
During this year's AGM season, many banks' boards and shareholders showed strong interest in securing foreign strategic partners.
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Banks meet Q1 2025 profit plans
Bank profits increased in the first quarter of this year, largely due to improved credit.
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Vietcombank and Vietnam Airlines partner to finance fleet expansion project
On April 23, 2025, Vietcombank and Vietnam Airlines officially signed a Memorandum of Understanding (MoU) to cooperate on financing the investment project for 50 new narrow-body aircraft.
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FE CREDIT – A sustainable business committed to social responsibility
Over 14 years of development, FE CREDIT has continuously refined its growth strategies, ensuring a balanced approach between business expansion and environmental and social benefits. Today, FE CREDIT is a pioneer in community-driven initiatives within the consumer finance sector.
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Shinhan Bank Vietnam launchs credit cards for SMEs and business owner with various benefits
Shinhan Bank Vietnam Limited (“Shinhan Bank”) has officially launched two new credit card lines: Shinhan SME and Shinhan Business Owner, specially designed for small and medium enterprises (SMEs), as well as business owners and private enterprises. Both Visa credit cards offer outstanding benefits, supporting customers in effectively managing their finances, optimizing spending, accumulating reward points and enjoying premium services.
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Eximbank proposes foreign ownership cap below 6% for strategic investors
According to Eximbank, the foreign ownership limit aims to stabilise the shareholder structure while creating room for future strategic investors.
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TCB, SHB stand out in Decision Lab Bank Satisfaction Rankings 2025
Specifically, with 84.6 points, four points higher than the previous year, Techcombank surpassed Vietcombank to secure the top spot. Vietcombank fell to the second place with a score of 84.3, while MB climbed to the third place with a score of 81.6, up one place from the previous period.
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WFIS redefines future of financial services
World Financial Innovation Series (WFIS) officially took place over two days—April 15 and 16—at the Melia Hotel in Hanoi.
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Several small banks eyeing major exchange listings
Several small lenders are planning to move their stock to major exchanges to bolster stock liquidity and replenish their capital sources.
