News
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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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.
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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.
