Vietnam
Vietnam’s debit card payments market to be worth $65.6b in 2028
Vietnam’s debit card payments market to be worth $65.6b in 2028
The rising number of banked Vietnamese is pushing up adoption, although payment usage remains low.
Techcombank eyes more business clients with southern expansion
Vietnam’s fourth-largest bank by assets seeks to expand in Ho Chi Minh City and surrounding regions.
Vietnam’s VP Bank, Lotte team up to offer buy now pay later services
They will also issue co-branded cards in Vietnam.
Typhoon debt relief to squeeze Vietnamese banks profitability
It will delay the formation of bad loans.
Central bank names Dang Duy Cuong as director of Deposit Insurance of Vietnam
Dang is currently the deputy director general of SBV’s human resource department.
HDBank clinches $50m loan to fund climate projects, women-led firms
This brings HDBank’s total credit facility in Proparco to $100m.
VIB faces asset risks and capitalization strain amid rising NPLs
NPL ratio rose to 3.7% in June 2024.
Vietnam’s OCB to see loan delinquencies ease through 2026
Profitability will remain below historical levels, however.
Military Commercial JS Bank to sustain profits despite rising bad loans
Its NPL ratio deteriorated to 1.6% in June 2024 vs 1.4% a year earlier.
HDBank’s net profit up 48.9% to $324.47, in H1
Deposits in its digital banking channels have risen five-fold in a year.
Techcombank’s pre-tax profits up 38.6% in H1
The bank added nearly 1 million new customers in Q2.
Techcombank's AI push delivered 52 million financial insights in 2023
The bank said it has given 52 million personalised financial advice to customers.
HDBank reports 6.2% credit growth in H1
The bank’s return on equity (ROE) reached 26.7%.
Steady margins and higher trade gains buoy Vietnamese banks’ profits in H2
Asset quality risks are expected to remain contained, Fitch Ratings said.
HDBank is the first Vietnamese lender to share a sustainability report
It plans to become a net zero bank.
Crackdown may slow Vietnam banking processes: S&P
Vietnamese bank’s failure reveals corruption, fraud and violations in sector.
Vietnam’s PVComBank launches mobile banking services on AWS
The platform will reportedly benefit 1 million customers of PVComBank.
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