A bank records a profit of VND 5,919 billion in the first half of the year
A Quick Overview of the Banking Sector’s Profitability in H1
According to the business trend survey co… Read More
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Gold ring prices fell by just VND100,000 per tael despite a drop of up to $44 per ounce (about VND1.4 million) in global prices.
On the morning of July 20, SJC, PNJ, DOJI, Bao Tin Minh Chau… Read More
Saigon Jewelry Company has listed the price of round gold rings at 75.98 – 76.88 million VND per tael. This price is an increase of 330,000 VND per tael for buyers and 30,000 VND per… Read More
The Vietnamese economy grew by 6.4% in the first half of 2024, following a positive 5.1% in 2023. The global economic recovery and effective solutions for the domestic real estate market wi… Read More
SeABank Headquarters
The Ho Chi Minh City Stock Exchange (HoSE) released a report on July 17 regarding the trading of shares by an individual related to an insider of Southeast Asia Comm… Read More
The Soc Trang Provincial Police have announced that on July 18, the Investigation Police Agency decided to prosecute and arrest 11 individuals for “appropriation of property by fraud… Read More
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Bao Viet Joint Stock Commercial Bank (Bao Viet Bank) has announced its preliminary business results for the first half of 2024, with a pre-tax profit of VND 25.79 billion… Read More
BAOVIET Bank’s recently released financial report reveals impressive growth as of June 30, 2024. The bank’s total assets reached VND 97,062 billion, a significant increase of 14… Read More
The Allure of Stocks and Real Estate
Mr. Ngo Thanh Huan, Director of Personal Finance at FIDT Joint Stock Company, believes that stocks are the most promising investment opportunity in… Read More
Dr. Can Van Luc, Dr. Dang Ngoc Tu and the Research Team at BIDV Training and Research Institute have released a report assessing the impact of the recent wage increase on economic growth an… Read More
Foreign Sell-Off Surges To Nearly VND 2,000 Billion On Monday, With Heavy Selling In Two Bank Stocks
The VN-Index fluctuated around the reference threshold in the afternoon session after an initial upward trend, as cautious sentiment prevailed. The cautious domestic money flow, combined wi… Read More
HNX takes a series of stocks off the market and delists them. Illustration.
The Hanoi Stock Exchange (HNX) has just decided to put a series of stocks on alert and delist them.
Accordingly… Read More
VietinBank, one of the leading commercial banks in Vietnam, has recently issued a warning about an increasing number of scams involving impersonation of their recruitment staff. Fraudsters… Read More
On August 2, International Food Joint Stock Company – Interfood (code: IFS) will finalize the list of registered shareholders to receive a 24% cash dividend for 2023 (01 share will re… Read More
“The Ultimate Test” for Investors
DNSE Securities’ “Martial Arts of Derivatives” tournament concluded after a thrilling 3-month competition. Despite the volati… Read More
Without a solution to address the issue of large investors selling off large-cap stocks, market confidence will be further eroded, impacting the roadmap for the upgrade of… Read More
Finding Business Partners on TikTok
“What’s up, folks? I’m Tony,” says a young salesman, donning a deerstalker hat and holding a magnifying glass up to the camera, s… Read More
For over a decade, the leaders of South Korea’s largest chaebol could boast about their company’s advantage over the strongest smartphone manufacturer in Silicon Valley.
Samsun… Read More
Vaccine Package Breakdown, Reducing Cost Concerns for Many Families
In addition to the vaccinations included in the National Expanded Immunization Program for children organized annually b… Read More
In June 2024, the trend of increasing deposit interest rates continued as a series of commercial banks announced new interest rate tables, with increases across various terms. Savers were… Read More
After a long period of struggling with the pandemic, domestic and international tourism are experiencing a rapid recovery and development.
According to statistics from the Vietnam National T… Read More
Dat Bike’s Facebook fanpage recently shared a photo from 2018. The man in the photo is Sam Altman, co-founder and CEO of OpenAI, the company behind the famous ChatGPT application.
&ld… Read More
Gold prices rose to a 7-week high last week, marking its third consecutive weekly gain as inflation concerns in the US eased, raising expectations of an interest rate cut by the Federal Res… Read More
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Vietnam Prosperity Joint-Stock Commercial Bank (VPBank – Code: VPB) has just announced the appointment of Mr. Kamijo Hiroki as Deputy General Director, effective Ju… Read More
Interest rates for home loans are currently around 5-6% for the first year, while investors are offered rates of 7-8%. However, there is low demand for credit from both individuals and bus… Read More
The foreign exchange rate has been a key focus since March 2024. According to MBS Research, the VND has depreciated by 4.7% against the USD year-to-date. The movement of the VND is quite si… Read More
Mr. Pham Hong Hai has nearly 30 years of experience and significant influence in the finance and banking industry in Vietnam. With his exceptional capabilities, he became the first and only… Read More
A reader, Mr. Hoang Le, reported to Bao Nguoi Lao Dong that he had just been informed by his company’s administrative department of a text message demanding repayment of a loan he a… Read More
Warning: New Scam Tactics Targeting Job Seekers and Bank Customers in Vietnam
Vietnam’s Joint Stock Commercial Bank for Industry and Trade (VietinBank) has issued a warning about a ne… Read More
Article 48 of the Law on Real Estate Business stipulates that real estate project investors, real estate or property service enterprises must receive contract payments from customers throu… Read More
The State Bank of Vietnam has released statistical data regarding Total Means of Payment and Customer Deposits at credit institutions (CIs) for April 2024.
Total means of payment reached ov… Read More
VIB Loan To Pay Off Other Banks: 2-Year Fixed Interest Rate Of 7.5% P.a., Early Disbursement Support
Fixed interest rate for 2 years at only 7.5%/year, with a competitive interest rate margin of 2.9% after the promotional period
By transferring their loans to VIB, customers can enjoy att… Read More
On July 1st, Vincom Retail Joint Stock Company’s VRE stock caught attention as it soared to the 7% ceiling, reaching 21,850 VND per share. It was the only stock in the VN30 to hit the… Read More
On June 25, representatives from Heineken Vietnam confirmed that the company is in the process of temporarily halting operations at its Heineken Quang Nam Brewery branch project in June 202… Read More
From July 1, 2024, Vietnamese banks will require customers to authenticate themselves using facial biometrics for certain online transactions, as per the State Bank of Vietnam’s Decis… Read More
The Wimbledon Championships is one of the four Grand Slam tennis tournaments, alongside the Australian Open, French Open, and US Open. This prestigious event captures the attention of tenni… Read More
Free International Money Transfers – Now with 0% Fees!
Eximbank is thrilled to announce our latest promotion, ‘Sending Love Across Borders’, offering our valued customers… Read More
The State Bank of Vietnam (SBV) recorded an unusual spike in lending activities during the June 28 trading session, specifically in the lending of securities against collateral (OMO). Ten m… Read More
Notably, TTC AgriS, a prominent agricultural representative from Vietnam, made this list with its impressive revenue.
Fortune is renowned for its global rankings such as Fortune 500, Fortu… Read More
Vietnam’s money market witnessed an interesting development during yesterday’s trading session (June 25) as the volume of treasury bills auctioned soared to 25,000 billion VND&m… Read More
KES Group’s Impressive Presence at Vietbuild 2024 International Exhibition
This year at Vietbuild, KES presented a vivid portrayal of its green journey. With a “nature” th… Read More
The Vietnamese stock market continued to test supply and demand dynamics around the 1250 level, with today’s range being wider than yesterday’s. While the VNI dipped to 1247, it… Read More
Deep cuts in VND interest rates are putting pressure on important macroeconomic balances, most notably the exchange rate and asset bubbles. Illustration: DNCC
Exports, th… Read More
The Bac Giang People’s Committee has approved the transfer of 200 land lots in the form of subdivision and sale of land plots to individuals for self-construction of residential housin… Read More
The Long An Tax Department has recently notified the Department of Exit and Entry Management, Ministry of Public Security, about the temporary suspension of exit for Mrs. Luu Thi Phuong Chin… Read More
Deputy Prime Minister Tran Luu Quang and Deputy Minister of Planning and Investment Tran Duy Dong present the Decision of the Prime Minister approving the Master Plan… Read More
Thousands of vacant relocation apartments, people move in and then move out
Ho Chi Minh City has nearly 9,000 state-owned relocation apartments that have not yet been allocated to resident… Read More
Following the successful revival of the Nhiêu Lộc – Thị Nghè, Tân Hoá – Lò Gốm, and Bến Nghé – Tàu H… Read More
An Giang Authorities Intercept Illegal Transport of Over Half a Million USD Across the Border
Three individuals were arrested and detained in connection with the illegal transport of USD t… Read More
NRC’s Annual General Meeting for 2024 was held on the afternoon of June 25, 2024. Photo: Thuong Ngoc
NRC’s AGM approved the 2024 business plan with a total revenue of VND380 bil… Read More
Vietnamese Prime Minister Pham Minh Chinh held separate meetings with key figures from the Republic of Korea and China on June 25, 2024, in Dalian, China, as reported by the Vietnam News Age… Read More
Prior to June 20, Phuoc Huu – Duen Hai 1 had 14 outstanding bond lots with a total value of VND 955 billion. All bonds were issued in 2021, including PHDCH2124003 (VND 15 billion), PHD… Read More
This marks Mr. Dung’s ninth sale and the largest one in June. Since the beginning of the year, there have been 11 recorded instances of him divesting. His holding ratio has decreased f… Read More
Vietstock Fanpage & Vietstock YouTube Channel
The real estate sector is facing headwinds, with stock prices influenced by macroeconomic factors such as slowing GDP growth, rising bank i… Read More
## Police Issue Arrest Warrant for Former Deputy Director of DongA Bank’s Product and Service Department, Chau Thi An Binh, in Relation to a Criminal Case
Chau Thi An Binh, former Dep… Read More
At the seminar, VAMC and KAMCO agreed on several solutions to support VAMC in handling bad debts in the future, including: providing funding sources from the Korean government for technical… Read More
On the afternoon of June 23, Deputy Prime Minister Tran Luu Quang chaired the third meeting of the Tay Nguyen (Central Highlands) Coordination Council in Da Lat City, Lam Dong Province.
At t… Read More
Restructuring Plans for 2024
According to the 2024 Annual General Meeting documents, MTS aims to achieve a total revenue of nearly VND 4,174 billion and a pre-tax profit of nearly VND 18.3 b… Read More
According to the newly updated 2024 Annual General Meeting documents, Binh Long Rubber Industrial Park stated that the impact of the Russia-Ukraine war continued to dampen the economy, causi… Read More
VGP Outlines Profit Plan Amid Opportunities and Challenges
In 2024, VGP recognizes the advantages of its port location near Ho Chi Minh City’s center, along with its well-connected roa… Read More
PAN has announced an interim dividend with a ratio of 5%, meaning that shareholders owning 1 share will receive VND 500, matching the ratio approved by the 2024 Annual General Meeting of Sha… Read More
Cautious targets, achieving 46% of the plan after Q1
At the meeting, PVS set a consolidated revenue target of VND 15.5 trillion for 2024, a 20% decrease from the previous year’s perfor… Read More
GEG’s Board of Directors aims to present an ambitious plan to the general meeting, with projected revenue surpassing VND 3,100 billion, a 38% increase from the previous year, and a rem… Read More
Mythology Park, part of the Dragon Hill International Tourist Area
The Geleximco ecosystem, founded by entrepreneur Vu Van Tien
Glexhomes, formerly known as An Binh Star Joint Stock Company… Read More
The PITCO Annual General Meeting for 2024 was held on the morning of June 14, 2024. Photo: Tu Kinh
Petrolimex Import-Export Joint Stock Company (PITCO, HOSE: PIT) predicts that while the Vi… Read More
Annual General Meeting of TCSC was held on the morning of June 17, 2024
Vice Chairman of the Board, Nguyen Dong Hai, stated that the AGM passed a resolution to increase capital in 2022. Bac… Read More
The Casumina Board of Management has recently convened an extraordinary general meeting for 2024. The main agenda item was to appoint new members to the Board of Management for the 2021-2026… Read More
Business Targets of VNPT in 2023
Source: VietstockFinance
According to the 2023 audited financial statements, VNPT witnessed a slight… Read More
FPT IS and Oxford University Press (OUP) have joined forces to revolutionize English language teaching and learning in Vietnam. Through this partnership, the two organizations aim to bring… Read More
Moca e-wallet announces discontinuation of services to customers
In their announcement, Moca Technology and Services Joint Stock Company (Moca) has carefully evaluated and decided to implem… Read More
Bitcoin’s price has cooled off after surging to a high of $71,000 following the news of Ethereum ETF approval last week.
Interestingly, Bitcoin whales seem to be awakening from their… Read More
Connect to Wonders, Premium Services
Credit cards are becoming an integral part of everyone’s personal financial system, especially in this digital age. With the features and utilitie… Read More
VPBank raises rates for the second time in two weeks, increasing by 0.3 percentage points for terms of 12 months and above. Photo: LE VU… Read More
Why set credit growth targets?
The State Bank of Vietnam (SBV) has recently reported on its research and plans to phase out the practice of setting credit growth targets for individual credi… Read More
Danang International Fireworks Festival: An Explosive Celebration of Unity and Culture
An annual highlight in Danang’s calendar, the Danang International Fireworks Festival (DIFF) n… Read More
Saigon Commercial Joint Stock Bank (SCB) has announced the auction of 27 used ATMs as part of their asset liquidation process. These ATMs are located across various regions, including Ho Chi… Read More
On June 3rd, foreign investors net bought over 1.7 million STB shares. STB’s market capitalization increased to VND 56,085 billion.
STB share price movement since the beginning of the… Read More
Mr. Le Anh Dung, Deputy Director of the Payment Department of the State Bank of Vietnam, speaking at the event on May 28, 2024.
At the press conference announcing th… Read More
Unlocking The Golden Opportunity: Agribank’s Direct Gold Sales To The Public From June 3rd Onwards
In an effort to successfully achieve the government’s and Prime Minister’s directive of stabilizing the market, the State Bank of Vietnam (SBV) will sell gold directly to four st… Read More
The US dollar continues to strengthen globally.
Prioritizing Exchange Rates?
As of May 27, 2024, the central exchange rate of the US dollar to the Vietnamese dong recorde… Read More
Specifically, in 2023, VNZ incurred a net loss of over VND 2,000 billion after the audit (up from a loss of over VND 540 billion before the audit). The previous year, VNZ also recorded a net… Read More
Update as of 11:00 AM: Major gold trading enterprises have adjusted their SJC gold prices. The selling price has been unified at VND 78.98 million per tael, a decrease of VND 1 million. Mea… Read More
Gold prices on the move
In recent times, domestic gold prices in Vietnam have been on a rollercoaster, experiencing sharp increases. Compared to the beginning of the year, SJC gold prices h… Read More
The State Bank of Vietnam (SBV) has issued Circular No. 03/2024/TT-NHNN amending and supplementing a number of articles of Circular No. 19/2013/TT-NHNN guiding the purchase, sale, and handl… Read More
By 2:45 pm, the gold bar price at SJC company had dropped to 77.98 million VND per tael for buyers and 79.98 million VND per tael for sellers.
At 2:30 pm, some people were seen waiting for… Read More
How Installments Cultivate Financial Management Habits
According to Mastercard and Visa, over 95% of Vietnamese are aware of the installment method, and 87% of those survey… Read More
TPBank’s savings interest rates have been officially adjusted with a significant increase across all tenors, averaging 0.3-0.4%/year.
According to the counter savings interest rate ta… Read More
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BIDV’s savings interest rates for individual customers in June 2024
In the first week of June, the interest rates offered by the Bank for Investment and Development… Read More
According to the latest data from the State Bank of Vietnam, as of the end of February, household deposits in the banking system reached a record high of nearly VND 6,640 trillion, up 1.6%… Read More
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Statistics from the beginning of the month to the 29/5 session show that foreign investors have net sold nearly 50 million CTG shares of VietinBank, with a net sell value… Read More
Specifically, DCM’s Board of Directors plans to present to the AGM a revenue target of nearly VND 11,900 billion, a 6% decrease compared to the previous year’s performance. The p… Read More
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In contrast to last year, 2024 has started on a warmer note for the global market, and the wood industry is witnessing positive signals. According to statistics from the… Read More
In 2023, the Exchange’s revenue exceeded VND 3,000 billion. Revenue decreased by 10% compared to the previous year.
Securities trading service revenue was the largest contributor to th… Read More
Generation Z, or those born between 1997 and 2004, are known for their creativity, adaptability, and tech-savviness. However, they also face stereotypes such as impatience, lack of disciplin… Read More
## Long An IDICO to Double Capital to VND 1,710 Billion, Approves Borrowing and Guarantee Limits
On June 3rd, the Board of Directors of Long An IDICO Joint Stock Company (IDICO – LINC… Read More
In April 2023, a sustainable cassava project was initiated in four provinces: Dong Nai, Binh Phuoc, Tay Ninh, and Ba Ria-Vung Tau. Covering an area of 78.6 hectares, the project has shown re… Read More
Event Calendar
Companies Finalizing Dividend Payouts in Cash from 03-07/06
The highest dividend ratio to be finalized next week belongs to NDC (25%). With nearly 6 million circulating shar… Read More
Vinachem Chairman Nguyen Phu Cuong will retire from June 1, 2024, according to a decision signed by Deputy Prime Minister Tran Luu Quang… Read More
In the aforementioned period, Tran Thi Minh Tam, CEO and Member of the Board of Directors of LSG, intended to purchase 4.3 million shares, while Bui Huu Tai, Company Secretary and Administra… Read More
In a recent development, CAP has announced a postponement of the cash dividend payment for the 2022-2023 financial year to July 31, 2024. The company attributed this delay to insufficient fu… Read More
