Latest News for: Hanoi banking

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Shares fail to maintain uptrend on selling pressure

Vietnam News 28 Sep 2023
Large-cap stocks were hit by profit-taking ... Most bank stocks fell, causing the overall index of the banking sector to drop 0.2 per cent. Losers were SeABank (SSB) down 4.8 per cent, Sacombank (STB) dropping 3.3 per cent, Saigon-Hanoi Bank (SHB) losing 1.4 per cent, Asia Commercial Bank (ACB) down 1.1 and HDBank (HDB) falling 0.6 per cent ... — VNS. .
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Techcombank Unveils New Headquarters in Hanoi and Ho Chi Minh City

The Saigon Times 28 Sep 2023
Hanoi, 27 September 2023 – Vietnam Technological and Commercial Joint Stock Bank (“Techcombank” or the “Bank”) announced the opening of two new buildings in Hanoi and Ho Chi Minh City (“HCMC”) that will serve as the Bank’s headquarters ... Located in the heart of Hanoi and ...
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ADB lowers Vietnam's economic growth forecast to 5.8 pct in 2023

China.dot.org 27 Sep 2023
HANOI, Sept. 27 (Xinhua) -- The Asian Development Bank (ADB) on Wednesday revised down its forecast of Vietnam's gross domestic product (GDP) growth in 2023 to 5.8 percent from the previous estimate of 6.5 percent in April ... 6.8 percent prediction in April, according to the bank.
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Shares close higher on bargain-purchases

Vietnam News 27 Sep 2023
The company's shares soared 6.9 per cent ... Banking stocks performed positively and bolstered the increase of the market with gainers including Military Bank (MBB), Techcombank (TCB), VietinBank (CTG), Việt Nam International Commercial JS Bank (VIB), Saigon-Hanoi Commercial JS Bank (SHB), Tiên Phong Bank (TPB) and Vietcombank (VCB) ... — VNS. .
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Standard Chartered Bank forecasts Vietnam's GDP growth at 5.1 pct in Q3

Xinhua 25 Sep 2023
HANOI, Sept. 25 (Xinhua) -- The Standard Chartered Bank forecasted Vietnam's economic growth at 5.1 percent in the third quarter of this year, an increase from 4.1 percent in the previous quarter, local media reported on Friday. The bank has recently released a global research report titled "Vietnam Macro.
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State Bank of Vietnam predicted to continue interest rate cut

Xinhua 21 Sep 2023
HANOI, Sept. 21 (Xinhua) -- The State Bank of Vietnam (SBV) is forecast to continue cutting interest rates in the rest of 2023 as its current priority is to spur credit growth and support economic growth, Vietnam News cited experts on Thursday ... State Bank of Vietnam predicted to continue interest rate cut.
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Vietnam may miss 2023 GDP growth target

The Saigon Times 20 Sep 2023
This outlook was a focal point of discussion among economists at the Vietnam Socio-economic Forum 2023, held in Hanoi on September 19. Can Van Luc, chief economist at the Bank for Investment and Development of Vietnam (BIDV), highlighted both external and internal challenges facing Vietnam’s economy ... .
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Vietnamese banks cut interest rates to stimulate demand for home loans

Xinhua 19 Sep 2023
HANOI, Sept ... The State Bank of ... The bank has recently set aside up to 15 trillion Vietnamese dong (nearly 615 million U.S ... Vietnamese banks cut interest rates to stimulate demand for home loans.
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Vietnam’s Economy Is on Fire. Why Its Stocks Aren’t.

Market Watch 15 Sep 2023
President Joe Biden singled out Hanoi for an Asian state visit this week, mostly to cement a 100-million-strong strategic counterweight to neighboring China ... The market has regained a third of its lost ground this year as Hanoi slowed down the purge and bolstered banks with liquidity.
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Shares end the week on positive note

Vietnam News 15 Sep 2023
In the basket, the biggest gainers were banking stocks, with gainers being Military Bank (MBB), Techcombank (TCB), Asia ... On the contrary, VietinBank (CTG) and Saigon-Hanoi Commercial JS Bank (SHB) suffered selling pressure, losing 1.4 per cent and 0.8 per cent, respectively.
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HDBank and Fulbright University Vietnam sign agreement for reciprocal capital during US President Joe Biden’s visit

Vietnam News 13 Sep 2023
Photo courtesy of the bank. The agreement was signed in Hanoi at a ceremony organised within the framework of activities on the occasion of US President Joe Biden's state visit to Vietnam ... Photo courtesy of the bank.
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ETFs report strongest monthly net withdrawal value in August

Vietnam News 09 Sep 2023
Meanwhile, they sold mainly Vinamilk (VNM), Vietinbank (CTG), Saigon-Hanoi Bank (SHB), Vingroup (VIC), Đất Xanh Group (DXG) and Hoa Sen Group (HSG) ... They net bought Tiên Phong Bank (TPB), Vingroup (VIC), Saigon-Hanoi Bank (SHB), Vinamilk (VHM), Đất Xanh Group (DXG), VNDirect (VND) ...
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Nearly VNĐ235 trillion raised through G-bonds in eight months

Vietnam News 08 Sep 2023
The State Treasury and the Vietnam Bank for Social Policies (VBSP) mobilised nearly VNĐ235 trillion (US$9.8 billion) in the first eight months of this year, the Hanoi Stock Exchange (HNX) has announced ... HÀ NỘI The State Treasury and the Vietnam Bank for Social Policies (VBSP) ...
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Low credit growth, decreasing profit put pressure on Vietnamese bank prospects in 2023

Xinhua 05 Sep 2023
HANOI, Sept. 5 (Xinhua) -- The outlook for the Vietnamese banking industry this year will be gloomier compared to previous years due to low credit growth and reducing profit, local newspaper Vietnam News reported on Tuesday, citing experts ... Low credit growth, decreasing profit put pressure on Vietnamese bank prospects in 2023.
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Shares climb on banking, seafood stocks

Vietnam News 30 Aug 2023
Banking stocks performed positively and bolstered the increase of the market with gainers including Military Bank (MBB), Techcombank (TCB), VietinBank (CTG), Việt Nam International Commercial JS Bank (VIB), Saigon-Hanoi Commercial JS Bank (SHB), Tiên Phong Bank (TPB) and Vietcombank (VCB).
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