Customs sector strengthens anti-smuggling during Lunar New Year Ho Chi Minh City achieves record state revenue of over VND500 trillion in 2024 Why are seafood exports to some Middle Eastern countries blocked?
Banks increase non-interest revenue

Banks increase non-interest revenue

10:51 | 23/11/2024 Finance

VCN - In the first 9 months of 2024, the group of banks leading in profit has focused on increasing the ratio of non-term deposits (CASA) to help reduce operating costs, resulting in positive credit growth.
A “picture” of bank profits in the first nine months of 2024

A “picture” of bank profits in the first nine months of 2024

09:42 | 19/11/2024 Finance

VCN - Pre-tax profits for banks during the first nine months of 2024 remained positive, exceeding 200 trillion VND, solidifying the sector's position as a market leader.
Stipulate implementation of centralized bilateral payments of the State Treasury at banks

Stipulate implementation of centralized bilateral payments of the State Treasury at banks

09:29 | 29/10/2024 Finance

VCN - Payment accounts opened at commercial banks are only for state treasury revenues (referred to as specialized collection accounts).
How does the Fed

How does the Fed's interest rate cut affect Vietnam?

11:56 | 05/10/2024 Headlines

VCN - In the latest meeting of the Federal Open Market Committee (FOMC), the Fed decided to cut interest rates by 50 basis points to a range of 4.75%-5%. Analysts have given different perspectives on this decision.
Bank profits improve but there are no expectations

Bank profits improve but there are no expectations

09:48 | 20/07/2024 Import-Export

VCN - Currently, no bank has announced specific business results and profits for the second quarter as well as the first 6 months of 2024.
Another six months for debt restructuring but need to manage bad debt risks

Another six months for debt restructuring but need to manage bad debt risks

09:37 | 12/07/2024 Finance

VCN - Circular 06 has allowed an extension of six months to implement the solution to restructure the debt repayment period and maintain the debt group according to Circular 02 until December 31, 2024.
Finding investment direction for market fluctuations

Finding investment direction for market fluctuations

09:40 | 30/06/2024 Import-Export

VCN - Many indicators show that there are still many variables that can impact financial investment activities in the second half of 2024. However, the economy is still in recovery, so calculating and choosing investment channels appropriately, closely mo
Ensuring safety for a cashless society

Ensuring safety for a cashless society

09:39 | 30/06/2024 Finance

VCN - As the rapid increase in online fraud in the field of non-cash payments, many new solutions are being thoroughly deployed by agencies, units, banks and businesses to ensure user safety and promote the development of non-cash payments.
Banks actively sell secured assets but still find it difficult to "close orders"

Banks actively sell secured assets but still find it difficult to "close orders"

10:42 | 26/06/2024 Finance

VCN - A problem that has been reflected in the past few years is the "sluggish" banks' ability to sell mortgaged assets to handle bad debts, whether real estate, machinery, cars, or even gold.
Interest rate fluctuations in the world will affect Vietnam

Interest rate fluctuations in the world will affect Vietnam's exports

10:18 | 25/06/2024 Import-Export

VCN - According to experts, the recent interest rate cuts by the European Central Bank (ECB) and the Bank of Canada (BoC) are important moves that signal a broader trend of monetary easing among major central banks. This is likely to affect Vietnam's expo
Recovery underway, businesses need to accelerate credit

Recovery underway, businesses need to accelerate credit

13:41 | 19/06/2024 Import-Export

VCN - According to Mr. Le Tien Truong, Chairman of the Vietnam Textile and Garment Group (Vinatex), market demand is gradually recovering, which helped increase textile and garment exports in Q1/2024 by over 10% compared to the same period last year.
Solutions to prevent fraud via QR payment

Solutions to prevent fraud via QR payment

09:36 | 18/06/2024 Anti-Smuggling

VCN - Newly published information based on statistical data in the nationwide Payoo payment acceptance network shows that cashless payment activities continue to spread widely with the total value of cashless payments via Payoo increased 58% over the same
Banks are ready to deploy biometric authentication

Banks are ready to deploy biometric authentication

10:54 | 14/06/2024 Finance

VCN - VPBank recommends that, to avoid transaction interruptions, customers proactively update their account information according to their chip-embedded citizen identification card before July 1.
Increasing bad debt, many banks cut risk provisions

Increasing bad debt, many banks cut risk provisions

09:08 | 02/06/2024 Finance

VCN - In the first quarter of 2024, the summary of financial statements of twenty eight banks listed on the market shows that the bad debt balance of twenty eight banks increased by 14.4% compared to the beginning of the year, contrary to the decreasing t
Ambitious profit goals of banks

Ambitious profit goals of banks

10:32 | 13/04/2024 Finance

VCN - Setting the target of a sharp increase in profit is VPBank. According to the draft 2024submitted to the General Meeting of Shareholders, VPBank targets consolidated pre-tax profit in 2024 to increase by 114% compared to 2023, equivalent to VND 23,16
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