Business - Entrepreneur
Proposing to support VND5,000 billion to increase Co‐opBank's charter capital
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On the afternoon of April 19, 2025 in Hanoi, the Co‐opBank 2024 Members' Congress took place on the occasion of the 30th anniversary, opening a new chapter for the bank on its multi-purpose, modern journey.
Co-opBank celebrates 30 years of establishment, affirming its role as a community bank
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After 3 decades of development, Co-opBank has become a pillar connecting the people's credit fund system.
LPBank's Q1 profit nearly reached VND3,175 billion
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At the end of the first quarter of 2025, Loc Phat Bank (LPBank) recorded pre-tax profit of VND 3,175 billion, up more than 10% over the same period last year.
State -owned enterprises in Quang Nam bankruptcy because of more than 151 billion dong debt
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Quang Nam - After many years of losses and unsuccessful restructuring, Quang Nam Food and Service Joint Stock Company was officially closed by the Provincial People's Committee.
Approving the first mineral exploitation of minerals in the first leveling ground in Dak Nong
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Dak Nong has just approved the first mineral mining rights in the first leveling earth mine in the province.
Wanting to mobilize nearly 1,580 billion, where will Nam Kim Steel invest money?
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Nam Kim Steel wants to raise nearly VND1,580 billion through issuing shares. The company is investing heavily in the Phu My Steel Plant project with a total investment of VND4,500 billion.
Hanoi announces the Capital Young Entrepreneurs Award 2024
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On October 3, the Thang Long Young Entrepreneurs Award - Honoring Outstanding Young Entrepreneurs of the Capital 2024 will be held.
Inauguration of phase 2 of electronic components factory
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The inauguration ceremony of phase 2 of the electronic components factory of Sanhua Vietnam Co., Ltd. took place at An Duong Industrial Park, An Duong District, Hai Phong City.
For Tet, the names of enterprises paying dividends are up to 15%
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Many businesses have announced cash dividends, with the highest payment rate being 15%.
Ms. Truong My Lan was prosecuted, the Securities Commission advised investors to stay calm
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The State Securities Commission spoke out after the Ministry of Public Security initiated a case of fraud and appropriation of property, which occurred at An Dong Investment Group Joint Stock Company and prosecuted the accused for temporary detention of Ms. Truong My Lan.
4 banks unexpectedly have their credit rooms extended by the State Bank
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Latest information: The State Bank has just adjusted credit rooms for 4 banks including VPBank, HDBank, MB and Vietcombank.
Revealing details of credit room expansion limits of 18 banks
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Sacombank, Agribank, HDBank, MB, SHB are the top 5 banks with the highest credit room extensions in September. According to VNDirect experts, a total of 18 commercial banks have been granted additional credit growth limits, accounting for about 80% of the system's credit.
Securities: Risk of trading suspension, FLC shareholders " make a profit and suffer losses"
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According to securities experts, the results of the suspension of trading of FLC, HAI and ROS were seen in advance. With the market price already low and bad news surrounding, the assets of shareholders are seriously threatened.
ROS increases fake charter capital before listing on the stock exchange
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The ROS fraudulent increase in charter capital from 1.5 billion to 4,300 billion VND occurred before this company was listed on the stock market.
The State Bank may extend credit room to 16%
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Opening a credit room is a hot topic attracting the attention of the financial world. Stock analysts predict that the State Bank can extend the credit room by up to 16%.
Should I buy SJC gold bars or gold rings when the price difference is sky-high?
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SJC gold price has increased by 10-11% since the beginning of the year. However, the risk is that the imbalance between SJC gold prices and world prices is very high, sometimes up to 15-18 million VND/tael. In July, there was a trading session of SJC gold price "evaporated" 6 million VND/tael in less than 24 hours, causing investors to be discouraged by losses. High risk, high profit. So should I buy SJC gold or gold ring?
Tycoon Duong Cong Minh becomes Senior Advisor to the Board of Directors of Bamboo Airways
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Mr. Duong Cong Minh became Senior Advisor to the Board of Directors of Bamboo Airways Airlines.
SBV: "The bank refuses to lend not necessarily because the credit room is gone!"
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Credit in the first 6 months of 2022 is the highest in the past 10 years. Recently, some banks have reported that the credit room is gone because banks increased credit too quickly in the first 6 months of the year. The refusal to lend to customers is not necessarily due to running out of room but may also be due to having to ensure safety ratios, or some low-ranking banks do not have high credit growth..., said a representative of the State Bank.
What will happen to the fever of hot interest rate increases from now until the end of 2023
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"The pressure to increase deposit interest rates in the second half of 2022 is present if the credit limit is extended. The gap in credit - deposit growth is currently high and deposits from the State Treasury may no longer be abundant if public investment begins to be boosted," said an SSI expert. How will bank interest rates go from now until the end of 2023?
Experts rush to predict the State Bank will soon increase interest rates
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"The State Bank may raise interest rates earlier than expected as inflation increases and the VND depreciates faster than expected, especially if the Fed continues to take a hawkish stance," said Tim Leelahaphan, Economist in charge of Thailand and Vietnam, Standard Chartered Bank.