In October, the central bank said another two were to be absorbed by bigger banks. The State Bank of Vietnam last year mounted an unprecedented rescue of SCB after it became embroiled in the ...

HANOI, Jan 17 (Reuters) - Vietnam's central bank directed two leading commercial banks to take over underperforming rivals on Friday, as part of a drive to restructure the banking system and ...

Vietnam’s credit growth could surpass the 2025 target of 16%, subject to controlled inflation and favorable microeconomic ...

HANOI (Reuters) -- Vietnam's central bank directed two leading commercial banks to take over underperforming rivals on Friday, as part of a drive to restructure the banking system and tackle bad ...

Gold prices surged significantly, exceeding the threshold of 90 million VND (3,550 USD) per tael at the opening session of ...

Standard Chartered on Friday predicted Vietnam’s economy to grow by 6.7% in 2025, while the government has proposed to raise ...

The banking merger and acquisition (M&A) market in 2025 is expected to remain active, particularly with mandatory transfer deals involving struggling banks, alongside those without foreign strategic ...

HANOI – Vietnam’s central bank directed two leading commercial banks to take over underperforming rivals on Friday, as part of a drive to restructure the banking system and tackle bad debt that it ...

Bad debt was on a rising trend and Vietnam's bond and stock markets are facing difficulties, as is the property sector, despite signs of recovery, deputy central bank governor Dao Minh Tu told a ...