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Asia Commercial Bank (ACB) is set to make waves in the gold market next Friday, becoming the first player to launch its own gold bar brand since the Vietnamese government lifted its long-standing monopoly on bullion production. The private lender is poised to…
Vietnam Report JSC recently announced the nation’s Top 10 prestigious and effective public companies for 2021 with six banks including Vietcombank, ACB, VPBank, VIB, MBBank and Techcombank. Over the past two years, these banks have been recognized by…
Asia Commercial Bank has set itself a profit target of VND10.6 trillion ($460.8 million) for 2021, up 10 percent from last year. If it manages to achieve the target, it will join a select group of lenders to surpass the VND10 trillion mark comprising…
Most banks reported profit growth in the first nine months, but bad debts posted a double-digit rise due to the impacts of the Covid-19 pandemic. VPBank saw its pre-tax profits surge by nearly 30 percent year-on-year to VND9.4 trillion ($402.75 million) as it…
