HDBank Launches 'Korea Desk'

HDBank Launches 'Korea Desk'

To welcome the visit of President Yoon Suk Yeol and a delegation of over 200 large Korean enterprises to Vietnam, HDBank has officially launched the 'Korea Desk', a department providing specialised banking products, services, and advisory support for Korean corporate customers in Vietnam.

HDBank Generates $231 Million Profit in H1

HDBank Generates $231 Million Profit in H1

Ho Chi Minh City Development Joint Stock Commercial Bank announced business results for the first half of 2023, with pre-tax profit reaching nearly VND5.5 trillion ($231.6 million), continuing its growth trajectory of the last 10 years.

Nhịp cầu doanh nghiệp

Property Stress Would Test Vietnam’s Bank Buffers

Property Stress Would Test Vietnam’s Bank Buffers

In the event of a property downturn in Vietnam, developer-related exposures would pose the greatest risk for banks, in Fitch's view, but residential mortgage quality could also be affected in more significant market downturn scenarios.
Vietnam: Bracing for a Trade Winter

Vietnam: Bracing for a Trade Winter

After growing over 17% y-o-y in the first three quarters of 2022, export growth of Vietnam sharply moderated in October, with November seeing the first meaningful y-o-y decline in two years.
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