bank
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Vietnamese Banks on Track for Growth Targets
July 07, 2016 Improved business conditions and stronger credit demand have allowed Vietnamese banks to grow 20.4 percent over 2015. This puts them on track for their targeted credit growth of 18-20 percent in 2016
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Loanvi: Vietnam’s New Lending Club
June 08, 2016 LoanVi is a Vietnamese fintech startup with a monumental ambition. The company aims to bridge the gap between Vietnam’s unbanked individuals – a staggering 70% of the population – and fixed income investors. In a financial system characterized by legal barriers and lender paranoia, LoanVi is the only startup tackling Vietnam’s peer-to-peer lending market.
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Momo: Meet Vietnam’s Venmo
June 07, 2016 Vietnamese fintech disruptor Momo has been lauded as Vietnam’s Venmo. Early in March, it raised a $28M round of investment from London-based Standard Chartered Bank and New York-based Goldman Sachs.
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Strong Customer Loans Lead to Strong Bank Growth
March 07, 2016 ACB released unaudited consolidation numbers in line with EBT grew slightly. Customer loans and deposits increased moderately. NII recovered however total non-interest income dropped significantly. Overall provision rose also.
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CBRE Real Estate Outlook – Part 2 (Economic Outlook + Office Sector)
February 29, 2016 OFFICE SECTOR HO CHI MINH CITY Office market is waiting for next wave of high-quality supply In 2015, the market welcomed only one new Grade A office building coming into operation: the Vietcombank Tower. It has been five years since the city welcomed the previous large scale office building Vincom Center, with
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Market Recap – Vietnam outperforms amid regional slump
September 2015 Vietnam outperforms amid regional slump Currency concerns spur foreign outflows Listing of yarn maker, Century 21 Fiber (STK) Initiate on PVC (oil & gas drilling fluids) and VSH (hydro power) Vietnam outperforms amid regional slump. The VNI finished the third quarter down 5.1% after closing out September with a slight slippage of 0.37%
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Market Recap – PM Signs Decree to Broaden Foreign Ownership
June 2015 PM Signs Decree to Broaden Foreign Ownership The VNI had one of its best performing months, rising 4.1% to close within striking distance of 600 points. Investors were energized by the signing of a new decree to allow for broader FOL. The VNI’s 8.9% gain YTD puts it on top of other ASEAN
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VCB [O-PF +11%] – Look to accumulate VCB on Banking fall-out
August 21, 2015 Vietcombank (VCB), JSC Bank for Foreign Trade of Vietnam – Fine print in 1H15 audited report indicates some blemishes but so much is working in favour for VCB that clients should continue to accumulate on weakness. Pluses includes laser focus on lifting NIMs, favoured candidate to break institutional capital raising drought and
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BID [U-PF –13.7%] – A Host of Issues Results in us Taking Pause on BIDV
September 17, 2015. BIDV (BID) – Bank for Investment and Development of Vietnam JSC As curious as the events were leading up to the inclusion of BID in both major ETFs, for the record and working on the guidance of BIDV of full govt take-up in the rights issue, (delivery of rights issue shares will
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Vietnam Beats the Odds: Economic Growth Rising Well Above Its Peers
September 28, 2015. Vietnam’s economy is expected to see the largest growth out of the six major Southeast Asian countries tracked by the Asian Development Bank. It saw growth in foreign investments and exports that rivaled its neighbors and strengthened its third quarter improvement. In order to protect this growth and potentially stimulate it further,
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