ASEAN Bank Asset Quality Risks Mitigated by Economic Growth
The modest deterioration in asset quality that we expect over 2023 will largely reflect the lagged effect of rate hikes in 2022. Rates are likely to rise further this year in all six key ASEAN banking markets, aggravating the impact.
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Asia Economies to Benefit from China’s Opening in Second Half 2023
All considered, Asia economies proved surprisingly resilient in the Year of the Tiger. True, surging living costs squeezed the pockets of consumers and bottom lines of many businesses.
One More HDBank Leader Registered to Buy HDB Shares
Deputy General Director of Ho Chi Minh City Development Commercial Joint Stock Bank. Ho Chi Minh City (HDBank) registered to buy 120,000 shares of HDB.
Sign of a Loan Agreement for Ninh Thuan Province Onshore Wind Power Project
The project in Ninh Thuan Province will help Vietnam to reach its clean energy and climate action targets by offsetting about 215,000 tons of carbon dioxide annually.
ADB, BIM Wind Sign $107 Million Financing Package to Support Wind Energy in Viet Nam
The wind energy power plant will help Viet Nam reach its clean energy and climate action targets by offsetting about 215,000 tons of carbon dioxide annually.
International Agreement to Support Vietnam’s Ambitious Climate and Energy Goals
The Partnership will support Vietnam to deliver on its ambitious Net Zero 2050 goal, accelerate the peaking of its greenhouse gas emissions and transition away from fossil fuels to clean energy.
Vietnam to Receive $15.5 billion for Energy Transition
Vietnam has landed a $15.5 billion partnership with funders led by the European Union and the UK to help finance its transition away from coal.
FPT Announced Business Results in the 11 Months of 2022
Recently, FPT Software has expanded its presence in Southeast Asia with the opening of a new office in the center of Bangkok, Thailand.
ADB Lowers Growth Forecast for Developing Asia amid Global Gloom
The Asian Development Bank - ADB has lowered its economic growth forecasts for developing Asia and the Pacific amid a worsened global outlook.
Amazon Announces its Biggest Holiday Shopping Weekend Ever
Amazon announced that this year Thanksgiving holiday shopping weekend was its biggest ever, with customers around the world purchasing hundreds of millions of products across Thanksgiving, Black Friday and Cyber Monday.
Unilever Vietnam to Consolidate the Position in Circular Economy
Unilever Vietnam 's efforts on plastic waste management in particular, and sustainable development in general, are recognised at CSR Awards by Saigon Times Groups.
HSBC: The Vital Role of Voluntary Carbon Markets
The voluntary carbon market, when used by companies to complement – not substitute – the decarbonisation of their own operations as they transition to net zero, is one tool that could accelerate action to tackle climate change, HSBC remarks.
Archetype Group Celebrated 20 Years of Growth
Archetype Group was established in 2002 in Vietnam by a group of French entrepreneurs. Over the years, it has expanded its operations to 18 countries, employing more than 1000 collaborators.
ADB, HAYAT KIMYA to Support for Women and Children’s Lives in Vietnam
In Vietnam, ADB announced that it is estimated that only 43% of women have access to sanitary pads while only 52% of mothers use diapers for their infants.
HDBank is the Large-Cap Listed Company With the Best Annual Report 2022
The poll of large-cap listed companies in 2022 jointly held by Ho Chi Minh City Stock Exchange (HOSE), Hanoi Stock Exchange (HNX) and Investment Newspaper on December 02 has honored HDBank as the top bank in the category of the best annual report.
Sobanhang Excellently Won the Champion of National Innovative Technopreneur Contest
This is the final round of a 3-month contest journey of supporting innovative startups in Vietnam and Vietnamese individuals living and working outside Vietnam.
General Director of HDBank Continues to Rregister to Buy 1 Million of HDB Shares
This is the third time since the beginning of this year, Mr. Pham Quoc Thanh - General Director of HDBank has registered to buy HDB shares, which is expected to start from December 06, 2022.
HDBank is About to Issue USD 500 Million of Convertible International Bonds
Ho Chi Minh City Development Commercial Joint Stock Bank (HDBank) is collecting opinions from its shareholders to issue an additional 500 million USD of convertible bonds for international investors. Besides, this bank also applied for adjusting the foreign room from 18% to 20%.
Fitch Ratings:Vietnam Real Estates Sector Outlook Deteriorating Contracted Sales to Dip
Fitch Ratings expects rated homebuilders’ aggregate contracted sales in Vietnam to fall year-on-year in 2023.
Vietnam Ranks Highest as an Investment Destination for Renewables in ASEAN
In three years before COVID-19, Vietnam experienced one of the world’s fastest growth rates in investment in solar power. The country surpassed Thailand in 2019 to enjoy the greatest installed solar power capacity in ASEAN.
Reducing Loan Interest Rates Up to 3.5%/Year
Continuing to bring solutions to contribute to economic recovery and development, HDBank has announced to reduce interest rates for more than 43,000 customers in many business fields.
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