Sep 14, 2018
Vietnamese banks have been seeing positive news, one after another. Over the first half of 2018, the sector witnessed VND 35,524.84 bn, or USD1.53bn in net profit, equivalent to 64% of the previous years’ income. Thanks to improved financial efficiency, progresses made in bad debt resolution, effective digitization and thriving bancassurance partnerships, bank stocks have become attractive again. By September 2018, the sector saw its stock price performance rising by 22% since the start of the year.