HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 21 June 2024 - As of June 14, credit growth has reached 3.79 per cent compared to the end of last year, according to a report by the State Bank of Viet Nam (SBV). HDBank currently tops the banking industry in profitability. - Photo courtesy of HDBank However, challenges still abound in promoting credit growth. The SBV recently issued a document requiring implementation of solutions to achieve a credit growth rate of 5-6 per cent by the end of
Investment management company Ave Maria recently released its “Ave Maria World Equity Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund returned 6.54% compared to the MSCI All Country World Index’s 8.20% return. Since its inception on April 30, 2010, the fund’s annualized […]
HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 6 June 2024 - On May 23, 2024, the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) released its Sustainability Report, becoming the first Vietnamese bank to publish this report in 2024 and commit to a net-zero emission target. The 195-page report, “Green Thinking, Sustainable Growth,” prepared in accordance with Global Reporting Initiative standards, showcases HDBank’s environmental, social, and governance (