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The dollar is expected to gain against the dong in the first quarter of 2024, according to experts at financial services company HSBC Vietnam. Since the beginning of the month, the listed price of USD at commercial banks has increased by VND130-170. The USD index, which measures the strength of …

State-owned lender Vietcombank reported record pre-tax profits of VND41.2 trillion (US$1.68 billion) for 2023. Its previous highest was VND37.4 trillion a year earlier. It made the bank the most profitable in the industry by a margin of tens of trillions of dong. But its net interest income barely grew and …

A HCMC court has overturned a man’s demand for custody of his son, saying his concerns about the boy’s Vietnamese illiteracy from living with a foreign step-father and studying at an international school is “unfounded.” An appeal trial at the HCMC People’s Court on Wednesday accepted the prosecutors’ appeal and …