Domestic banks' shareholders get high dividend payouts
Domestic banks’ shareholders get high dividend payouts
After years of receiving low dividend payout rate by banks, shareholders of many banks are now happy with the high rates announced at this year’s annual general meetings (AGMs) of shareholders.
Hanoi (VNA) - After years ofreceiving low dividend payout rate by banks, shareholders of many banks are nowhappy with the high rates announced at this year’s annual general meetings(AGMs) of shareholders.
Few years ago, the highest rate of dividend payoutwas only 9 percent. The threshold was also the cap that the central bankallowed commercial banks to pay as dividends for shareholders.
However, the situation is quite different thisyear with banks escaping from the regulation and paying dividends depending ontheir business performance.
During the AGMs this year, many banks approvedto pay high dividends, mainly by shares. This is good news for shareholders asthe banking share price has risen sharply over the past year and still has apositive outlook.
The highest dividend payout so far has beenreported at VPBank. At its recent AGM, the bank approved to pay dividends andbonus shares at the impressive rate of 67 percent for 2017, a record high inthe banking industry.
The bank also said the dividend payout ratiothis year would be more than 60 percent if the bank achieved a profit of morethan 10 trillion VND (440.5 million USD).
VIB also approved the 2017 dividend payment planfor shareholders at its recent AGM, with 5 percent in cash and 31 percent in shares.
In the previous years, MB’s dividend payout ratiowas some 10 percent. But at this AGM, the bank announced the 2017 ratio at 25 percent.
High dividend payout rates were also reported atLienVietPostBank with 15 percent against 10 percent last year, and OCB with14.2 percent.
According to TP Bank chairman Do Minh Phu, besidesthe plan of IPO (initial public offering) on April 19 and offering of 15 percentof shares to investors, the bank may pay dividends this year at the rate of 28 percent.
According to experts, besides making shareholders happy, thedividend payout in shares also helps banks to increase charter capital, improvetheir financial capacity and meet Basel II standards.-VNA
A financial forum was organised in Ho Chi Minh City on September 11 to seek to enhance access to supply chain finance for micro, small and medium sized enterprises (MSMEs).
The profits of many domestic banks in the first quarter of this year are estimated to rise higher than that of the same period last year thanks to significant credit growth.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.