Asia Commercial Bank sets its sights on VND23,000 billion ($920 million) in pre-tax profit and 16 per cent credit growth for 2025, as it begins a new five-year strategy focused on sustainable expansion, digital investment, and consistent shareholder payouts.

The reciprocal trade agreement would include agreements on tariffs, according to US Trade Representative Jamieson Greer.

The fresh capital injection of VND2 trillion ($80 million) comes as UOB Vietnam also unveils plans for its new headquarters building in Ho Chi Minh City.

A number of draft laws on tax matters recently went before the National Assembly Standing Committee for consideration and comment.

The country’s GDP  growing  by 7.7% in the first quarter of this year, up from 7.6% in the fourth quarter of 2024.

The figure being equivalent to 22.09% of the annual plan.