Nonghyup Bank opens branch in Hanoi

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Báo Đầu Tư English 20 hour(s) ago

South Korea’s largest bank Nonghyup Bank has received an official license from the State Bank of Vietnam (SBV) to open a branch in Hanoi.

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Business highlights – November 21-27

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Báo điện tử CP English 5 day(s) ago 2 related news

VGP - State President confident of reaching US$6 billion trade target with Italy, Viet Nam to miss 2016 export target, Viet Nam setting new tourism record and the nation leading ASEAN in trading with Canada are economic highlights from November 21-27.

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State Bank set limits on credit card compensation

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Báo Đầu Tư English 5 day(s) ago

Credit card service providers will have to compensate card owners for any probable loss not caused by the owners, starting November 28, 2016.

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New loan packages for social housing

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Báo Đầu Tư English 7 day(s) ago

Two new preferential loans, unrestricted by scale and deadline, for social housing and cheap commercial housing projects will be provided to low-income earners. The new packages are expected to continue the VND30 trillion housing stimulus package.

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Petro Vietnam takes credit loans for power project

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Báo Đầu Tư English 1 week(s) ago

Vietnam National Oil and Gas Group (PetroVietnam) on November 23 signed a contract with the Export-Import Bank of Korea (Korea Eximbank) for funding the Song Hau 1 thermal power project.

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Foreign banks eye HCM City’s infra projects

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Báo Đầu Tư English 1 week(s) ago

Banks from South Korea and Japan have expressed interest in providing capital for infrastructure projects in HCM City.

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Vietnam man gets $4,464 withdrawn from bank account during sleep

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Báo Tuổi Trẻ English 1 week(s) ago

A man in Ho Chi Minh City had VND100 million (US$4,464) withdrawn from his bank account over the night last weekend while his ATM card was still safe in his wallet.

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VietinBank to enhance operational risk management

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Báo Đầu Tư English 1 week(s) ago

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) recently hosted a conference titled “Operational Risk Management: An update on current trends and recommended application in Vietnam commercial banks” in Hanoi.

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Business highlights – November 7-13

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Báo điện tử CP English 2 week(s) ago

VGP - FDI forecast warily brightening, US$10 billion e-commerce targeted by 2020, agro-forestry-fishery export to fetch US$ 31 billion and Korea’ Woori bank debuting VN unit are economic highlights from November 7-13.

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Deputy PM receives WB Country Director in VN

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Báo điện tử CP English 3 week(s) ago

VGP – Deputy PM Trinh Dinh Dung hosted a reception for Ousmane Dione, newly appointed Country Director for the World Bank (WB) in Viet Nam, in Ha Noi on November 11.

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WB to help Vietnam build water plants in Mekong Delta

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SaiGon GP English 3 week(s) ago 1 related news

A representative from the Ministry of Environment and Natural Resources asserted that the World Bank will help the country build a water plant in the Mekong delta to supply water for inhabitants in the region.
At the meeting (Photo: SGGP)

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Ponzi-like OneCoin trading scheme swindles many in Vietnam

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Báo Tuổi Trẻ English 3 week(s) ago

OneCoin, a cryptocurrency widely associated with Ponzi-like fraud around the world, has managed to form a market in Vietnam, where local ‘investors’ are spending money in the hope of becoming overnight euro millionaires.

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Small children struggle against illness

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Báo Dân Trí English 1 month(s) ago

A family in Lang Son Province is calling for financial support to cover medical treatment for their two children who are both suffering from beta thalassemia.

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20.67% of rural adults using saving accounts

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Báo điện tử CP English 1 month(s) ago

VGP – The State Bank of Viet Nam on November 2 organized a teleconference on the implementation of Decision No. 1726/QD-TTg dated September 5, approving the plan on improving the economy’s access to banking services.

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Vietnam banker suspended for beating female petrol attendant

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Báo Tuổi Trẻ English 1 month(s) ago

A banker in the north-central province of Nghe An has been suspended from work for 15 days after he was filmed beating a female pump attendant at a local gasoline station last week, his boss said on Monday.

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