Vietnam banks seek to exceed foreign ownership cap: report

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Báo Thanh Niên English 2 month(s) ago

Vietnam banks seek to exceed foreign ownership cap: report

At least four partly private banks in Vietnam, including Vietcombank and Vietinbank, are reportedly seeking the government's permission to increase their foreign ownership above the stipulated 30 percent cap.

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Current account deficit rises to $542M in 4Q15

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VietStock FI English 3 month(s) ago

Cambodia's current account balance deficit was the equivalent of $542 million in the fourth quarter of 2015, the equivalent of 11.5 per cent of GDP, the National Bank of Cambodia said in a report released yesterday.

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Eximbank's stock faces restriction after losses uncovered

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Báo Thanh Niên English 3 month(s) ago 1 related news

Eximbank's stock faces restriction after losses uncovered

The Ho Chi Minh City Stock Exchange has issued a warning against partly-private lender Eximbank after an inspection found accounting violations and led to the bank declaring losses for two consecutive years.

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Vietnam arrests 9 for embezzlement at Mekong Housing Bank: report

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Báo Thanh Niên English 6 month(s) ago

Three former executives of partly-private Mekong Housing Bank and six senior managers of its securities company have been taken into custody for serious financial violations, local media reported on Wednesday.

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HSBC: Twin deficits set to return in 2016

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VOV News English 8 month(s) ago 1 related news

HSBC: Twin deficits set to return in 2016

(VOV) - HSBC Global Research has released a report on Vietnam’s economy titled ‘the return of twin deficits’.

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Internationally false reports pulls domestic coffee prices down

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SaiGon GP English 8 month(s) ago 4 related news

Internationally false reports pulls domestic coffee prices down

Local coffee prices have dropped down partly because of false reports by some international press agencies who said that Vietnam has a huge volume of coffee in stock, said the Ministry of Agriculture and Rural Development in Chi Minh City on December 2.

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New Vietnamese companies reach record this year

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Báo Dân Trí English 8 month(s) ago 3 related news

New Vietnamese companies reach record this year

The number of businesses founded this year is expected to hit a record high of 94,000 firms, partly driven by untied regulations.

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New VN companies reach record this year

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Báo Đầu Tư English 8 month(s) ago 3 related news

New VN companies reach record this year

The number of businesses founded this year is expected to hit a record high of 94,000 firms, partly driven by untied regulations.

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Newly-established companies in VN reach record this year

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VietnamNet English 8 month(s) ago 3 related news

The number of businesses founded this year is expected to hit a record high of 94,000 firms, partly driven by untied regulations.

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New Vietnamese companies reach record this year

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VOV News English 8 month(s) ago 3 related news

New Vietnamese companies reach record this year

The number of businesses founded this year is expected to hit a record high of 94,000 firms, partly driven by untied regulations.

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Vietnam's BIDV says will be prioritised in next Myanmar bank licence issue

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Báo Thanh Niên English 10 month(s) ago 1 duplicate news

BIDV, Vietnam's biggest partly private lender by assets, said on Wednesday it would be prioritised in the next issue of banking licences by Myanmar, citing comments by the country's president during a meeting with the bank's chairman.

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Vietnam's central bank eases control over acquired banks: report

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Báo Thanh Niên English 10 month(s) ago

Vietnam's central bank eases control over acquired banks: report

GP.Bank is one of three partly private commercial banks taken over by the central bank early this year. File photo

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Vietnam's Military Bank raises $191 mln via share sale

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Báo Tuổi Trẻ English 11 month(s) ago 3 duplicate news

Vietnam's Military Bank raises $191 mln via share sale

Military Commercial Bank, Vietnam's sixth-largest partly private lender by assets, said it had raised 4.29 trillion dong ($191 million) via selling new shares to four domestic institutional investors.

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Central bank replaces DongA chief week after placing bank on watch

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Báo Thanh Niên English 12 month(s) ago

Central bank replaces DongA chief week after placing bank on watch

The central bank Thursday suspended the general director of DongA Bank and his deputy, a week after placing the partly private lender under special surveillance for "various violations."

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Vietnam approves Sacombank, Southernbank merger

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Báo Thanh Niên English 12 month(s) ago 2 related news

Vietnam approves Sacombank, Southernbank merger

Sacombank's headquarters in Ho Chi Minh City

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