Banks consider lending rate cuts

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Báo Đầu Tư English 2 day(s) ago

Some major commercial banks are considering lowering lending interest rates after cutting dong deposit rates this week.

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SCIC to unload maritime stock

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Báo Đầu Tư English 3 day(s) ago

The State Capital Investment Corporation (SCIC) will auction more than 2.4 million shares of Maritime Bank on the Ha Noi Stock Exchange on October 26, unloading its entire stake in the bank.

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Economy records healthy growth despite rising challenges

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Báo Dân Trí English 5 day(s) ago

Vietnam’s economy continues to perform well but is being hindered by a number of challenges, the Asian Development Bank (ADB) said in a new report launched today, September 27.

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Banks cut short-term deposit rates

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Báo Đầu Tư English 5 day(s) ago

Some major commercial banks lowered interest rates for deposits in dong with terms of less than a year, by 0.3-0.5 percentage points, on September 26.

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Key changes in top personnel as bank restructuring gains momentum

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Báo Đầu Tư English 5 day(s) ago

During the recent six months, Vietnam has seen the most exciting changes in high personnel at domestic banks, showing that the bank restructuring process is gaining momentum, according to newswire Cafef.vn.

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Vietnam’s foreign currency reserves at record high

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Báo Dân Trí English 5 day(s) ago

So far this year the State Bank of Vietnam has bought over 10 billion USD in foreign exchange, increasing the country’s reserves to a record high of more than 40 billion USD.

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Vietnam’s foreign currency reserves at record high

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SaiGon GP English 6 day(s) ago 1 related news

So far this year the State Bank of Vietnam has bought over 10 billion USD in foreign exchange, increasing the country’s reserves to a record high of more than 40 billion USD.

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VN foreign currency reserves at record high

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Báo Đầu Tư English 6 day(s) ago 1 related news

So far this year the State Bank of Viet Nam has bought over US$10 billion in foreign exchange, increasing the country's reserves to a record high of more than $40 billion.

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Overseas Vietnamese eye local real estate

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SaiGon GP English 7 day(s) ago

According to the State Bank of Vietnam in Ho Chi Minh City branch, overseas remittances transfered to the city reached US$ 3 billion in early September this year, increasing six percent in comparison with the same period last year.

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Agribank receives service excellence award

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Báo điện tử CP English 1 week(s) ago

VGP - The Viet Nam Bank for Agriculture and Rural Development (Agribank) has been awarded the 2015 Operational Excellence from Wells Fargo, the third-largest wholesale bank in the US, for improving its payment services.

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Jewelry businesses, manufacturers thirst for capital

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SaiGon GP English 1 week(s) ago

At a meeting to review the implementation of the governmental circulars in managing jewelry organized by the Ho Chi Minh City Jewelry Association on September 21, gold enterprises and manufacturers complained a shortage of capital for production.

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VietinBank opens branch in Laos

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Báo điện tử CP English 1 week(s) ago

VGP - The Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) in Laos (Vietinbank Laos) has upgraded its transaction office in Champasak province to a branch.

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Bank mergers regain momentum

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Báo Dân Trí English 1 week(s) ago

It seems that the heyday of bank shares has returned as capital from domestic and foreign investors is flowing into the banking sector.

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State funds for bank debts plan criticised

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Báo Đầu Tư English 1 week(s) ago 1 duplicate news

A proposal to use State funds to settle commercial banks' bad debts, as stated in the draft plan on economic restructuring for the 2016-2020 period, has been met with a cold shoulder.

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SBV reiterates disallowance of loan rollover

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Báo Đầu Tư English 1 week(s) ago

The State Bank of Việt Nam has reminded foreign credit institutions and bank branches of its rollover loan requirements.

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