Banks fail to meet cross ownership deadline

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Báo Đầu Tư English 1 hour(s) ago

Banks fail to meet cross ownership deadline

Four months after the deadline set by the State Bank of Viet Nam (SBV) for resolving cross ownership in the banking system, the problem persists.

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VN stocks retreat in early session

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Báo Đầu Tư English 21 hour(s) ago 1 related news

VN stocks retreat in early session

Vietnamese shares fell in the early session as investors remained cautious over the market's current slowdown.

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BIDV opens branch in Myanmar

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Báo điện tử CP English 3 day(s) ago

BIDV opens branch in Myanmar

VGP - The Joint-Stock Commercial Bank for Investment and Development of Viet Nam (BIDV) will inaugurate its branch in Myanmar late this month.

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Asian markets drift as dealers await bank meetings

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Báo Đầu Tư English 3 day(s) ago

Asian markets drift as dealers await bank meetings

HONG KONG: Asian equity traders moved cautiously Monday (Jul 25) as another record close on Wall Street was offset by wariness ahead of central bank meetings in Japan and the United States this week.

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Vietnam’s largest fraud trial begins

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Báo Đầu Tư English 4 day(s) ago

Vietnam’s largest fraud trial begins

The trial of Vietnam Construction Bank’s former chairman Pham Cong Danh and 35 co-defendants kicked off last Tuesday, with a preliminary hearing on allegations of fraud that cost bank creditors over VND9.1 trillion ($417 million) over three years.

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Vietnam’s bad debts surge as bank wrongdoings rise: state audit

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Báo Tuổi Trẻ English 6 day(s) ago

Vietnam’s bad debts surge as bank wrongdoings rise: state audit

An audit conducted last year into the 2014 performance of state-run Vietnamese companies and banks has found the country’s bad debt continuing to rise while little change is forced upon lenders found gaming the system.

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Stocks extend losses in early session

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Báo Đầu Tư English 1 week(s) ago

Stocks extend losses in early session

Vietnamese shares extended their losses in the early session, led by brokerage firms.

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Generali Vietnam and Eximbank establish bancassurance partnership

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Báo Đầu Tư English 1 week(s) ago

Generali Vietnam and Eximbank establish bancassurance partnership

Italian-backed life insurer Generali Vietnam and the Vietnam Export Import Commercial Joint Stock Bank, a leading commercial joint stock bank in the country, yesterday announced an exclusive bancassurance partnership in a signing ceremony at the Sheraton Saigon.

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WB: VN mid-term economic prospects positive

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Báo điện tử CP English 1 week(s) ago

VGP – The World Bank (WB) forecasted that Gross Domestic Product (GDP) of Viet Nam in 2016 could reach 6%, thanks to the constant increase in domestic demand, personal consumption and investment.

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Eximbank administers sharp cut to 2016 profit target

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Báo Đầu Tư English 1 week(s) ago

Eximbank administers sharp cut to 2016 profit target

Vietnam Export Import Bank (Eximbank) is lowering its target for deposits, lending, assets, and pre-tax profit for the year 2016 deviating from the earlier plan.

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VIB releases upbeat first-half business results

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Báo Đầu Tư English 1 week(s) ago

VIB releases upbeat first-half business results

The Vietnam International Bank has recently released its first-half unaudited business results for 2016.

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Leadership change rocks Trung Nguyen’s boat

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Báo Đầu Tư English 1 week(s) ago

Leadership change rocks Trung Nguyen’s boat

Dang Le Nguyen Vu, founder and chairman of Trung Nguyen Group, is no longer the legal representative of the company’s instant coffee operation.

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Banks report higher profits in H1

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Báo Dân Trí English 1 week(s) ago

Banks report higher profits in H1

Some banks have reported good business performance results in the first half of the year thanks to high credit growth.

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FAST payments to move riel quickly

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VietStock FI English 1 week(s) ago

FAST payments to move riel quickly

Three months since the central bank soft-launched its FAST payment system it is taking the system public, making electronic riel-denominated transfers available to the customers of more than a dozen financial institutions.

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VIB offers fast-track loans for SMEs

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

VIB offers fast-track loans for SMEs

The Vietnam International Bank, one of leading commercial joint stock banks in Vietnam, just launched a new campaign for fast-track loans to small- and medium-sized enterprises (SMEs) which may be approved within 48 hours of submission of all documents.

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