Vietinbank honored as Best Retail Bank Viet Nam 2016

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Báo điện tử CP English 2 day(s) ago

Vietinbank honored as Best Retail Bank Viet Nam 2016

VGP – The Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has been honored as the Best Retail Bank Viet Nam 2016 by the Global Banking and Finance Review.

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Vietnam banks jump on global list of biggest public firms

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Báo Thanh Niên English 2 day(s) ago

Vietnam banks jump on global list of biggest public firms

A file photo of a Vietinbank branch. Photo credit: Vietinbank

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Markets down on low investor confidence

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Báo Đầu Tư English 3 day(s) ago

Markets down on low investor confidence

Vietnamese shares retreated from Wednesday's gains on both local markets as investors remained cautious due to negative trends in global economies.

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Back taxes in Vietnam rise to $3.36 billion: data

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Báo Thanh Niên English 3 day(s) ago

Back taxes in Vietnam rise to $3.36 billion: data

Old, unpaid personal and business taxes in Vietnam swelled to VND76 trillion (US$3.36 billion) at the end of April, up 4.3 percent from December, local media reported, citing the General Department of Taxation.

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Dollar deposit rate of above 0% proposed

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Báo Dân Trí English 3 day(s) ago 1 related news

Dollar deposit rate of above 0% proposed

The central bank should evaluate the possibility of raising the interest rate on US dollar deposits instead of keeping it at zero per cent as it currently is to avoid side effects.

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SBV advised to raise dollar deposit rate

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Báo Đầu Tư English 3 day(s) ago 1 related news

SBV advised to raise dollar deposit rate

The central bank should evaluate the possibility of raising the interest rate on US dollar deposits instead of keeping it at zero per cent as it currently is to avoid side effects.

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Second Eximbank AGM inconclusive

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Báo Đầu Tư English 4 day(s) ago

Second Eximbank AGM inconclusive

The second annual general meeting of Eximbank has ended up in chaos on May 24, as the lender’s board of directors and shareholders have once again failed to find a common ground on the election of additional board members.

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PVcomBank finances power project

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Báo Đầu Tư English 4 day(s) ago

PVcomBank finances power project

The Viet Nam Public Bank (PVcomBank) will lend the PetroVietnam Power Corporation (PVPower) VND2 trillion (US$88.9 million) to develop a power project.

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Asia stocks extend global losses on oil price drop

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Báo Đầu Tư English 4 day(s) ago

Asia stocks extend global losses on oil price drop

Asian stock markets fell in thin trading on Tuesday, extending losses on US and European markets as a stubbornly strong yen dragged Tokyo into the red while falling oil prices deflated energy shares.

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Sathapana Bank gets $35 million from Taiwan lenders

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VietStock FI English 4 day(s) ago

Sathapana Bank gets $35 million from Taiwan lenders

Facilitated by Taiwan’s First Commercial Bank, seven foreign banks provided $35 million in a syndicated loan to Sathapana Bank Plc, a newly formed Cambodian commercial bank, to expand its existing microfinance operations and broaden its commercial lending portfolio.

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Vietnam stocks fall slightly to extend losses

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Báo Đầu Tư English 5 day(s) ago

Vietnam stocks fall slightly to extend losses

Vietnamese shares struggled on both local exchanges this morning as low investor confidence pushed large-cap stocks down further.

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ANZ wins Best Trade Finance Bank and Best Trade Finance Client Solution awards in Vietnam

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

ANZ wins Best Trade Finance Bank and Best Trade Finance Client Solution awards in Vietnam

ANZ has been awarded “Best Trade Finance Bank in Vietnam” and “Best Trade Finance Client Solution in Vietnam” in The Asset’s Triple A Treasury, Trade and Risk Management Awards 2016.

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Energy, bank stocks pull markets down

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Báo Đầu Tư English 6 day(s) ago

Energy, bank stocks pull markets down

Vietnamese shares continued to fall this morning on both local exchanges as energy stocks were hit by the recent decline in oil prices.

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Vietnam banks bad debts rise again after record low

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Báo Thanh Niên English 6 day(s) ago

Vietnam banks bad debts rise again after record low

Banks’ bad debts ratio increased to 2.62 percent at the end of March after hitting a five-year low of 2.55 percent at the end of last year, according to new data from the State Bank of Vietnam.

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Banks defend bailout of Hoang Anh Gia Lai

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Báo Đầu Tư English 6 day(s) ago

Banks defend bailout of Hoang Anh Gia Lai

The State Bank of Vietnam’s decision to help Hoang Anh Gia Lai Group overcome its enormous debts has sparked a controversy among market players.

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