New insurance firm opens doors

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VietNam News English 21 hour(s) ago

The PVI Sun Life Company has become the latest life insurance company to do business in Viet Nam, launching its operation and sales on Sunday in HCM City.

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TienPhong raises charter capital

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VietNam News English 21 hour(s) ago

TienPhong Bank has raised its charter capital from VND3 trillion (US$142.9 million) to VND5.55 trillion ($264.3 million).

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Vietnam's state firms sitting on billions in uncollected dividends

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Báo Thanh Niên English 1 day(s) ago

Vietnam's state firms sitting on billions in uncollected dividends

FILE PHOTO

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Stock options aim to help retain top staff

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VietNam News English 4 day(s) ago

A growing number of listed companies are launching Employee Stock Ownership Plans (ESOP) in a bid to increase their charter capital while providing incentives to retain qualified employees.

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CEO must avoid losses to keep job

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VietNam News English 5 day(s) ago

The Chief Executive Officer (CEO) of the Viet Nam National Textile Garment Group (Vinatex) will be dismissed if the firm suffers losses in two consecutive years, according to new Ministry of Industry and Trade (MoIT) regulations.

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Cooperative bank established

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VietNam News English 1 week(s) ago 2 related news

The Governor of the State Bank of Viet Nam granted a license to establish the Cooperative Bank of Viet Nam at the request of the Central People's Credit Fund on Tuesday.

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BUSINESS IN BRIEF 5/6

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VietnamNet English 2 week(s) ago

VAFI calls for tax on trading of gold bars

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Bank gets go-ahead to raise charter

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VietNam News English 2 week(s) ago

The Joint Stock Commercial Bank for Investment and Development of Viet Nam (BIDV) has got approval to raise its charter capital in the first phase of 2013 from VND23.012 trillion (US$1.1 billion) to VND28.112 trillion ($1.34 billion).

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VAMC to finally take shape

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Báo Đầu Tư English 3 week(s) ago

VAMC to finally take shape

The Prime Minister has approved the long-awaited establishment of a Vietnam Asset Management Company, to become effective from July 9, to address Vietnam’s burning bad debt problem.

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TrustBank renamed Vietnam Construction Bank

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SaigonTimes English 3 week(s) ago

HCMC – TrustBank last Friday adopted a new name of Vietnam Construction Bank whose priority is to offer unique banking services to corporate clients active in the field of production and trading of building materials and low-cost housing development.

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Viettel restructuring plan gets Prime Minister’s approval

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VietnamPlus English 3 week(s) ago 1 related news

The military-run telecommunication group Viettel will become a strong and modern economic unit with high competitiveness, to contribute to the country’s socio-economic growth, defence-security and international integration.

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Viettel's charter capital set to double after restructuring

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

Viettel's charter capital set to double after restructuring

Telco star Viettel is to undertake restructuring during 2013-2015.

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Viettel restructuring plan passed

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Báo điện tử CP English 1 month(s) ago 1 duplicate news 1 related news

VGP – The military-run Viettel group will become a dynamic and competitive military economic unit to contribute to spurring the country’s socio-economic growth, security and international integration.

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BTMU completes payment for VietinBank shares

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SaigonTimes English 1 month(s) ago

HCMC – The Bank of Tokyo Mitsubishi UFJ (BTMU) last Friday completed payment of US$734 million, or nearly VND15.5 trillion, to acquire a 19.73% stake in Vietnam Bank for Industry and Trade (VietinBank).

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SBV to intervene in a weak bank

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SaigonTimes English 1 month(s) ago

HCMC – The State Bank of Vietnam (SBV) has presented to the Government eight solutions to restructure nine ailing banks, saying that it may take compulsory intervention in a bank in this group.

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