Ocean Bank finds new foreign owner

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Báo Đầu Tư English 22 hour(s) ago

A source of VIR revealed that the zero VND Ocean Commercial Joint Stock Bank (Ocean Bank) has been sold to a foreign bank in Asia.

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Sabeco reports 18% rise in profit

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Báo Đầu Tư English 1 month(s) ago

Sai Gon Beer, Alcohol and Beverage Corporation (Sabeco) announced its net profit in the first quarter of 2017 rose 18.8 per cent year-on-year to VND1.12 trillion (US$49.78 million).

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More officials arrested for violations at DongA Bank

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Báo Dân Trí English 2 month(s) ago

Former Deputy Director of DongA Joint Stock Commercial Bank (DongA Bank), Nguyen Thi Kim Xuyen, and several other officials of the bank have just been arrested according to the Ministry of Public Security.

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Dollar rises to one-month high in Vietnam

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Báo Tuổi Trẻ English 4 month(s) ago

Banks in Vietnam increased U.S. dollar prices to a one-month high on Wednesday, reaching the VND22,820 mark and resting just below the ceiling set by the State Bank of Vietnam.

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M&A in banking sector perking up for 2017

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Báo Đầu Tư English 5 month(s) ago

The year has only begun, but signs are pointed to an exciting time ahead for the banking sector with vigorous mergers and acquisitions (M&As) activities.

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Five banks to be restructured

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Báo Dân Trí English 6 month(s) ago

The State Bank of Vietnam announced they intend to restructure five banks this year.

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SBV assures DongA Bank ‘normal’ after ex-boss’ arrest

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Báo Đầu Tư English 6 month(s) ago

Operations are going on “normally” at HCM City-headquartered DongA Bank after five of its managers and employees were arrested for financial wrongdoing, according to the central bank.

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DongA Bank’s former top officials to be prosecuted

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Báo Đầu Tư English 6 month(s) ago

The public security ministry’s police investigation agency has decided to prosecute two former top officials of the HCM City-based Đông Á Bank (DongA Bank), it officially announced today.

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DongA Bank former CEO arrested for mismanagement

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Báo Dân Trí English 6 month(s) ago

The State Bank of Vietnam (SBV) has just confirmed the arrest of former CEO of the DongA Joint Stock Commercial Bank (DongA Bank),Tran Phuong Binh, for violating laws on financial and banking activities.

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DongA Bank CEO arrested

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Báo Dân Trí English 6 month(s) ago

The State Bank of Vietnam (SBV) has just confirmed the arrest of former CEO of the DongA Joint Stock Commercial Bank (DongA Bank),Tran Phuong Binh, for violating laws on financial and banking activities.

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DongA Bank former CEO arrested for 'mismanagement'

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Báo Dân Trí English 6 month(s) ago

Former managing director of the DongA Joint Stock Commercial Bank,Tran Phuong Binh, his deputy Nguyen Thi Ngoc Van and three others were arrested for "violating laws on financial and banking activities", according to a statement from the bank on Saturday.

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Vietjet passengers to enjoy up to 15 pct discount for all ATM card payment

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Báo Thanh Niên English 11 month(s) ago

Vietjet passengers to enjoy up to 15 pct discount for all ATM card payment

Vietjet and the National Payment Corporation of Vietnam (Napas) team up for a promotion entitled “To the Open Skies with domestic-payment cards” which offers up to 15 percent discount for all passengers making bookings at www.vietjetair.com with ATM cards issued by 29 Vietnamese banks within 12 p.m. to 2 p.m. only from August 15 to August 22, 2016.

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$9,000 evaporates from Vietnamese ATM accounts; fraud suspected

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Báo Tuổi Trẻ English 11 month(s) ago

$9,000 evaporates from Vietnamese ATM accounts; fraud suspected

Two Vietnamese ATM cardholders saw a large amount of money in separate accounts mysteriously disappear last month, in a case industry insiders believe to be fraud.

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Banks offer money transfer promos

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Báo Đầu Tư English 18 month(s) ago

Banks offer money transfer promos

Commercial banks have put on many promotional programmes for their money transfer services leading up to Tet (Lunar New Year) holiday.

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Restructuring drives changes in banks’ top leader positions

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VietnamNet English 18 month(s) ago

Restructuring drives changes in banks’ top leader positions

Major local banks see top tier leadership changes as the sector has undergone more than three years of restructuring. This trend is forecasted to ramp up even further when the process enters its final stages.

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