2 Vietnam banks unveil merger plans

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Báo Thanh Niên English 3 week(s) ago

2 Vietnam banks unveil merger plans

HD Bank has announced plans to merge with Dai A Bank, but details are awaited.

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Economic restructuring not up to expectations

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VietnamNet English 2 week(s) ago 1 related news

Economic restructuring not up to expectations

VietNamNet Bridge – After a year of economic restructuring, Viet Nam still faces grave problems including high inventory, bad debt and falling purchasing power.

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Economic restructuring not up to expectations

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

Economic restructuring not up to expectations

After a year of economic restructuring, Viet Nam still faces grave problems including high inventory, bad debt and falling purchasing power.

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M&A in banking sector: who will be next?

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VietnamNet English 3 week(s) ago

M&A in banking sector: who will be next?

VietNamNet Bridge – The number of Vietnamese commercial banks would decrease from 39 currently to 13-15 by 2017, according to Stoxplus, a finance information service firm.

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Banking staff remain on high pay despite economic difficulties

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Báo Dân Trí English 2 month(s) ago

Banking staff remain on high pay despite economic difficulties

Banking staff received lower wages last year, but their incomes are still high despite the current economic difficulties according to recent bank reports.

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Western Bank, PVFC in merger deal

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Báo Tuổi Trẻ English 2 month(s) ago

Western Commercial Joint Stock Bank has recently publicized its merger plan with PetroVietnam Finance Joint Stock Corp (PVFC), a subsidiary of the national petroleum conglomerate PetroVietnam.

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Blue chips weigh on markets

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Báo Đầu Tư English 3 month(s) ago 3 related news

Blue chips weigh on markets

Shares ended yesterday morning higher but then disappointed investors by closing the session in the red.

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Blue chips weigh on markets

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VietNam News English 3 month(s) ago 3 related news

Blue chips weigh on markets

Shares ended yesterday morning higher but then disappointed investors by closing the session in the red.

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Bad year for large Vietnamese firms

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Báo Dân Trí English 5 month(s) ago

Bad year for large Vietnamese firms

The bad business environment has forced several large Vietnamese firms into bankruptcy this year, while others have had to merge.

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Bad debt continues to trouble SBV

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Báo Dân Trí English 5 month(s) ago 1 related news

Bad debt continues to trouble SBV

The Governor of the State Bank of Vietnam (SBV), Nguyen Van Binh, has admitted that the settlement of bad debts was going rather slowly, despite efforts by banks.

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Banking merger paying dividends

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Báo Đầu Tư English 5 month(s) ago

Banking merger paying dividends

The merger of struggling Habubank into the Saigon-Hanoi Commercial (SHB), one of the first such transactions in the ongoing restructuring of Vietnam’s banking sector under guidance by the State Bank (SBV), appears to be making progress against bad debt.

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Tet bonuses at banks reflect grim economic picture

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Hanoi Times English 6 month(s) ago

The Hanoitimes - Amid economic difficulties, around 90% of banks may not make their targets for profits this year, which will also affect their Tet bonuses.

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Bank liquidity improving, says ministry

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Hanoi Times English 6 month(s) ago

The Hanoitimes - Higher liquidity in the nation's banking system has helped lower systemic risks, according to a Ministry of Planning and Investment report o­n restructuring of the financial industry submitted to the National Assembly.

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Tet bonuses at banks reflect grim economic picture

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Báo Dân Trí English 6 month(s) ago

Tet bonuses at banks reflect grim economic picture

Amid economic difficulties, around 90% of banks may not make their targets for profits this year, which will also affect their Tet bonuses.

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Bank liquidity improving, says ministry

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VietNam News English 6 month(s) ago

Higher liquidity in the nation's banking system has helped lower systemic risks, according to a Ministry of Planning and Investment report on restructuring of the financial industry submitted to the National Assembly.

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