Vietnam Airlines borrows $7 mln. to buy aircraft

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Hanoi Times English 1 month(s) ago

The Hanoitimes - Vietnam Airlines signed a deal to borrow a $7 million loan from the Ocean Bank to buy backup engines for Airbus A321.

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Banks hesitate on ATM charge, despite passed law

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Báo Tuổi Trẻ English 2 month(s) ago

Banks hesitate on ATM charge, despite passed law

Vietnamese banks are hesitant to officially apply the new ATM fee scheme, even though they have repeatedly called on the State Bank of Vietnam for the proposal to the approved.

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Banks shrug off diffidence over lending

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VietNam News English 4 month(s) ago

Many banks in HCM City have begun lending aggressively in the new year with an eye on their credit growth targets for the year.

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Da Nang issues $72 mln bonds for local budget

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Báo Tuổi Trẻ English 4 month(s) ago

Da Nang issues $72 mln bonds for local budget

The government of the central city of Da Nang has issued some VND1.5 trillion ($72 million) in local government bonds.

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Investors buy $72.12 million bonds from Da Nang

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VietNam News English 4 month(s) ago

The Ocean Bank and PetroVietnam Finance Corporation have bought a total of 1500 bonds worth VND1.5 trillion (US$72.12 million), issued by the city if Da Nang.

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Five banks lend US$140 million to PVEP

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SaigonTimes English 7 month(s) ago

Five banks lend US$140 million to PVEP

HCMC – Ocean Bank, VIB, Military Bank, SeABank and LienVietPostBank on Monday signed an agreement to give a syndicated loan worth US$140 million to PetroVietnam Exploration and Production (PVEP).

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PVN to divest capital from non-core businesses

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Hanoi Times English 7 month(s) ago

The Hanoitimes - The Vietnam National Oil and Gas Group (PVN) has plans to withdraw capital from the banking system and reduce its subsidiary and associate companies.

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PVN to divest capital from non-core businesses

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Báo điện tử CP English 7 month(s) ago 6 related news

PVN to divest capital from non-core businesses

VGP – The Vietnam National Oil and Gas Group (PVN) has plans to withdraw capital from the banking system and reduce its subsidiary and associate companies.

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PetroVietnam must pull out of finance, stick to oil

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Báo Thanh Niên English 8 month(s) ago

Vietnamese state-run energy firm PetroVietnam must cease work at its finance arm PetroVietnam Finance Corp (PVFC) and instead concentrate on its core oil and gas businesses, the government said on Wednesday.

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More gifts presented to children on Ly Son Island

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Báo QĐND English 8 month(s) ago

More gifts presented to children on Ly Son Island

Photo for illustration

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Petrovietnam must pull out of finance, stick to oil -govt

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Báo Tuổi Trẻ English 8 month(s) ago 2 related news

Petrovietnam must pull out of finance, stick to oil -govt

Vietnamese state-run energy firm Petrovietnam must cease work at its finance arm Petrovietnam Finance Corp (PVFC) and instead concentrate on its core oil and gas businesses, the government said on Wednesday.

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Ocean Bank wins STP award

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SaigonTimes English 8 month(s) ago

The award was given on Monday in recognition of Ocean Bank’s efforts in achieving a high straight-through rate for payment processing in the first six months of 2012, meeting international payment requirements. The lender obtained VND6.6 billion from payment services in the first half of this year, a 16% year-on-year increase. Ocean Bank so far has developed correspondent relationships with 310 banks in Vietnam and worldwide - Photo: Courtesy of Ocean Bank

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Smartlink expands co-operation with banks

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VietNam News English 9 month(s) ago

Smartlink Card JSC is offering inter-bank money transfer services via credit cards for cardholders of two local banks (Oceanbank and VietABank).

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Bank credit quality comes under scrutiny

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Báo Dân Trí English 9 month(s) ago 2 related news

Bank credit quality comes under scrutiny

Experts have recommended that the State Bank of Vietnam (SBV) adopt measures to inspect credit quality at banks, along with increasing credit-growth quotas for credit institutions.

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Bank credit quality comes under scrutiny

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VietNam News English 9 month(s) ago 2 related news

Bank credit quality comes under scrutiny

Experts have recommended that the State Bank of Viet Nam (SBV) adopt measures to inspect credit quality at banks, along with increasing credit-growth quotas for credit institutions.

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