Vnexpress wins e-bank popularity contest

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VietNam News English 5 day(s) ago

Vnexpress, an online newspaper, named Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) Viet Nam's favourite e-bank on Wednesday at the MyEbank 2014 awards ceremony in Ha Noi.

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SHB forms subsidiary in Cambodia

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VOV News English 1 week(s) ago

SHB forms subsidiary in Cambodia

(VOV) -Saigon-Hanoi Commercial Joint Stock Bank (SHB) has announced the formation of a wholly owned subsidiary in Cambodia, SHB Cambodia Bank with maximum authorized registered capital of US$50 million.

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Websites for discounted products launched

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VietnamNet English 1 week(s) ago 1 related news

Websites for discounted products launched

VietNamNet Bridge – The Vietnam E-commerce and Information Technology Agency and the Vietnam E-commerce Association on November 10 launched the websites of the “Online Shopping Day 2014” program at www.onlinefriday.vn or www.ngaymuasamtructuyen.vn.

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HCMC to add over 100 high-end public toilets

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Báo Thanh Niên English 2 week(s) ago 1 related news

HCMC to add over 100 high-end public toilets

The Ho Chi Minh City Department of Transport is enlisting private investment in the building of more than 100 public toilets of four to five-star standards after the first ten ones won public support.

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Exchange-traded fund listed in HCMC

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VietNam News English 1 month(s) ago

Viet Nam's exchange-traded fund (ETF), VFMVN30, was officially listed yesterday on the HCM City Stock Exchange, with about 20.2 million shares valued at more than VND10,000 (US$0.47) each.

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Banking sector to see two M&A deals

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SaiGon GP English 1 month(s) ago

Banking sector to see two M&A deals

The State Bank of Vietnam (SBV) has approved a policy to merge Southern Bank into Sacombank and Mekong Bank into Maritime Bank, said Governor Nguyen Van Binh at Q&A session of the National Assembly’s Standing Committee.

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How do the Vietnamese get rich?

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VietnamNet English 2 month(s) ago

How do the Vietnamese get rich?

VietNamNet Bridge – A new class of Vietnamese with total assets of at least one million dollars emerged over the last 30 years.

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Bad debt threat continues to loom

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Báo Đầu Tư English 2 month(s) ago 1 duplicate news

Bad debt threat continues to loom

Banks are continuing to struggle with fast rising potentially unrecoverable bad debts.

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Domestic gold price falls to three-month low

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VietnamPlus English 2 month(s) ago

Domestic gold prices followed the downward trend in the world market and dropped by 330,000 VND (15.7 VND) per tael from early this week to 36.02 million VND (1,715 USD) per tael.

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Vietnam boosts card-based payments

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VietnamPlus English 2 month(s) ago

Vietnam boosts card-based payments

Non-cash payments are becoming more widespread in Vietnam, the Vietnam Economic News reported, adding that the trend can be seen through the growing number of card users, automated teller machines (ATMs) and points of sale (POS).

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M&As set to drive banking market

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Báo Đầu Tư English 3 month(s) ago

M&As set to drive banking market

The banking industry may see more merger and acquisition deals in the coming time, with more foreign partners involved.

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Sacombank ties up deal to co-operate with Viettel

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VietNam News English 3 month(s) ago

Sacombank and Viettel corporation will boost co-operation under an agreement signed on Tuesday.

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Bank profits down on narrow rate margins

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Báo Đầu Tư English 3 month(s) ago

Bank profits down on narrow rate margins

Despite complaining about low lending rates, banks have performed strongly in the first six months of this year.

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City eyes 50% hike in preferential loans to firms

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VietNam News English 3 month(s) ago

HCM City, which has already almost achieved its full-year target for preferential lending to enterprises, is seeking to increase the number by half, a conference heard yesterday .

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11 Vietnam banks cited among world’s top 1,000

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Báo Đầu Tư English 4 month(s) ago 3 related news

11 Vietnam banks cited among world’s top 1,000

The prestigious financial magazine, The Banker, has listed eleven Vietnam banks in its recently published Top World Banks ranking for 2014, affirming the country as a leading financial centre in Southeast Asia.

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