SHB consolidates grasp on Indochina

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Báo Đầu Tư English 1 week(s) ago

SHB consolidates grasp on Indochina

Saigon-Hanoi Commercial Joint Stock Bank (SHB) is expanding its operations in Indochina to solidify its foothold on the market.

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$139 million in preferential loans for businesses

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SaiGon GP English 2 week(s) ago

Four commercial banks namely Sacombank, Vietinbank, Vietcombank and Agribank yesterday signed an agreement to provide 34 businesses in District 1 with VND3,109 billion (US$139 million) in preferential loans to overcome difficulties and develop production in Ho Chi Minh City.

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Stocks mixed, banks fall on profit- taking

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Báo Đầu Tư English 2 week(s) ago

Stocks mixed, banks fall on profit- taking

Vietnamese shares were mixed in the early session while investors remained cautious due to the market's volatility.

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Vietcombank blames phishing scam as customer loses $22,300 overnight

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Báo Tuổi Trẻ English 1 month(s) ago

A Vietcombank ATM cardholder has complained having lost VND500 million (US$22,321) in her account overnight earlier this month, with the lender claiming its customer was victim of a phishing scam.

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Vietnam's FPT to invest in Myanmar financial switching system

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Báo Thanh Niên English 1 month(s) ago

FPT Corporation has been selected by Myanmar Payment Union (MPU) as the prime investor to implement a national financial switching system, the company said Monday.

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Banks fail to meet cross ownership deadline

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Báo Đầu Tư English 2 month(s) ago

Banks fail to meet cross ownership deadline

Four months after the deadline set by the State Bank of Viet Nam (SBV) for resolving cross ownership in the banking system, the problem persists.

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VN stocks continue to decline

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Báo Đầu Tư English 2 month(s) ago

VN stocks continue to decline

Vietnamese shares slid further in the early session, led by financial firms and property developers.

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Eximbank administers sharp cut to 2016 profit target

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Báo Đầu Tư English 2 month(s) ago

Eximbank administers sharp cut to 2016 profit target

Vietnam Export Import Bank (Eximbank) is lowering its target for deposits, lending, assets, and pre-tax profit for the year 2016 deviating from the earlier plan.

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Ho Chi Minh City to build more public restrooms

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Báo Tuổi Trẻ English 2 month(s) ago

Ho Chi Minh City to build more public restrooms

Ho Chi Minh City leaders have established a goal to improve public restrooms, in an effort to enhance the city’s convenience and urban aesthetic.

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Foreign, domestic shareholders fight over control at Eximbank

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Báo Đầu Tư English 5 month(s) ago

Foreign, domestic shareholders fight over control at Eximbank

Domestic shareholders at Vietnam Export Import Bank (Eximbank) refused to show up at the annual shareholders’ meeting on April 29 possibly to protest foreign shareholders’ pushing them out of the Board of Directors.

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Ho Chi Minh City plans '5-star' public toilets

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Báo Thanh Niên English 6 month(s) ago

Ho Chi Minh City plans '5-star' public toilets

Ho Chi Minh City’s District 1 said it is planning to build a series of public toilets of high standard to serve local people and tourists after launching a crackdown on public urination.

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Banks to see changes in high personnel

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Báo Đầu Tư English 6 month(s) ago

Banks to see changes in high personnel

As the process of restructuring the banking sector is coming to an end, with the number of banks expected to decrease to 15, according to the State Bank of Vietnam (SBV)’s plans, monetary institutions with bad business results and increasing bad debts to restructure are going to see a lot of changes in high personnel.

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Remittance expectations fluctuate for 2016

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Báo Dân Trí English 6 month(s) ago

Remittance expectations fluctuate for 2016

Despite overseas remittances off to a strong start this year, experts have expressed concerns about “complicated fluctuations” likely at home and abroad.

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BUSINESS IN BRIEF 8/3

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VietnamNet English 7 month(s) ago

Japanese fund invests in Ho Chi Minh City’s real estate

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VN stocks rise on both local markets

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Báo Đầu Tư English 7 month(s) ago

VN stocks rise on both local markets

Vietnamese shares, led by the banking sector, rose in the early session on both local exchanges.

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