Bank stocks rise on coming bad debt resolution

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Báo Đầu Tư English 1 week(s) ago 1 related news

Shares ended Monday on a positive note as banks reacted to information that the new bad debt settlement resolution will likely be approved by the National Assembly this week.

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Moody's downgrades Sacombank

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Báo Đầu Tư English 2 week(s) ago

Ho Chi Minh City-based Sacombank’s long-term deposit and issuer ratings have been downgraded to Caa1 from B3 by Moody’s Investors Service. Its ratings outlook remains negative.

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VN banks struggle to keep interest rates steady

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Báo Đầu Tư English 2 week(s) ago

From mid-March, Sacombank has been offering certificates of deposit (CDs) denominated in dong to individuals and companies.

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Shares gain on VN-US business deals

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Báo Đầu Tư English 3 week(s) ago

Shares ended positive in both local markets on Thursday as investor confidence was bolstered by positive meetings between Viet Nam’s Prime Minister Nguyen Xuan Phuc and US officials and businesses.

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Banks, brokerages lift local markets

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Báo Đầu Tư English 1 month(s) ago

Shares rose in both local markets on Monday morning, boosted by banks and brokerages.

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Foreign investment helps market

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

Viet Nam’s key VN Index extended growth for a second day yesterday as bank stocks were boosted by strong foreign investment.

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Commercial banks finalising senior personnel line-up

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Báo Đầu Tư English 1 month(s) ago

After holding their general shareholders’ meetings in 2017, many commercial banks have publicised their senior personnel for the new term.

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The many tastes of M&A: the happy unions, the constant fights and the arranged marriages

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Báo Đầu Tư English 1 month(s) ago

Mergers and Acquisitions (M&A) usually start with friendly handshakes, but underneath the friendly facade there are several intense battles to manipulate enterprises. These different shades of the game make up a diverse M&A spectrum.

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Caution pulls down blue chips

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Báo Đầu Tư English 2 month(s) ago

Shares dropped further in the two local exchanges on Monday as investors remained cautious about market conditions, pulling blue chips down.

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Oil price increases help pull VN Index up

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Báo Đầu Tư English 2 month(s) ago

Viet Nam’s benchmark VN Index closed up on Friday, boosted by the energy sector on positive movement of oil prices.

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The highly speculated return of Sacombank’s ‘father’

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Báo Tuổi Trẻ English 2 month(s) ago 1 related news

It is common practice for personnel to emerge as a topic that attracts the most attention from financial investors before the annual general meeting of any bank.

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Novaland backs out of Sacombank restructuring project

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

Novaland Group (NVL) on Wednesday said it would not participate in the restructuring of Saigon Commercial Joint Stock Bank (Sacombank) as planned previously, Thoi bao Kinh te Viet Nam (Vietnam Economic Times) has reported.

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Founder mulls return to Sacombank after five-year absence

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Báo Tuổi Trẻ English 3 month(s) ago

The information of potential candidates to participate in the restructuring of Sacombank, one of Vietnam’s largest joint stock commercial banks, has attracted increasing public interest in recent days, particularly thanks to the presence of some ‘heavyweight candidates.’

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Founder of Sacombank to return after five years

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Báo Đầu Tư English 3 month(s) ago

In recent days, potential candidates have been lining up to participate in restructuring Sacombank, one of the largest joint stock commercial banks in Vietnam, drawing avid attention from the public. The appearance of numerous “heavyweights” have called even more attention, highlighting names like New York-based Evercore Group Investment Bank, M&A consulting firm Redsun Capital Limited, and Dang Van Thanh, president of Thanh Thanh Cong Group. This is the first time Thanh returns to the field after a long absence from...

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VN Index struggles to rise, banks hit

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Báo Đầu Tư English 3 month(s) ago

Viet Nam’s benchmark VN Index struggled to rise on Monday morning as most of the leading sectors were hit by investor selling.

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