More banks cut deposit rates

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Báo Đầu Tư English 5 day(s) ago 1 related news

More banks cut deposit rates

A series of commercial banks like MB, Techcombank, ACB, Sacombank, VIB lowered deposit rates for some terms.

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Speculative trading buoys stock market

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VietnamNet English 6 day(s) ago 1 related news

VietNamNet Bridge – Strong speculative trading helped lift shares on both national stock exchanges last week while heavy negotiations trading on bank shares on the HCM City exchange attracted investor curiosity.

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Speculative trading buoys stock market

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VietNam News English 6 day(s) ago 1 related news

Strong speculative trading helped lift shares on both national stock exchanges last week while heavy negotiations trading on bank shares on the HCM City exchange attracted investor curiosity.

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Increase in cash flow helps markets climb

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VietnamPlus English 1 week(s) ago 3 related news

The value of negotiated transactions in the HCM Stock Exchange on May 9, worth 1.16 trillion VND (55.2 million USD) accounted for 64 percent of a total market value of nearly 1.82 trillion VND (86.7 million USD).

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Increase in cash flow helps markets to climb

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

Increase in cash flow helps markets to climb

The value of negotiated transactions in the HCM City Stock Exchange yesterday, worth VND1.16 trillion (US$55.2 million), accounted for 64 per cent of a total market value of nearly VND1.82 trillion ($86.7 million).

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STB: SACOMBANK to issue 136,355,472 shares for the 2011 dividend payment STB: SACOMBANK to issue 136,355,472 shares for the 2011 dividend payment

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VietStock FI English 1 week(s) ago 1 related news

Sai Gon Thuong Tin Commercial Joint Stock Bank disclosed its plan to issue 136,355,472 shares for the 2011 dividend payment with ratio 14% as follows:
Sai Gon Thuong Tin Commercial Joint Stock Bank disclosed its plan to issue 136,355,472 shares for the 2011 dividend payment with ratio 14% as follows:

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Banking mergers get hotter

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Báo Đầu Tư English 1 week(s) ago

Banking mergers get hotter

Various Vietnamese banks are seeking merger and acquisition (M&A) deals as well as strategic partners to make them stronger.

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Tram Be – the mysterious tycoon

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VietnamNet English 2 month(s) ago 1 related news

Tram Be – the mysterious tycoon

VietNamNet Bridge – Only billionaires can hold the controlling stakes of a commercial bank. Meanwhile, Tram Be and his family members are now the biggest shareholders of two banks – Sacombank and Southern Bank.

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Mergers favored as Vietnam banks prepare to restructure

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

Mergers favored as Vietnam banks prepare to restructure

Eximbank's merger with Sacombank is expected to happen in several years after the two signed a strategic partnership pact last year. Photo courtesy of VnEconomy

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Several bank mergers to take place

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VietnamNet English 1 week(s) ago 1 related news

VietNamNet Bridge – Many banks have brought forward merger plans at their annual shareholders’ meetings, including several obvious deals to be carried out soon.

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2 Vietnam banks unveil merger plans

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Báo Thanh Niên English 2 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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Several bank mergers to take place

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SaigonTimes English 2 week(s) ago

HCMC – Many banks have brought forward merger plans at their annual shareholders’ meetings, including several obvious deals to be carried out soon.

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Banks aim high despite market challenges

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

Banks aim high despite market challenges

HCM City's major joint-stock banks have set ambitious credit growth targets for this year though the market remains very difficult.

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Eximbank shareholders okay merger plan

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SaigonTimes English 2 week(s) ago

HCMC – Shareholders of Vietnam Export Import Bank (Eximbank) have approved a plan to weigh the possibility of merging with other banks, with the board of directors tasked with finding ways to realize the plan.

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Banks look to strengthen foreign ties to weather choppy economy

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VietnamNet English 3 week(s) ago

Banks look to strengthen foreign ties to weather choppy economy

VietNamNet Bridge – Some Vietnam banks are pondering new and deeper foreign partnerships to strengthen their positions amid current stormy economy.

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