GPBank to be nationalized, Ocean Bank may follow

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VietnamNet English 1 day(s) ago 1 related news

GPBank to be nationalized, Ocean Bank may follow

VietNamNet Bridge – The State Bank of Vietnam (SBV) plans to nationalize GPBank, and then possibly Ocean Bank if the bank is unable to handle its problems.

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Vienam central bank plans to take over more troubled lenders

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Báo Thanh Niên English 2 day(s) ago

Vienam central bank plans to take over more troubled lenders

The State Bank of Vietnam is planning to take over at least two more banks which have not been able to sort out their financial and managerial troubles, an official said.

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SBV head calls for sustainable capital market

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VietnamNet English 4 day(s) ago 2 related news

SBV head calls for sustainable capital market

Viet Nam must develop its capital market to avoid the current dependence of long-term investment capital on the banking system, State Bank of Viet Nam Governor NguyenVan Binh has suggested.

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Mekong Delta authorities instructed to stockpile rice

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SaiGon GP English 5 day(s) ago

Mekong Delta authorities instructed to stockpile rice

Prime Minister Nguyen Tan Dung yesterday told Mekong Delta authorities to purchase and stockpile one million tonnes of the winter-spring rice crop.

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SBV head calls for sustainable capital market

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VietNam News English 5 day(s) ago 2 related news

SBV head calls for sustainable capital market

Viet Nam must develop its capital market to avoid the current dependence of long-term investment capital on the banking system, State Bank of Viet Nam Governor NguyenVan Binh has suggested.

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SBV head calls for sustainable capital market

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Báo Đầu Tư English 5 day(s) ago 2 related news

SBV head calls for sustainable capital market

Viet Nam must develop its capital market to avoid the current dependence of long-term investment capital on the banking system, State Bank of Viet Nam Governor NguyenVan Binh has suggested.

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Mekong Delta authorities instructed to stockpile rice

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VietNam News English 5 day(s) ago 1 duplicate news

Mekong Delta authorities instructed to stockpile rice

Prime Minister Nguyen Tan Dung yesterday told Mekong Delta authorities to purchase and stockpile one million tonnes of the winter-spring rice crop.

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Banks asked to expand support for disadvantaged members

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VietnamPlus English 7 day(s) ago

Prime Minister Nguyen Tan Dung has asked the State Bank of Vietnam (SBV) and the Vietnam Bank for Social Policies (VBSP) to assist with housing gaps and generate jobs for welfare beneficiaries and households living at or below the poverty line.

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Banks consider taking part in proposed credit program to save property market

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VietnamNet English 1 week(s) ago

Banks consider taking part in proposed credit program to save property market

VietNamNet Bridge – Some big banks said they would take part in a VND50 trillion credit program initiated by the State Bank to warm up the property market, which has not improved over the last few years despite government bailouts.

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In-depth monetary market management

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VietnamNet English 1 week(s) ago 1 related news

In-depth monetary market management

The word "belief" has cropped up often during the recent months when one talks about the monetary market and the management policies by the State Bank of Vietnam (SBV).

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Local authorities check on HSBC’s secret Swiss accounts

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Báo Dân Trí English 1 week(s) ago

Local authorities check on HSBC’s secret Swiss accounts

Deputy Governor Nguyen Thi Hong of the State Bank of Vietnam (SBV) said yesterday that SBV will initiate a formal investigation into the 26 HSBC Holdings Plc.’s Swiss unit accounts that are registered under the names of Vietnamese citizens and suspected of tax evasion.

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In-depth monetary market management

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VietnamPlus English 1 week(s) ago 1 related news

The word "belief" has cropped up often during the recent months when one talks about the monetary market and the management policies by the State Bank of Vietnam (SBV). The central bank has adopted a series of measures, as well as made explicit moves to stabilise the market, but a number of people still worry if the policies have been able to lay the foundation for market stability in the future. The Vietnam News Agency spoke to the Deputy Governor...

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SBV to develop cash-transporting service

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

SBV to develop cash-transporting service

The State Bank of Viet Nam will allow domestic commercial banks to start companies responsible for transporting cash to branches and transaction offices in order to reduce related expenses.

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VNCB nationalization deal raises controversy

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VietnamNet English 1 week(s) ago

VNCB nationalization deal raises controversy

VietNamNet Bridge – The news that the Vietnam Construction Bank (VNCB) has been sold to the State Bank, an unprecedented action in the country, has caused concern among the public.

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SBV moves to restructure even well-performing banks

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VietnamPlus English 2 week(s) ago

The State Bank of Vietnam (SBV) plans to deal with six or eight banks in 2015, including efficiently-operating ones, according to Governor Nguyen Van Binh.

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