Vietinbank honored as Best Retail Bank Viet Nam 2016

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Báo điện tử CP English 17 hour(s) ago

Vietinbank honored as Best Retail Bank Viet Nam 2016

VGP – The Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has been honored as the Best Retail Bank Viet Nam 2016 by the Global Banking and Finance Review.

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Failed hack via SWIFT on Vietnam bank tried to send funds to Slovenia: central bank

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Báo Tuổi Trẻ English 1 week(s) ago

Failed hack via SWIFT on Vietnam bank tried to send funds to Slovenia: central bank

Vietnam's central bank said on Tuesday a failed hacking attempt on Tien Phong Bank (TPBank) using the SWIFT messaging system sought to fraudulently transfer 1.2 million euros ($1.36 million) to a Slovenian bank late last year in one transaction.

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Vietnam bank says thwarted SWIFT messaging fraud attempt

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Báo Thanh Niên English 1 week(s) ago

Vietnam bank says thwarted SWIFT messaging fraud attempt

Vietnam's Tien Phong Bank (TPBank) said on Sunday it had thwarting a cyber fraud attempt late last year, and a third-party service it used to connect with the SWIFT global money transfers system may have been attacked by hackers.

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Asian Banker Summit 2016 to convene in Hanoi

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Báo Đầu Tư English 3 week(s) ago

Asian Banker Summit 2016 to convene in Hanoi

The Asian Banker Summit, the region’s largest annual gathering for senior executives and industry players in the financial services sector, is going to be held at the JW Marriott Hanoi from May 10 to 12.

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True Money inks deal with Chamroeun MFI

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VietStock FI English 3 week(s) ago

Mobile payment provider True Money Cambodia signed a memorandum of understanding with Chamroeun Microfinance yesterday to facilitate bill payment for the microlender’s clients, the company said in a press release.

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Short tenor bonds surge in first quarter

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Báo Đầu Tư English 1 month(s) ago

Short tenor bonds surge in first quarter

In the first quarter of this year, the total traded value of bonds and bills in the secondary market via outright and repo transactions was VND258.99 trillion ($11.6 billion), up by nearly 30 per cent from the start of the quarter, and up 9.45 per cent compared to the same period last year. Although outright transactions declined 5.69 per cent year-on-year, they still dominated the secondary market, contributing 63.16 per cent of the total transaction volume, equal to VND163.57 trillion...

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Alibaba to hold controlling stake in Lazada

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Báo Đầu Tư English 1 month(s) ago

Alibaba to hold controlling stake in Lazada

Alibaba Group Holding Limited announced today that it had entered into an agreement to acquire a controlling stake in ecommerce company Lazada.

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Vietnam arrests 2 Chinese for stealing from foreign bank accounts

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Báo Thanh Niên English 1 month(s) ago

Police in Da Nang have arrested two Chinese men for using fraudulent cards linked to stolen bank accounts to pay for services and withdraw a cash amount worth US$18,000 in Vietnam.

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Indonesia: 2,000 foreign companies pay no taxes

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Báo Dân Trí English 2 month(s) ago

Indonesia: 2,000 foreign companies pay no taxes

At least 2,000 foreign enterprises in Indonesia committed tax fraud in the past decade by announcing that they are suffering from losses, according to the Ministry of Finance.

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Securities transaction fees reduced

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VietStock FI English 3 month(s) ago

Securities transaction fees reduced

Cambodia's security regulator has slashed transaction fees on securities by half in its latest bid to stimulate interest in the Kingdom’s lacklustre stock exchange.

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VN banks might face risks by opening new offices

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VietnamNet English 2 month(s) ago 3 related news

VN banks might face risks by opening new offices

Many banks have recently opened numerous branches and transaction offices, causing concerns about safety for the banks and unhealthy competition within the banking system.

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How a hacker's typo helped stop a billion dollar bank heist

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Báo Thanh Niên English 2 month(s) ago

How a hacker's typo helped stop a billion dollar bank heist

A spelling mistake in an online bank transfer instruction helped prevent a nearly $1 billion heist last month involving the Bangladesh central bank and the New York Fed, banking officials said.

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New branches risky for local banks

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Báo Đầu Tư English 2 month(s) ago

New branches risky for local banks

Many banks have recently opened numerous branches and transaction offices, causing concerns about safety for the banks and unhealthy competition within the banking system.

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Viet Tien Garment valued at $50 million

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VietnamNet English 2 month(s) ago 1 related news

Viet Tien Garment valued at $50 million

VietNamNet Bridge - As many as 28 million shares of the Viet Tien Garment Corporation, one of the largest garment companies in Vietnam, will be traded on the UpCom transaction floor as of October 10.

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Mobile pay threatens banks: experts

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VietnamNet English 3 month(s) ago

Mobile pay threatens banks: experts

VietNamNet Bridge – Foreign tech giants are set to jump into the mobile payments market on both the paying and receiving sides of the transaction, thus posing a threat to local commercial banks payment market share, warn local experts.

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