Short tenor bonds surge in first quarter

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Báo Đầu Tư English 1 week(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 2 week(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 3 week(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 1 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 2 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 1 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 1 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 1 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 1 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 2 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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VN-Korea FTA support centre opens

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SaiGon GP English 2 month(s) ago

VN-Korea FTA support centre opens

The Korea Trade-Investment Promotion Agency (KOTRA) inaugurated the Viet Nam-Korea Free Trade Agreement (VKFTA) Support Centre in Ha Noi yesterday, aiming at disseminating areas related to the FTA as well as supporting businesses of the two countries to make use of the FTA, which came into effect on December 20, 2015, to boost commercial transaction and investment.

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ANZ named Best Trade Finance Bank in Vietnam

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Báo Đầu Tư English 2 month(s) ago

ANZ named Best Trade Finance Bank in Vietnam

ANZ has been named as “Best Trade Finance Bank in Vietnam” in the World’s Best Trade Finance Providers Awards 2016 by Global Finance magazine.

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South Korea’s Shinhan Investment opens securities firm in Vietnam

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Báo Tuổi Trẻ English 2 month(s) ago

South Korea’s Shinhan Investment opens securities firm in Vietnam

Shinhan Investment Corp., a member of South Korea’s Shinhan Financial Group, inaugurated Wednesday a securities firm in Ho Chi Minh City, as part of its plan to secure new growth globally.

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Vingroup sells $134m of corporate bonds

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

Vingroup sells $134m of corporate bonds

Real estate developer Vingroup (VIC) announced that it has sold VND3 trillion (US$133.9 million) of corporate bonds under the guarantee of Credit Guarantee and Investment Facility (CGIF), a trust fund of the Asian Development Bank.

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VN banks willing to take risk, move abroad

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VietnamNet English 2 month(s) ago

VN banks willing to take risk, move abroad

The Ha Noi-Sai Gon Commercial Joint Stock Bank (SHB) opened its fully-owned SHB Bank Limited in Laos in mid-January by upgrading the transaction office it had set up in 2012.

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