Lotte opens fourth duty-free in Danang

Lotte opens fourth duty-free in Danang

South Korea's leading travel retail group Lotte Duty Free has opened a duty-free store in the centre of Danang.
SCB appoints new chairman and board members

SCB appoints new chairman and board members

The new member of SCB's Board of Directors come from four state-owned banks, as SCB is now under special supervision.
Bank of America to open branch in Ho Chi Minh City

Bank of America to open branch in Ho Chi Minh City

Bank of America – the second largest bank in the US – has submitted an application to open a branch in Ho Chi Minh City with a capital of around $50 million.
Market upgrade checklist still needs completed for Vietnam

Market upgrade checklist still needs completed for Vietnam

Despite a stellar economic performance, Vietnam’s stock market is still some way off an upgrade to emerging market designation, with a series of efforts requiring implementation in order to bring the domestic landscape in line with international standards.
LienVietPostBank to sign an exclusive bancassurance agreement in mid-June

LienVietPostBank to sign an exclusive bancassurance agreement in mid-June

LienVietPostBank is mulling over an exclusive bancassurance deal after its 5-year agreement with Dai-ichi Life.
Vietnam's digital economy reaches $53 billion in Q1

Vietnam's digital economy reaches $53 billion in Q1

A meeting of the National Committee on April 27 revealed that the country's digital economy generated $53 billion in the first quarter of this year.
Louis Holdings chairman and Tri Viet Securities representatives arrested

Louis Holdings chairman and Tri Viet Securities representatives arrested

On April 20, the Investigative Police Agency announced a decision to prosecute alleged stock market manipulation.
South Korean banks in Vietnam reported $172 million in profits in 2021

South Korean banks in Vietnam reported $172 million in profits in 2021

Several South Korean banks are showing an interest in growing their presence in Vietnam.
Tan Hoang Minh would sell 2-3 properties to pay back to bondholders

Tan Hoang Minh would sell 2-3 properties to pay back to bondholders

Do Hoang Minh, chairman of property group Tan Hoang Minh, revealed that the corporation would offload 2-3 projects to ensure bondholders’ rights and obligations.
Rate switches sought to bolster businesses

Rate switches sought to bolster businesses

Businesses are advocating for a holistic strategy to support their community to ride out the bumps associated with prospective rising interest rates, including flexible regulations on preferential lending rates mechanisms and extensions for repayment deadlines.
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