22-01-2013 11:24
ANZ Bank last week joined with other foreign banks to provide a $300 million loan to PetroVietnam Exploration Production Corp.
22-01-2013 10:20
Giant state-owned commercial banks including BIDV, VietinBank and VietcomBank all reported slight increase in profit for 2012.
22-01-2013 10:18
Non-performing loans (NPLs) may continue to rise, even as the State Bank works to resolve the crisis.
21-01-2013 14:23
Vietnam-based bankers are suggesting that the State Bank should actively ease regulations on single-borrower limits to enable them to finance large foreign invested projects.
20-01-2013 13:02
The signing ceremony of the $300 million credit loan contract between Petro Vietnam Exploration Production Corporation (PVEP) and a group of foreign banks took place in Hanoi on January 18.
17-01-2013 14:11
A number of new problems continue to attract complaints a week after the restriction on the gold bullion trading market took effect, with even the banks licensed to buy and sell the precious metal now facing challenges in following the new rule.
16-01-2013 17:00
Dragging economic hardships are expected to dampen the banking sector profits in 2013, several experts say.
15-01-2013 16:00
The State Bank has confirmed the ceiling deposit rate scheme will continue to be applied in 2013. Senior economic expert Bui Kien Thanh looks at ways to ease lending rates without resorting to the use of ceiling rates.
14-01-2013 16:54
The Electricity of Vietnam Group (EVN) is completing procedures and negotiations with foreign banks and financial institutions to get a $2.58-billion loan for its power projects in 2013.
14-01-2013 08:57
Government Decree 24 took effect on Thursday but many of the banks and companies that have been allowed to buy and sell gold bars in HCMC made no move.
09-01-2013 11:32
Struggling banks are racing against time to speed up their restructuring.
09-01-2013 09:21
After the central bank has allowed collection of on-us ATM (automated teller machine) transaction fees starting in March, local banks are considering various collection schemes with some saying to charge lower than the maximum rate of VND1,000 per transaction while others saying ‘no’ to this fee to keep customers.
08-01-2013 15:44
After more than tripling its chartered capital in Vietnam in mid-2011, Bank of Tokyo-Mitsubishi UFJ has become one of the largest-capitalised credit institutions in the country.
29-12-2012 08:21
In a bid to woo more customers, banks are promoting higher interest rates on deposits despite a State Bank order to reduce rates.
26-12-2012 15:38
Several Japanese investors have seen the slump in the securities market as an opportunity to buy stocks on the cheap in Vietnamese banks.