vnd 14500 billion credit loan contract for lai chau hydropower project

VND 14,500 billion credit loan contract for Lai Chau hydropower project

A commercial loan contract worth VND 14,500 billion for the Lai Chau hydropower project was signed on July 10th in Hanoi between the Vietnam Electricity Group (EVN) and the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank).
vietcombank at 445th in worlds top 1000 banks

Vietcombank at 445th in world’s top 1,000 banks

The Banker Magazine has placed the Bank for Foreign Trade of Vietnam (Vietcombank) at 445th in its list of the world’s top 1000 banks.
shares climb on rate cut news

Shares climb on rate cut news

Shares on both stock exchanges rose yesterday afternoon following the news that Vietcombank had cut its deposit rates.
two vietnamese banks honoured by asian banker

Two Vietnamese banks honoured by Asian Banker

The Asian Banker magazine has awarded the prestigious Best Cash Management Bank in Vietnam and Leading Counterparty Bank in Vietnam to the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank).
standard chartered bank grants stp award to vietcombank bidv

Standard Chartered Bank grants STP Award to Vietcombank, BIDV

Standard Chartered has granted the Straight-Through Processing Award for 2012 to Vietcombank and BIDV.
state powerhouses toasting a profitable 2012 to report profit for 2012

State powerhouses toasting a profitable 2012 to report profit for 2012

Giant state-owned commercial banks including BIDV, VietinBank and VietcomBank all reported slight increase in profit for 2012.
nam long offers interest free loans to lure homebuyers

Nam Long offers interest-free loans to lure homebuyers

Customers of the Ehome 3 Saigon West project will be relieved from financial pressure as the project owner, Nam Long Investment Corporation, has reached an agreement with Vietcombank to offer homebuyers interest-free loans.
vietcombank champions villa ownership

Vietcombank champions villa ownership

Don’t miss the opportunity for luxurious villas ownership with great support from Vietcombank.
customers to strike while the iron is hot

Customers to strike while the iron is hot

Bankers and developers are trying their best to get customers back into the residential market. A range of bankers like BIDV, Vietinbank and Vietcombank have announced their credit support packages for house buyers with interest rates from 12 to 14 per cent, per year.
gold falls further

Gold falls further

Price of gold in Ho Chi Minh City continued to fall on July 9 compared to the previous week, while financial institutions sold dollar at VND20,900, with Vietcombank offering the highest purchase price at VND20,910.
vietcombank bad debt still under control at 3 pc

Vietcombank: Bad debt still under control at 3 pc

The Bank for Foreign Trade of Vietnam (Vietcombank) announced on June 26 that its bad debt is still under control at 3 per cent.
vietcombank offers vnd2 trillion in low interest loans

Vietcombank offers VND2 trillion in low-interest loans

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has announced that it will allocate VND2 trillion ($96 million) to provide low-interest loans for business and consumption purposes.
vietcombanks swelling capital

Vietcombank’s swelling capital

Vietcombank has lifted the curtain on a VND14.7 trillion ($705.6 million) capital surplus.
dong appreciates on rising dollar inflows

Dong appreciates on rising dollar inflows

Strong foreign cash inflows could be behind the recent sharp appreciation of the Vietnamese dong. Vietcombank statistics revealed dong appreciated around 1.15 per cent against dollar in the year to date, a move that might surprise investors.
viettel is in step with vietcombank plan

Viettel is in step with Vietcombank plan

Vietcombank and Viettel have launched Mobile BankPlus, which enables Viettel’s mobile subscribers to bank with Vietcombank via mobile devices since January.