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.
sp affirms vietcombanks stable rating

S&P affirms Vietcombank’s stable rating

a reshuffled deck key to winning hand

A reshuffled deck key to winning hand

Vietnam’s banking sector has enjoyed a boom time in recent years, but low asset quality and a particularly high ratio of non-performing loans, has triggered great concern, writes Vietcombank Securities analyst Quach Thuy Linh.
japanese bank buys 15 per cent stake in vietcombank

Japanese bank buys 15 per cent stake in Vietcombank

Mizuho Corporate Bank (MHCB), an affiliate of Japan’s Mizuho Financial Group, will buy a 15-per cent stake in the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank).
dung quat refinery gets 32 million loan

Dung Quat refinery gets $32 million loan

The Binh Son Refinery and Petrochemical Company, the operator of the Dung Quat Oil Refinery, on September 29 inked a credit contract worth $32 million with Quang Ngai branch of the Joint Stock Commercial Bank of Foreign Trade of Vietnam (Vietcombank).
vietcombank wins best trade bank

Vietcombank wins best trade bank

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been awarded "Best Vietnamese Trade Bank in 2011" by the Trade Finance Magazine.
banks swim against the tide

Banks swim against the tide

Vietcombank (VCB) and Vietinbank (CTG) climbed despite the market continuing to fall today.
vietcombank to list 16 billion more shares on hcm city bourse

Vietcombank to list 1.6 billion more shares on HCM City bourse

Vietcombank has received a thumbs-up from the State Bank of Vietnam to list nearly 1.6 billion shares on the domestic stock market.
bank seeks foreign investors

Bank seeks foreign investors

The joint-stock Vietcombank (listed on the HCM City Stock Exchange as VCB) plans to have strategic foreign shareholders via private placement by the end of this year or early 2012.
shinhan to buy up stakes in vietcombank joint venture

Shinhan to buy up stakes in Vietcombank joint venture

Shinhan Financial Group, the biggest financial firm in the Republic of Korea (RoK), has decided to buy up the stakes of the Bank for Foreign Trade of Vietnam (Vietcombank) in the joint venture Shinhan Vina Bank.
prudential vietnam allies with vietcombank

Prudential Vietnam allies with Vietcombank

Life insurance giant Prudential Vietnam has officially teamed up with local banking behemoth Vietcombank to launch an online insurance premium payment service.
exposure brings state owned banks under scrutiny

Exposure brings state-owned banks under scrutiny

The State Bank of Vietnam yesterday ordered five major state-owned commercial banks to make comprehensive reports on their business operations during 2008-10. The banks subject to the order are the Bank for Investment and Development of Vietnam (BIDV), Agribank, Mekong Housing Bank, Vietcombank, and Vietinbank.
four banks licenced to offer public shares

Four banks licenced to offer public shares

The State Securities Commission has licenced Vietcombank, TienPhong Bank, VP Bank and Western Bank to offer additional shares.
vietcombank to lift chartered capital

Vietcombank to lift chartered capital

Vietcombank has got the thumbs up to muscle-up its chartered capital.