banks in firing line

Banks in firing line

The first salvos of the banking sector restructuring plan have just been fired.
credit limit reshuffled

Credit limit reshuffled

The State Bank is to offer foreign bankers a much needed carrot next year when it recalibrates lending limits to torpedo a one-size-fits-all policy.
tokyo stocks up 241 per cent in early trade

Tokyo stocks up 2.41 per cent in early trade

soared more than two per cent in early trade on Thursday after coordinated action by to pump liquidity into .
shot in arm for world finance as eu countdown begins

Shot in arm for world finance as EU countdown begins

received a gigantic shot in the arm Thursday, markets surging as unleashed a massive money-go-round days from an EU deadline to beat debt blues.
bidc opens new branch in cambodia

BIDC opens new branch in Cambodia

banks bid to attract fresh gold deposits

Banks bid to attract fresh gold deposits

Banks in Ho Chi Minh City are vying to increase interest rates on gold and deposits in unpopular foreign currencies, considering it as a solution to improve liquidity.
usual suspects still haunt banks

Usual suspects still haunt banks

Vietnam’s macroeconomy recently exhibited some good signs, with October’s consumer price index data rising only slightly against September, by 0.36 per cent and representing the lowest increase this year.
asian markets cautious on europe contagion fears

Asian markets cautious on Europe contagion fears

were mixed on Thursday but trade was cautious after two ratings agencies sounded alarm bells over the potential impact of the eurozone debt crisis on major banks.
banks get into the zone

Banks get into the zone

Banking sector restructuring has captured the public’s attention. National Financial Supervisory Committee Vu Viet Ngoan sheds some light on what banking authorities should do to help banks stay healthier.
eu contagion worries shock us stocks

EU contagion worries shock US stocks

US stocks plunged in late trade Wednesday after the agency warned that contagion from the frail could hit US banks badly.
luxembourg offers path to success

Luxembourg offers path to success

Luxembourg, a gateway to the European market with 500 million plus consumers, has a high performing, world class financial sector with its investment fund industry ranked second in the world and its private banking sector seventh.
banks cooperate for success

Banks cooperate for success

BIDV and Ficombank, recently inked a cooperation agreement in Ho Chi Minh City.
property developers face default threat

Property developers face default threat

Property developers are under intense pressure to repay bank loans that generally fall due at the year-end even as the property market has hit rock bottom.
restructuring of banks is an urgent task for vietnam

Restructuring of banks is an urgent task for Vietnam

Vietnam’s banking sector is being squeezed by a perfect storm of hostile market conditions. Dr. Andreas Stoffers, board member of German Business Association Vietnam (GBA) writes that the industry must undertake urgent restructuring if it is to keep its head above troubled waters.
sp downgrade rocks local banking industry

S&P downgrade rocks local banking industry

Standard & Poor’s downgrade of Vietnam’s banking industry last week has received sideways glances from leading economists in the country.