31-01-2011 13:08
Last year, the domestic stock market did not promise much and many banks decided to defer their plans to list on the bourses.
25-01-2011 07:00
The demand for low denomination banknotes has increased sharply ahead of Tet (lunar New Year), causing a headache for both banks and the public, but playing into the hands of black market traders.
24-01-2011 10:00
Local banks are hiking mobilising interest rates for dollar deposits as demand for dollar-denominated credit keeps rising, a trend which has given rise to fears of dollarisation.
23-01-2011 23:09
Local banks are downscaling profit targets for 2011 as monetary policies aimed at curbing inflation take their toll.
22-01-2011 15:00
A number of commercial banks have continued to limit deposit terms and lower interest rates for gold deposits, in a bid to restrict these types of deposits pursuant to instructions issued by the central bank.
22-01-2011 10:22
Business bounced back at the major US banks in 2010, with most showing improved earnings, but some of the largest firms faced lingering symptoms of the crisis and faced new curbs on lucrative business.
21-01-2011 16:05
Domestic commercial banks with increased chartered capital have presented cautious outlooks regarding profit targets in 2011.
21-01-2011 09:09
The State Bank of Vietnam has approved the plans of three banks to raise their charter capital.
20-01-2011 17:00
Many local state-owned banks are taking a cautious approach regarding plans to join Vietnam’s stock market in 2011.
19-01-2011 13:15
The annual deposit interest rate on US dollars had touched 6.25 per cent at the end of last week, the highest in recent months.
16-01-2011 20:21
Over 20 banks in Vietnam are still operating with a chartered capital lower than the required limit of VND3 trillion which is set out by Decree 141/2006/ND-CP.
15-01-2011 13:30
Some smaller commercial banks in the past week have raised the interest rates they offer on US dollar deposits by 0.9 to 1.3 percentage points to as high as 6.1 per cent per year.
15-01-2011 13:19
Competition in the banking industry is likely to become increasingly fierce this year as foreign credit institutions have received full rights to operate on the domestic market pursuant to WTO commitments.
14-01-2011 09:34
A top US State Department official on Thursday sought to ease diplomatic anger among UN states about the closure of embassy accounts by US banks.
13-01-2011 17:00
Foreign banks will be taking a cautious approach regarding business expansion plans in Vietnam according to industry insiders.