BIDV merger in the bag

VietinBank and PG Bank’s merger plan moves forward

vietnam cbank floats 23bn for new credit package to stir realty market

Vietnam cbank floats $2.3bn for new credit package to stir realty market

The State Bank of Vietnam (SBV) has submitted to the government a plan to set aside VND50 trillion (US$2.3 billion) to support the commercial condo segment by enabling local banks to offer local homebuyers long-term lending at preferential rates, Deputy Minister of Construction Nguyen Tran Nam has told Tuoi Tre (Youth) newspaper.
property prices stable but buyers struggle

Property prices stable but buyers struggle

Vietnamese people still find it hard to buy a house due to their very low salaries, even though the property prices are not high, said Nguyen Tran Nam, deputy minister of construction.
home credit releases stunning market share data

Home Credit releases stunning market share data

Home Credit has now achieved 45 per cent market share of Vietnam’s consumer finance sector.
home credit vietnam appoints new ceo

Home Credit Vietnam appoints new CEO

PPF Group N.V has appointed Mr. Igor Prerovsky as the new CEO of PPF Viet Nam – Home Credit Vietnam
haiphong port ipo offers poor return

Haiphong Port IPO offers poor return

The northern region’s busiest port at Haiphong Port only sold 47 per cent of its marketed shares during its initial public offering.
q1 bank results on the up

Q1 bank results on the up

According to its financial statement from the first quarter, Techcombank achieved consolidated pre-tax profit of VND673 billion ($32 million), up 69 per cent on-year and equivalent to 57 per cent of the annual target.
besra cashes in on 12 million gold customs tax refund

Besra cashes in on $12 million gold customs tax refund

By Nguyen Trang Canada’s Besra Gold Inc. will avoid nearly $12 million in tax arrears following after-clearance inspection results conducted by the General Department of Customs on its two gold mines in Vietnam.
hop nhat vietnam group to get customs clearance licence

Hop Nhat Vietnam Group to get customs clearance licence

Hop Nhat Vietnam Group (HNC), one of country's leading express and logistisc firms, received customs clearance licence for goods sent by international airline express service granted by Ho Chi Minh city Department of Customs on April 18.
experts expect stock resurgence

Experts expect stock resurgence

Experts are forecasting the stock market to make major gains in the coming time, after a sharp decline so fair this April.
report shows top business women have finance in common

Report shows top business women have finance in common

Yesterday, April 15, a seminar themed Women in Finance Leadership was organised by the Association of Chartered Certified Acountants (ACCA). The event rallied moe than 350 representatives from both domestic and international financial institutions as well as CEO, CFOs and other leaders.
accas 130 new members celebrated

ACCA’s 130 new members celebrated

Today, ACCA Vietnam organised ACCA New Members Ceremony 2014 to celebrate the achievement of 130 new ACCA members across the country, who have attained the membership milestone from March 31, 2013 to March 31, 2014.
teka triumphs in customs duty case

Teka triumphs in customs duty case

Teka Vietnam has triumphed in a tax dispute with Vietnamese customs authorities on a taxable price assessment of its eleven imported products.
bank merger deals near

Bank merger deals near

The banking sector is likely to see a series of merger and acquisition deals in the next few months after a series of banks announced their plans to merge with other credit institutions.