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.
fast 500 reveals soe shortfalls

FAST 500 reveals SOE shortfalls

Despite having a key role in Vietnam’s economy, state-owned enterprises are outdone by private sector firms in terms of growth rates.
acca and state audit of vietnam sign cooperation deal

ACCA and State Audit of Vietnam sign cooperation deal

Today the agreement signing ceremony between the State Audit of Vietnam and the ACCA Vietnam was held in Hanoi.
state bank governor suggests lower lending rates

State bank governor suggests lower lending rates

Lending rates may go down by another 1-2 per cent this year.
mobileworld announces share hsx share issue

MobileWorld announces share HSX share issue

MobileWorld, Vietnam’s top mobile retailer, announced it planned to list 63 million shares on the HSX in June.
central bank rate cuts aimed at credit growth

Central bank rate cuts aimed at credit growth

The central bank has continued to ease monetary conditions by cutting key interest rates to spur credit growth in a sluggish first quarter.
pm approves cienco 8 equitisation

PM approves Cienco 8 equitisation

The prime minister has approved the equitisation plan of the mother company of Civil Engineering Construction Corporation 8 (Cienco 8).
foreign investors call for faster reform

Foreign investors call for faster reform

Foreign investors are demanding an even faster equitisation and non-core business divestment process to open up more investment opportunities, despite recent moves by the government to pick up the pace.
hsbc anz reports not confident in credit growth

HSBC, ANZ reports not confident in credit growth

HSBC has analysed that a recent interest rate cut by the State Bank will have little impact on lending growth.
cpi march likely rose 02 per cent at maximum

CPI March likely rose 0.2 per cent at maximum

Speaking at a press conference on March 17, the central bank’s monetary policy head Nguyen Thi Hong said the month’s consumer price index (CPI) would rise a modest 0.2 per cent on-month.
bong mieu gold plant likely to reopen next month

Bong Mieu Gold plant likely to reopen next month

After typhoons and flooding caused major landslides and destroyed roads to the site of Bong Mieu Gold Mining Company (BMGMC), one of two joint ventures of Besra Vietnam, the company suspended operations for repairs.
pvc begins divestment drive

PVC begins divestment drive

PetroVietnam Construction last week announced that it would divest from 13 listed companies by the end of 2015 but its proposal could face difficulties as it targets a par value payment on its shares.
vinalines plans port share sale

Vinalines plans port share sale

Vietnam National Shipping Lines has announced plans for an initial public offering in May for the biggest seaport operator in the north.
bank ma deal nears

Bank M&A deal nears

Many market observers believe that Sacombank will benefit less from its merger with Southern Bank.
ifc recognises techcombank as 2013 global best issuing bank partner

IFC recognises Techcombank as 2013 Global Best Issuing Bank Partner

Techcombank was recently was honoured with the Best Issuing Bank Partner award for its active participation in the International Finance Corporation (IFC)'s Global Trade Finance Programme (GTFP).