citi parnters with horizon securities corp

Citi parnters with Horizon Securities Corp.

Citigroup on July 1 announced that it had acquired a 9.9 per cent stake in Vietnam’s Horizon Securities Corporation, subject to regulatory approval.
citibank vietnam joins vnbc

Citibank Vietnam joins VNBC

Citibank Vietnam on June 27 announced to be a member of the Vietnam Bank Card ATM network ViNa Brilliant Card Company (V.N.B.C.)
hsbc vietnam launched new online savings accounts

HSBC Vietnam launched new online savings accounts

HSBC Bank (Vietnam) officially launched on June 22 a high-interest online savings account to help their personal financial customers earn bigger returns on their savings.
hsbc bank vietnam has new ceo

HSBC Bank (Vietnam) has new CEO

HSBC (Vietnam) announced on June 14 Sumit Dutta officially assumed his role as Chief Executive Officer for HSBC Bank (Vietnam) Ltd since May.
online tax declaration service kicks off

Online tax declaration service kicks off

Seatech last week announced the launch of Vietnam’s first online tax declaration service to local taxpayers in Vietnam.
phu thai cats record year

Phu Thai Cat’s record year

Established a year ago Phu Thai Cat, an arm of Vietnam’s leading distribution firm Phu Thai Group, has targeted to be the largest machinery and engine supplier in Vietnam.
banks suffer liquidity strains as deposits fall

Banks suffer liquidity strains as deposits fall

People are still shunning Vietnamese dong deposits and smiling on banking in US dollars and gold this year, causing local currency liquidity problems for some local banks.

Investment dream becomes a reality

Dream Incubator Asia Industrial Fund has announced its first investment in Vietnam through acquiring a 25 per cent stake in local milk producer Nutifood.
local banks too shy to court new partners

Local banks too shy to court new partners

Local commercial joint stock banks are backing away from courting strategic foreign partners this year.
hsbc targets five billion dollar markets in asia

HSBC targets five ‘billion dollar’ markets in Asia

HSBC expects India, Singapore and Malaysia/Indonesia to each deliver over $1 billion in profit before tax in the medium term, joining Hong Kong and mainland China as ‘billion-dollar’ businesses, to accelerate the bank’s growth in the region.
hsbc expands in hanoi

HSBC expands in Hanoi

HSBC Bank (Vietnam) yesterday expanded its local distribution by opening another new outlet in Hanoi, forming the 16th outlet after two years.
cvss landmark cambodian move

CVS’s landmark Cambodian move

The first Vietnam-invested securities firm has opened in Cambodia.
ace life launches single premium universal life 65

Ace Life launches single premium universal life 65

ACE Life Vietnam today officially launched Single Premium - Universal Life 65.
banks trim yearly growth targets

Banks trim yearly growth targets

ACB and Techcombank are both bucking the trend in the downbeat banking sector by targeting strong growth pace in 2011.
hsbc vietnam launches integrated receivables solution

HSBC Vietnam launches integrated receivables solution

HSBC Bank (Vietnam) yesterday introduced the new Integrated Receivables Solution (IRS) to their customers, turning the HSBC’s customers in Vietnam to be the first in the Asia Pacific region to be offered this innovative solution.