05-10-2010 17:14
HDBank is preparing to issue 145 million stocks to raise its chartered capital.
05-10-2010 16:44
HSBC Bank (Vietnam) Ltd., has opened its fourth branch in Danang City, a week after opening its third branch in Can Tho.
03-10-2010 21:35
Last week’s eagerly awaited adjustment of banking safety ratios is expected to create more room for local banks to provide loans.
13-09-2010 06:00
Vietnam faces no short-term, sharp risks from its currency’s recent devaluation.
13-09-2010 06:00
Vietnam may not grant licences for any new 4G netwok within the next two years while it waits for the technology to mature.
30-08-2010 15:57
Local banks will take at least three months to meet new safety requirement ratios. Circular 13/2010/TT-NHNN issued in May on credit institutions’ safety ratios replaces Decision 457/2005/QD-NHNN and will take effect from October 1.
29-08-2010 20:43
Locally incorporated foreign banks are racing to raise chartered capital to meet a pressing deadline.
29-08-2010 12:10
The State Bank has started loosening its monetary policy through pumping capital into commercial banks to muscle-up export and rural area credits.
11-08-2008 18:09
As domestic debtors struggle to repay their loans at maturity, local banks have begun freezing new loans due to large-scale non-performing loan risks.
16-06-2008 18:10
Foreign institutions are hunting merger and acquisition opportunities in Vietnamese securities companies and banks.
03-06-2008 18:10
Greenback speculation on the black market has cooled following the State Bank’s strong messages to the public and large-scale selling to local commercial banks.
25-02-2008 17:58
The first state by a Finnish president, which wrapped up last week, is set to provide economic windfalls for both sides after a series of cooperation agreements were signed.
31-12-2007 18:10
The Vietnamese dong is appreciating against the US dollar after the State Bank expanded the forex trading band last week. The central bank expanded the band by +0.25 per cent to +0.75 per cent from December 24, a year after conducting similar increases.
17-09-2007 18:11
Banks are in a hectic race to attract new customers following a move to pay state workers’ salaries directly into bank accounts. Prime Minister Nguyen Tan Dung wants to fight corruption, reduce cash payments and improve system efficiency with Directive 20/2007/CT-TTg issued on August 24.
27-06-2007 17:38
Vietnam has seen record increases in foreign currency reserves in the first half of 2007, due to rising indirect investment in the stock market and a stabilised domestic exchange rate.