financials and banks pulled market down

Financials and banks pulled market down

Vietnamese markets dropped on Monday morning, dragged down by financial-banking stocks.
banks incorporate basel ii standards

Banks incorporate Basel II standards

A group of Vietnamese banks have been accorded compliance through international regulations despite the ­challenges faced in raising capital and attracting ­investors, paving the way for others to follow. Trang Phuong reports.
us justice official pleads guilty in 1mdb lobbying case

US Justice official pleads guilty in 1MDB lobbying case

George Higginbotham, 46, admitted to lying to US banks while transferring tens of millions of dollars to fund a lobbying campaign on behalf of Low Taek Jho - the 1MDB affair's alleged mastermind.
property firms look to stocks for capital

Property firms look to stocks for capital

With banks tightening credit to the property sector, developers should look at the stock market for capital, experts told a workshop on “Potential and opportunities for investment in property stocks on Friday.
market short term outlook remains negative

Market short-term outlook remains negative

Banks and petroleum companies helped cushion the market on Friday, but the near-term outlook for the Vietnamese stock market remained pessimistic, according to analysts and securities firms.
quang binh eyes tightening real estate loans

Quang Binh eyes tightening real estate loans

Quang Binh Province’s Department of Construction has urged commercial banks to tighten control over real estate loans to prevent speculation which is pushing up land prices in the central province.
banks petrol help market end positive

Banks, petrol help market end positive

Banks and petroleum companies drove the Vietnamese stock market up on Friday while caution still weighed on overall sentiment ahead of the US-China talks at the G20 summit.
construction works destroys banks of sai gon river

Construction works destroys banks of Sai Gon River

Construction works are endangering the banks of the Sai Gon River which supplies water for the city’s residents and contributes significantly to the development of HCM City.
prosecution begins for vnd300 billion fraud at hsbc and anz

Prosecution begins for VND300 billion fraud at HSBC and ANZ

HSBC and ANZ have named 13 companies of being involved in a series of frauds costing the banks VND300 billion ($13 million), leading to the prosecution of dozens of defendants and eight companies. While no wrong-doings have been identified on the part of the staff of the two banks, the court issued further investigation.
pm urges banks to aid key economic sectors

PM urges banks to aid key economic sectors

Prime Minister Nguyen Xuan Phuc has told the banking sector to make it easier for businesses in key sectors of the national economy to access capital.
defensive stocks drive market up

Defensive stocks drive market up

Vietnamese shares ended Wednesday morning on a positive note, driven up by defensive sectors such as banks, food and beverage firms and insurance companies.
positive signs from vietnams banks as credit ranking rises

Positive signs from Vietnam’s banks as credit ranking rises

The world’s leading credit rating firms have ranked Vietnamese commercial banks at higher positions this year, reflecting the success of monetary policy and efforts made by commercial banks.
gobear shakes hands with credolab to approach 495 million locals

GoBear shakes hands with CredoLab to approach 49.5 million locals

Personal finance comparison website GoBear and smartphone-based alternative credit scoring provider CredoLab announced today their partnership to launch Easy Apply, a smartphone app that enables banks, financial institutions, and lenders to extend credit to a larger pool of customers while keeping risks in check.
moodys upgrades ratings on vietnamese banks

Moody’s upgrades ratings on Vietnamese banks

Moody’s Investors Service has upgraded and affirmed the long-term local and foreign-currency issuer ratings and deposit ratings for numerous Vietnamese banks, and changed Sacombank’s outlook to stable from negative.
small scale banks massively hike charter capital

Small-scale banks massively hike charter capital

Small banks are mulling over capital hikes and listing plans amid favourable market conditions and rosy business performance.