28-05-2018 14:00
The outstanding loans of Vinafood 2 (Southern Food Corporation) from banks stood at nearly VND2.3 trillion ($101.25 million) at the end of 2017, including VND1.186 trillion ($52.25 million) owed by the parent company and VND1.113 trillion ($49 million) by the subsidiaries.
24-05-2018 18:37
While numerous banks raise service fees on online and mobile banking as well as ATM withdrawals, more and more people choose e-wallet apps for comfort and freedom.
23-05-2018 16:00
When financial transactions grow rapidly in size and variation, banks are required to work together and invest more in advanced technologies to combat money laundering.
22-05-2018 09:06
HCM City is enacting policies to aid businesses in the supporting industry by encouraging investment, networking between firms and banks, and creating special zones.
16-05-2018 17:42
Medium-sized banks are working on massive capital increase plans to boost their financial capacity, striving to reach Basel II standards.
16-05-2018 16:54
Many banks have decided to increase banking service fees in early May. Economists suppose that the widespread use of ATM cards is the main cause behind the increases.
16-05-2018 14:00
As the Asia-Pacific is going ahead in the transformation from cash to digital payments, payment security has risen as a key focus for payment providers, banks, governments and consumers, according to Visa.
15-05-2018 21:37
Banking giants HSBC and ING on Monday said they had carried out a landmark blockchain transaction aimed at speeding up payment processes and making them more secure.
15-05-2018 10:24
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) have issued official warnings to customers over online phishing scams.
12-05-2018 11:18
After a quiet period, M&As have once again become a hot topic of discussion at banks’ annual shareholders’ meetings. Several big deals are expected to be completed this year.
12-05-2018 09:06
The United Nations joined the World Bank and four regional development banks on Friday (May 11) to launch a plan to boost funding for education by US$10 billion as new data shows a growing gap over access to schools.
07-05-2018 12:33
Payments for e-commerce transactions must be made via banks or authorised payment intermediary services, according to the draft of the amended Law on Tax Management.
05-05-2018 11:13
Many commercial banks in the country have increased loan interest rates by 1-2 per cent to investors in real estate as property prices continue to rise.
23-04-2018 14:46
The 2018 annual general shareholders’ meeting of Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) was concluded successfully with a shareholder turnout of 85.6 per cent. All submissions of the board of directors were passed with high approval rates.
23-04-2018 11:01
Bank stocks are expected to lead growth in the stock exchanges this week as investors could be inspired to press the “buy” button by supportive news arriving from the banks’ annual shareholder meetings and first-quarter earnings reports.