hn installs cycling machines to purify lake water

HN installs cycling machines to purify lake water

Four cycling machines attached to a water filtration system have been installed on the banks of Hoàng Cầu Lake in Hà Nội’s Đống Đa District to purify the lake water.
notorious chu lai soda closing might cost 90 million for bankers

Notorious Chu Lai Soda closing might cost $90 million for bankers

Banks, including state-owned Bank for Agriculture and Rural Development (Agribank), are worried that Chu Lai Soda Processing JSC (Chu Lai Soda) will default on its VND2 trillion ($88.1 million) debt as the soda processing factory has been forced to suspend its operations since August 2016 due to violations in discharge, according to newswire Baolaodong.
south korea bans its banks from dealing in bitcoin

South Korea bans its banks from dealing in Bitcoin

SEOUL:  South Korea on Wednesday (Dec 13) banned its financial institutions from dealing in virtual currencies such as Bitcoin, as the cryptocurrency soars in a bubble fuelled by retail speculators, many of them from the country.
investors turn against fossil fuels at paris climate summit

Investors turn against fossil fuels at Paris climate summit

Two years to the day since 195 nations sealed the Paris Agreement to avert worst-case climate change, banks and companies announced billions of dollars of intended divestments from coal, oil and natural gas at a finance-themed climate summit.
banks companies turn against coal as leaders seek cash for climate

Banks, companies turn against coal as leaders seek cash for climate

PARIS: Major banks and companies vowed on Tuesday (Dec 12) to accelerate the move away from Earth-warming fossil fuels as world leaders met in Paris seeking to unlock new cash for the global economy's shift to greener energy.
banks beset by long term accumulated losses

Banks beset by long-term accumulated losses

Numerous financial institutions such as Eximbank, Vietbank, CB Bank, Oceanbank, and GP Bank have failed in scraping away their million-dollar accumulated losses despite their ever-growing profitability over the past first three quarters of 2017, causing major concerns to shareholders.
dow ends at record again but tech sell off hits nasdaq

Dow ends at record again, but tech sell-off hits Nasdaq

NEW YORK: Strong gains by banks helped propel the Dow to a second straight record on Wednesday (Nov 29) following robust US growth data, but high-flying technology shares tumbled, denting the Nasdaq.
new cross holding rule to hit banks

New cross-holding rule to hit banks

A new law is set to ban bank owners in Vietnam from taking up senior positions at non-financial firms, a move aimed at overhauling the banking sector, which has been mired in cross-holding controversy.
42 banks to provide guarantees for home purchases

42 banks to provide guarantees for home purchases

The State Bank of Viet Nam (SBV) has released a list of 42 commercial banks, which are eligible to provide guarantees for future home purchases, according to Circular 13/2017.
15 vn banks listed among asia pacifics strongest

15 VN banks listed among Asia Pacific’s strongest

Fifteen Vietnamese banks have recently been named in The Asian Bankers’ AB500 ranking and survey of Asia Pacific’s strongest banks.
banks announce upcoming divestment plans

Banks announce upcoming divestment plans

Several banks announced they would auction the shares they are holding in companies, in the last two months of the year, on the Ha Noi Stock Exchange (HNX).
da nang to host asean banking council meeting

Đà Nẵng to host ASEAN Banking Council Meeting

The 47th ASEAN Banking Council Meeting, hosted by the Việt Nam Banks Association (VNBA), is scheduled to take place at Furama Resort in the central city of Đà Nẵng on November 23-24.
banks fail to meet businesswomens capital needs

Banks fail to meet businesswomen’s capital needs

A new study has found that only 37 per cent of women-owned SMEs Viet Nam have accessed bank loans in the last two years, compared to 47 per cent of male business owners.
domestic commercial banks accelerate foreign talks

Domestic commercial banks accelerate foreign talks

Aiming to reach the target to complete the selection the strategic investors before listing shares on the stock exchange, domestic banks are accelerating negotiations with foreign investors as well as propose the authorities to increase the foreign ownership limit (FOL) to lure in foreign investors.
banks offer high interest rates to mobilise deposits

Banks offer high interest rates to mobilise deposits

Many banks, especially small- and medium-sized ones, are offering high interest rates and promotion programmes to compete for the mobilisation of deposits.