17-06-2018 11:27
After more than two years in operation, VIDIFI JSC is facing difficulties as total revenue cannot cover its interest payments.
12-06-2018 23:37
Numerous banks have been raising charter capital to lure in investment and improve their reserves. However, some of them have raised it from retained earnings, and ownership limits and hassles during negotiation have made local banks less attractive.
08-06-2018 12:33
Leading real estate developer SonKim Land Corporation, Quoc Loc Phat JSC (Quoc Loc Phat), and Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) have signed a strategic cooperation agreement and officially kicked off The Metropole Thu Thiem project in Thu Thiem New Urban Area (District 2, Ho Chi Minh City).
05-06-2018 21:11
Vietcombank will stop providing the VCB-iB@nking service on old browsers and operating systems (OS) from June 30.
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.
05-04-2018 11:33
Treading in Vietcombank’s footsteps, banks are stepping up efforts to buy back bad debts from state-owned Vietnam Asset Management Company to cushion the bad debt threat.
28-03-2018 16:54
The former director of the Tay Do branch of Vietcombank in Can Tho, Nguyen Minh Chuyen, has been prosecuted for swindling VND1.44 trillion ($64 million) from the bank.
26-03-2018 19:03
Some commercial banks appreciated the US dollar after last week’s interest rate hike by the US Federal Reserve (Fed). Experts, however, have said the exchange rate between the US dollar and Vietnamese đồng is likely to remain relatively stable throughout the year.
20-03-2018 11:47
After the government green-lighted Vietcombank to sell the state-owned stake to foreign investors, the bank is expected to sell a total of 10 per cent, commensurate with over 350 million shares, in a separate issuance and/or through public auction to a limited number of foreign investors.
19-03-2018 23:02
Recently, Vietcombank adjusted its banking service charges for the second time, effectively from April 15, after the first alteration of the service charge on March 1, raising controversy among the bank’s long-term clients.
19-03-2018 09:49
In an effort to reduce its cross-ownership at local banks, Vietcombank is on route to auction over 6.6 million shares of Orient Commercial Bank (OCB) on April 17, at the starting price of VND13,000 ($0.59) per share.
06-03-2018 17:25
In early March, Vietcombank officially announced adjusting its service fee, especially fees for online bank transactions.
03-03-2018 18:12
Despite the high devaluation of the Vietnamese dong against the US dollar after Tet (Lunar New Year) holidays, experts believe the exchange rate will remain stable this year.
03-03-2018 16:19
Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDR) of Vietnam’s Military Bank (MB) to ‘Stable Outlook,’ while affirming the IDR of Vietcombank, Vietinbank, and Agribank at 'B+' with a Positive Outlook.
27-02-2018 22:48
Vietcombank’s recent move to put 7.6 million shares of Vietnam Airlines on sale is lauded as a shrewed decision.