18-05-2015 09:45
Speaking to a room full of representatives of financial institutions from across the Asia and Pacific region, Deputy Prime Minister Vu Van Ninh stressed how infrastructure development was one of Viet Nam's three strategic breakthroughs in socio-economic development.
12-05-2015 15:08
Loan-loss provisions of local banks are expected to mount up in the upcoming months to reach the goal of driving the banking sector’s bad debt rate to below 3 per cent by the end of year.
11-05-2015 17:00
GE’s Digital Energy, part of US-based energy giant General Electric, today announced it successfully upgraded and energised 14 of the 18 series capacitor banks at the Da Nang–Ha Tinh, Phu Lam–Pleiku and, most recently, the Nho Quan–Ha Tinh transmission lines.
10-05-2015 16:00
It proves a challenging task for banks to further relax lending rates amid the slowing growth in bank deposits and the central bank’s recent adjustment of the exchange rate.
08-05-2015 08:51
Three Vietnamese banks have made their way into this year's Global 2000, a list of the world's largest and most powerful companies selected by US business magazine Forbes.
07-05-2015 08:57
The greenback rates in most of the local commercial banks on May 6 touched the ceiling price of VND21,673 per dollar set by the central bank in January.
29-04-2015 13:36
The Government asked the State Bank of Viet Nam (SBV) and other government agencies to come up with changes to current regulations to promote foreign ownership in Vietnamese commercial banks, said Nguyen Van Nen, Chief of the Government Office at a meeting last Saturday.
23-04-2015 10:00
Ha Noi-based banks have achieved half the year's credit growth target of 13-15 per cent within the first four months of 2015.
15-04-2015 09:58
Foreign banks, especially those from Asia, have been strengthening their investment in Vietnam in recent years.
09-04-2015 09:50
The Asia Commercial Bank (ACB) will be the latest bank to join the wave of mergers among commercial banks and finance companies that is expected to become a major trend this year.
04-04-2015 11:18
Greenback rates kept soaring at domestic commercial banks on April 3, and the gap to the ceiling price set by the State Bank of Viet Nam (SBV) narrowed.
02-04-2015 16:24
Banks plan to speed up the sale of non-performing loans (NPLs) to the Viet Nam Asset Management Company (VAMC) to meet the central bank's deadlines, Voice of Viet Nam reported.
31-03-2015 15:04
The Asian Development Bank (ADB) today announced to award the ‘Leading SME Trade Bank” prize to Vietnam International Bank, one of Vietnam’s leading commercial joint stock banks.
25-03-2015 17:06
The State Bank of Vietnam (SBV) has given the green light to a merger between two unlisted joint-stock commercial banks, Maritime Bank and Mekong Development Bank, according to a joint statement released by the two on Monday.
25-03-2015 16:23
The State Audit Office of Vietnam (SAV) has states its plans to audit four banks and five securities companies this year during a press conference on the State Audit Plan 2015, held on March 20.