sbv wants vietinbank vietcombank to become leading banks

SBV wants Vietinbank, Vietcombank to become leading banks

The State Bank of Viet Nam (SBV) wants Vietinbank and Vietcombank to become the leading banks of Viet Nam, and boost their scale at the regional level.
datc to buy 94m vinalines debt

DATC to buy $94m Vinalines debt

The Debt and Asset Trading Corporation (DATC) is negotiating with some banks to buy nearly VND2 trillion (US$94 million) of debt owned by the Viet Nam National Shipping Lines (Vinalines).
bank pessimism on profits for 2015

Bank pessimism on profits for 2015

While banks outdid each other in revealing their 2014 profit figures, they seem rather reserved in their 2015 profit outlook, Vneconomy newswire revealed.
dollar rates fall gold slips

Dollar rates fall, gold slips

Hanoi - The US dollar rates fell in the local commercial banks on January 23.
businesses expect further interest rate cuts in 2015

Businesses expect further interest rate cuts in 2015

Despite the interest rate reduction on bank loans during the past year, domestic producers expect commercial banks to further cut rates this year.
banks taking over financial firms shapes a growing trend

Banks taking over financial firms shapes a growing trend

Marriages between banks and financial firms are forecast to be vibrant this year, but industry experts assume such deals could bring banks both advantages and disadvantages.
sbv looks set to resolve weak banks in 2015

SBV looks set to resolve weak banks in 2015

In 2015, the State Bank (SBV) is going to restructure the banking system vigorously via mergers and acquisitions (M&As) between banks.
petrovietnam barred from investing in properties and banks

PetroVietnam barred from investing in properties and banks

Prime Minister Nguyen Tan Dung last week officially signed a decree forbidding the parent company Vietnam Oil and Gas Group (Petrovietnam) in using its capital to invest and acquire shares in real estate project, banks and insurance companies, according to Vneconomy newswire.
vietnam cbank to impose immediate fine on banks with out of cash atms

Vietnam cbank to impose immediate fine on banks with out-of-cash ATMs

The inspection and monitoring agency under the Ho Chi Minh City branch of the State Bank of Vietnam will inspect a number of automated teller machines (ATM) across the city and imposeimmediate fines on banks that operate problematic ATMs.
big banks report high profits

Big banks report high profits

Several major Vietnamese banks have officially reported impressive business results for the year 2014.
energy saving buildings offer banks new financial products

Energy-saving buildings offer banks new financial products

Nearly half of the world’s energy consumption is a result of cooling, heating and ventilating buildings, while construction work is responsible for more than half of the globe’s resources consumption. Addressing these significant levels of consumption is becoming increasingly urgent with greenhouse gas emissions expected to double by 2030, with emerging markets among key contributors to this increase.
dollar rates fall in most commercial banks

Dollar rates fall in most commercial banks

The US dollar rates fell in the local commercial banks yesterday, two days after the State Bank of Viet Nam weakened the Vietnamese dong by 1 per cent.  
dollar rises after sbv increases exchange rate

Dollar rises after SBV increases exchange rate

US dollar rates soared in commercial banks on Wednesday morning, after the State Bank of Viet Nam (SBV) announced a one-per cent increase in the inter-bank exchange rate on Tuesday.
foreign banks look local for ceos

Foreign banks look local for CEOs

While local banks may prefer a foreign CEO, some foreign banks are now eyeing Vietnamese CEOs.
vietnam beats economic growth target

Vietnam beats economic growth target

Vietnam’s economic growth accelerated in the last two quarters of 2014 as banks improved their credit growth and rising foreign investment boosted exports.