VN set to embrace mobile banking
VN set to embrace mobile banking
Most banking transactions in Viet Nam, around 80 per cent, will be one through mobile devices in the next five years, says Le Thanh Tam, CEO of International Data Group (IDG) ASEAN.
TrustBank approved to rename
TrustBank approved to rename
Dai Tin Commercial Joint Stock Bank (TrustBank) on Thursday received approval from the State Bank of Viet Nam (SBV) to change its name to Viet Nam Construction Joint Stock Commercial Bank (Viet Nam Construction Bank).
Eximbank receives Asian awards
Eximbank receives Asian awards
The Asian Banker magazine has awarded its Best Managed Bank in Viet Nam title and Asian Banker Leadership Achievement Award to the Viet Nam Export Import Bank (Eximbank).
State Audit reports on SBV performance in 2011
State Audit reports on SBV performance in 2011
The State Bank of Viet Nam has adhered to the Government's instructions in 2011 to implementing a tight monetary policy, adjusting interest rates in line with market signals and keeping exchange rates stable.
PM approves decree to set up VAMC
PM approves decree to set up VAMC
Prime Minister Nguyen Tan Dung yesterday approved a plan to set up the Vietnam Asset Management Company (VAMC) and a decree on its organisational structure and activities.
Constipated credit flows stunt enterprises
Constipated credit flows stunt enterprises
Improving credit flows between banks and enterprises was important at a time when bad debts remained uncleared and businesses were struggling, a seminar in Ha Noi heard yesterday.
Moody's rating for VietinBank ‘stable'
Moody's rating for VietinBank ‘stable'
Moody's Investors Service yesterday affirmed the debt and deposit ratings of the Viet Nam Bank for Industry and Trade (VietinBank) as B2 in local currency and B3 in foreign currency. The outlook on the bank's ratings is stable.
VietinBanksells 20% stake to Bank of Tokyo
VietinBanksells 20% stake to Bank of Tokyo
Viet Nam Industry and Trade Joint Stock Bank (VietinBank) has finished selling nearly 20 per cent of its shares to Japan's Bank of Tokyo-Mitsubishi UFJ (BTMU).
Coffee to get preferential credit loans
Coffee to get preferential credit loans
The coffee industry would receive preferential credit loans of VND8-10 trillion (US$380.95-476.19 million) from now until 2016 to implement a programme to recultivate old coffee crops, said Governor of the State Bank of Viet Nam (SBV) Nguyen Van Binh.
Lending over 4 months up 2.1%
Lending over 4 months up 2.1%
The outstanding loans given by commercial banks have increased 2.11 per cent since December, according to the State Bank of Viet Nam (SBV).
Banking sector needs to embrace IT innovation
Banking sector needs to embrace IT innovation
IT was becoming more and more important to the financial security and operational efficiency of banking services, State Bank of Viet Nam (SBV) Governor Nguyen Van Binh said at a banking technology conference in Ha Noi yesterday.

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Hightlight

Disabled speaker inspires audience Disabled speaker inspires audience

More than 2,500 people attended a talk by Nick Vujicic, an inspirational speaker without arms and legs, at the White Palace Conference Centre in HCM City's Tan Binh District yesterday.

Crane accident leads to major power cut Crane accident leads to major power cut

A two-hour power failure caused by an incident on the 500kV north-south transmission line hindered road traffic in many southern provinces and HCM City yesterday afternoon.

Spread of hand-foot-mouth disease concerns hospitals Spread of hand-foot-mouth disease concerns hospitals

Hand-Foot-Mouth disease (HFMD) is now at its peak, having infected a total of 796 children in HCM City in April, an increase of 127 per cent against the same period last year.

US steel producers make dumping claim US steel producers make dumping claim

After welded steel pipes and steel wire garment hangers, now welded stainless pressure pipe from Viet Nam continue to face charges of dumping in the US.









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