Despite the current increasing foreign investment inflows, merged and acquired banks will consider selling stakes to foreign investors after completing the restructuring to up the attractiveness of sales, bank officials said.
Some commercial banks have continued to reduce the interest rate for short-term deposits by 0.1 to 0.3 percentage points in the past week thanks to good liquidity.
Vietnamese shares slipped on Thursday as foreign investors struck a large net sell value after the US central bank raised interest rates and signaled more hikes to come this year.
Vietnamese shares almost fell to the defensive side on Monday as selling pressure rose in the final minutes of the session and pushed stocks down following recent rallies.
Members of the People’s Committee of Thủ Đức District and bank officials on May 31 discussed ways to connect businesses with banks in the area.
Recently, Samsung has announced three brand new features on Samsung Pay: availability of the service on Gear S3, ATM cash withdrawals, and a Loyalty Card.
Cross-ownership in banks has decreased sharply after the banks recently changed their top leaders at the 2018 annual general meetings of shareholders (AGMs) to meet the central bank’s new regulation.
Vietnamese stock markets is forecast to stay on a down-ward trend in the coming week due to caution philosophy among investors and accelerated selling pressure from foreigners, analysts said.
Sacombank has launched a promotion called "Apply for credit card online - Instantly receive cool gifts" targeting individual customers applying for international credit cards.
MSCI, a global leading provider of research-based indexes and analytics, has eyes for Vietnamese shares when it added five local shares to its MSCI Frontier Markets Small Cap Index.