Banks, fintech firms promote cashless payments during epidemic

To prevent the spread of coronavirus in Viêt Nam, customers are encouraged to adopt cashless payment methods.

2020 promises to be seminal year for banking sector

Large mergers and acquisitions deals, an explosion in digital banking and the listing of several banks’shares on the stock market are among the key events expected this year in the financial sector.

Vietnamese banks to seek capital in international markets Vietnamese banks are planning to raise capital in international bond markets as they face growing pressure to hike capital to satisfy Basel II standards by early next year.  

Deputy PM updates RoK investors on Việt Nam’s policies Deputy Prime Minister Vương Đình Huệ yesterday unveiled the advantages of investing in Việt Nam during a meeting with South Korean securities investors at the headquarters of the Korea Financial Investment Association (KOFIA) in Seoul.

Deputy PM updates RoK investors on Việt Nam’s policies

Deputy Prime Minister Vương Đình Huệ yesterday unveiled the advantages of investing in Việt Nam during a meeting with South Korean securities investors at the headquarters of the Korea Financial Investment Association (KOFIA) in Seoul.

Charges considered against former Vinashin executives

The Ministry of Public Security has proposed charges against four former executives of Vietnam Shipbuilding Industry Group (Vinashin) for abusing their positions and power to appropriate assets.

SBV to change reserve requirement policy

The State Bank of Việt Nam (SBV) is planning to change its policy on reserve requirement ratios for credit institutions and foreign banks' branches for the first time since 2011.

Appeals court upholds VNCB sentence

The HCM City People’s Supreme Court yesterday upheld a 30-year sentence handed down by a first-instance trial for Phạm Công Danh, the former chairman of the board of Việt Nam Construction Bank (VNCB), on charges of wrongdoing and violations of banking rules.

Former Vinashin General Director arrested

The Investigation Police Agency under the Ministry of Public Security launched legal proceedings against temporarily detained former General Director Trương Văn Tuyến and Deputy General Director Phạm Thanh Sơn of the Việt Nam Shipbuilding Industry Corporation (Vinashin) yesterday.

 

Phạm Công Danh sentenced to 30 years in prison

The HCM City People’s Court yesterday sentenced Phạm Công Danh, the former chairman of the board of Việt Nam Construction Bank (VNCB), to 20 years in prison for “deliberately violating State regulations on economic management, causing severe consequences” at VNCB.