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.

 

 

Trial resumes for former chair of VNCB board

The People’s Court in HCM City yesterday (July 24) resumed the trial of Phạm Công Danh, former chairman of the Việt Nam Construction Bank’s (VNCB) board of directors and former general director of the Thiên Thanh Group, and other defendants charged with “deliberately violating State regulations on economic management causing severe consequences” at VNCB.

Total assets of credit institutions reaches nearly $448 billion

The total assets held by Việt Nam’s credit institutions reached more than VNĐ10.3 quadrillion (US$447.8 billion) by the end of May, an increase of 3.27 per cent over the beginning of this year, the latest report from the State Bank of Việt Nam (SBV) showed.