Vietcombank will sell all of its remaining 1.48 million Orient Commercial Bank (OCB) shares at an auction on September 6.

Vietcombank will become the first major State-owned bank to apply Basel II standards, two years earlier than the deadline set by the central bank.

The State Bank of Việt Nam has sought the Government’s permission to allow credit institutions more time to sell their stakes in other lenders since many smaller ones are struggling to do so.

Việt Nam has big potential in applying 4.0 technology to develop retail banks and payment utilities.

The Hà Nội Stock Exchange (HNX) will hold three auctions in May to sell shares of Sài Gòn Postel Corp, Việt Nam Apatite Phosphorus Joint Stock Company and Việt Nam Aviation Corporation.

After making an entry into the automobile manufacturing industry, Vingroup, the country’s leading property company, has set its sights on the US$5.3 billion pharmaceutical sector.

After years of receiving low dividend payout rate by banks, shareholders of many banks are now happy with the high rates announced at this year’s annual general meetings (AGMs) of shareholders.

Vietcombank sold out all 6.67 million shares of Orient Commercial Bank (OCB) at an auction yesterday.

Up to 777 investors have registered to buy shares of Orient Commercial Bank (OCB) at an auction due on April 17, according to Hà Nội Stock Exchange.

FiinPro Talk #6 “Vietnamese Banking Stocks: Investment Opportunities and Risks” will take place in HCM City on April 19.