Trang Chủ
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Ha Noi to build financial, banking centre
Hanoi has decided to build a financial and banking center for an investment capital amount of between 300 and 500 million USD early next year.
11/09/2006
Moody gives Techcombank Ba1 credit rating
The Bank for Technology and Commerce (Techcombank) has earned a Ba1 credit rating for its VND deposit service by the US-based Moody Investor Services.
11/09/2006
Banks asked to raise more capital or close
The State Bank of Vietnam (SBV) has approved a plan that will revoke rural joint stock banks' charters if they continue to have poor performances or do not raise their existing capital.
11/09/2006
Home agency to provide business credit rating
The State Bank of Vietnam (SBV) has just allowed the Credit Information Center (CIC) to provide credit rating service to businesses. It is the first agency in Vietnam to do this job. Mr. Dao Quang Thong, Deputy Director of the center, discussed with Thoi Bao Kinh te Viet Nam.
27/07/2006
Joint-stock banks show profit in 2006
The nation commercial joint-stock banks announced profitable half-year earnings for 2006, demonstrating progress made in enhancing competitiveness by restructuring debt, improving management and applying modern technology.
20/07/2006
State Bank worries over rising deposit rates
The governor of the State Bank of Viet Nam recently asked commercial banks in HCM City to subdue overheated competition by offering increased rates on deposit accounts.
20/07/2006
Three categories of banks hamper competitiveness
Vietnam's fledgling banking industry could continue to nurture unfair competition despite the country's imminent WTO accession, insiders warn. And the unfairness will be difficult to identify.
07/07/2006
Banks concerned over US rates
Vietnamese commercial banks are expressing concern about rising US dollar interest rates on the domestic market in light of the US Federal Reserve decision to increase its interest rate by 25 basis points to 5.25 per cent on June 30.
07/07/2006
