Local banks pushed to cash in during 2008
Domestic banks are being pushed to pump up capital levels or merge with each other in order to increase chartered capital and take advantage of a booming financial market in 2008.
28/12/2006
ADB helps rail lines project in HCM City
A US $1.7 million technical assistance (TA) grant from the Asian Development Bank is helping to prepare a project that will develop two urban mass rapid transit (MRT) rail lines in Ho Chi Minh City, Vietnam. The non-refundable grant is from ADB's...
30/11/2006
ABN Amro Deposits $4.5 Million in Vietnam Dispute (Update1)
ABN Amro Holding NV, the largest Dutch bank, has deposited more than $4.5 million with the Vietnamese police to be held until a currency-trading dispute with a state-owned lender is settled, a police official said.
30/11/2006
ABN AMRO pays Vietnam bank in currency case
Dutch bank ABN AMRO has paid $4.5 million to a state-run Vietnamese bank as part of a settlement in a foreign exchange trading dispute, state-run newspapers reported on Saturday.
30/11/2006
Vietnam International Bank moves towards listing
Vietnam International Bank, the country's 10th-largest bank by assets, has won central bank approval to apply to list on the Hanoi over-the-counter stock market, the central bank said.
30/11/2006
Vietnam's foreign reserves rise to $12 bln
Vietnam's foreign currency reserves are now $12 billion, enough to cover 13 weeks of imports, up from eight weeks in 2000, a state-run newspaper quoted a central bank report on Wednesday as saying.
30/11/2006
Banks in the post-WTO era
According to the State Bank of Vietnam, the country financial institutions undertake the process of banking integration from a lower base than many other countries in the region in terms of financial capacity, technologies, management.
14/11/2006
Banking sector facing a big challenge pre-WTO: Human resources
World Trade Organization (WTO) accession will bring Vietnam either advantages or difficulties in such sensitive economic sectors as banking and finance. Huynh Buu Quang, Head of Commercial Banking of HSBC in Vietnam shared his opinions about one of...
11/09/2006
