Trang Chủ
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Bank customers should beware of promotions
Switching banks because of new commercial bank promotional incentives could be a mistake, warned Vu Viet Ngoan, general director of the Bank for Foreign Trade of Viet Nam (Vietcombank).
30/06/2006
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Commercial banks told to tackle bad debts
The Prime Minister has urged the State Bank of Vietnam (SBV) to submit a master plan for increasing financial capacity, particularly in addressing non-performing debts, at commercial banks.
30/06/2006
Central bank predicts WTO impetus
The conclusion of Vietnam-US negotiations on market access has paved the way for Vietnam to join the World Trade Organization (WTO) later this year and give impetus to the national banking sector, said the governor of the State Bank of Vietnam, Le Duc Thuy.
30/06/2006
Vietnam Money-Dong rates edge up, central bank drains funds
Vietnamese interbank rates for dong loans edged up slightly this week due to demand from part-private banks and some draining of liquidity by the central bank, bankers said on Monday.
30/06/2006
SBV to trial debt-transfer policy
The State Bank of Vietnam (SBV) recently announced it would allow financial lending companies to sell their accounts receivable on a four-month trial period, a move it said would provide an additional source of capital for financial institutions.
05/05/2006
Vietnam to permit foreign banks to provide full services
Vietnam has approved a new law that allows foreign-invested banks to offer full services, in preparation for the country's membership in the World Trade Organization, the Dow Jones Newswires reported Friday (March 24).
28/03/2006
Singaporean bank to buy 10% of Vietnam's VP Bank
Oversea-Chinese Banking Corp. (OCBC) said on March 21 it will buy a 10 percent stake in Vietnam Joint-Stock Commercial Bank for Private Enterprises, or VP Bank, for around US$15.7 million.
22/03/2006
ING Signs Corporate Finance Agreement With Vietcombank
In the latest investment move in Vietnam, ING Wholesale Banking signed an MOU with Vietcombank Securities to help promote investment banking, the Finance Asia reported.
22/03/2006
