Update February, 22 2012 17:18:08
February, 21 2012 09:41:43
The Hong Kong and Shanghai Banking Corporation (HSBC) has ranked Viet Nam seventh out of 10 countries seen as having the best prospects for long-term growth.
February, 21 2012 12:23:27
EVN to sell 5.3 per cent stake in ABBank to HDBank
Electricity of Viet Nam (EVN) today said it will sell 5.3 per cent of its stake holdings at An Binh Commercial Joint Stock Bank (ABBank) to HDBank as a part of a restructuring plan to focus on its core business.
February, 15 2012 11:24:07
State Bank allocates credit growth rates
The State Bank of Viet Nam (SBV) officially announced yesterday the rates of credit growth allocated for commercial banks this year.
February, 14 2012 11:04:48
State Bank allocates credit growth rates to banks
The State Bank of Viet Nam (SBV) officially announced on Monday the rates of credit growth allocated for commercial banks this year.
February, 14 2012 10:54:11
State bank ponders rate cut
The central bank plans to lower interest rates this year, but is unsure about the best time to do it. The Government recently issued a resolution requiring the central bank to lower interest rates at a proper time in order to meet society's needs.
February, 13 2012 10:12:21
More banks to face losses this year if interest rates stay high
Many banks could report losses this year if interest rates are not cut as expected to help them collect and settle bad debts, independent observers say.
February, 11 2012 11:26:15
Banks flirt with low interest rates
Vietcombank announced on Thursday a reduction of up to 2 per cent in interest rates on loans made in Vietnamese dong, depending on terms.
February, 11 2012 11:15:43
Vietinbank opens branch in Laos
The Viet Nam Jointstock Commercial Bank for Industry and Trade (Vietinbank) opened a branch in Vientiane on Wednesday.
February, 10 2012 10:23:51
Banks to address liquidity issues
The Government asked the State Bank of Viet Nam on Wednesday to address liquidity issues in the domestic banking system by the end of March this year, alongside lowering interest rates.
February, 10 2012 10:01:39
Viet Nam seeks further assistance from ADB
Prime Minister Nguyen Tan Dung has affirmed that Viet Nam wishes to develop the relationship with the Asian Development Bank (ADB) in a range of areas in the future.
February, 09 2012 12:12:11
Vietinbank opens branch in Laos
The Viet Nam Jointstock Commercial bank for Industry and Trade (Vietinbank) opened a branch in Vientiane yesterday.