Vietnam should enhance foreign investor participation to boost local bank brands: Harvard expert
Economy 11:21 07/05/2025The State Bank of Vietnam should increase the participation of foreign investors in local banks to enhance the brand value of banks in Vietnam, a Harvard expert proposed at a forum in Hanoi on Monday.
Vietnam to begin testing P2P lending from July 1
Economy 13:08 04/05/2025The Vietnamese government has approved a two-year trial of peer-to-peer (P2P) lending, starting from July 1.
Techcombank, Vietcombank win big at finance cybersecurity competition
Vietnam News 15:22 17/12/2020The competition involved a simulation of a cyberattack against major financial institutions
Vietnam’s forex reserves hit all-time high of $80bn
Economy 17:57 02/01/2020This is a record figure to date
S. Korean lenders can invest in Vietnam by buying weak banks: deputy PM
Economy 17:18 21/06/2019The Vietnamese government will not license the establishment of new foreign-invested banks until the end of 2020
Vietnam's BIDV plans to sell 15 pct stake to S. Korean bank
Economy 16:30 01/11/2018State ownership at BIDV will drop to less than 90 percent following the deal
Vietcombank appoints former HSBC Vietnam CEO as retail head
Economy 15:33 23/10/2017The appointment marks the first time a foreigner has held senior executive office in the bank’s 55-year history
HSBC boss defends Swiss account as bank profits slump
Economy 13:00 24/02/2015Chief executive Stuart Gulliver was forced to react to a report about his finances in The Guardian newspaper, which has led coverage in Britain of an international tax-dodging scandal at the bank's Swiss division
HSBC chief kept millions in Swiss account: report
Economy 09:00 23/02/2015It is the latest in a stream of so-called "Swissleaks" allegations that have hit the reputation of the British banking giant and caused a political storm ahead of a general election in May.
Foreign banks close branches to switch to new model
Economy 22:05 06/11/2014There many reasons for the closures including the fact that some banks have changed their operational model to operate as 100-percent foreign-owned banks in Vietnam
Vietnam’s 2th largest bank divests from Malaysian joint-venture to increase liquidity
Economy 20:00 18/07/2014The Bank for Investment and Development of Vietnam has sold a 50 percent stake it held in the joint venture VID Public Bank for about $77 million, according to a report of Ho Chi Minh Securities Corp
VN’s economy relatively resilient, but core problems persists: Fitch
Economy 17:30 30/09/2013Medium-term economic prospects and the sovereign's credit profile remain weighed down by the slow pace of asset restructuring in the banking sector and sluggish reforms of State-owned enterprises (SOEs)
