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Vietnam’s economic growth to expand 6.9 pct in 2016-2017: UN report
Vietnam’s economic growth is expected to grow 6.8 percent - 6.9 percent in 2016 and 2017 mainly on the back of continued consumer demand, said the United Nations on Thursday in its latest report for the Asia-Pacific region.
New technologies could lift Vietnamese banks' profits by 15-17 pct
Technological innovations are shaping developments in the banking sector. Banks, in order to maintain growth and expand their customer bases, have no choice but to quickly adopt and implement technologies across their operations.
ADB pledges $20 mln guarantee to back trade finance in Vietnam
The Asian Development Bank (ADB) has confirmed a guarantee of $20 million a year to support trade in Vietnam through the Orient Commercial Joint Stock Bank (OCB), the bank said in a statement released on Wednesday.
June 16, 2016 | 12:42 am PT
Indonesia, South Korea central bank websites hit by cyber attacks
The central banks of Indonesia and South Korea have been hit by cyber attacks on their public websites since activist hacking group Anonymous pledged last month to target banks across the world, senior officials in the two countries told Reuters.
June 20, 2016 | 11:51 pm PT
Hanoi-based bank chairman gives priority to hiring family members
In Vietnam, it is not unusual to see family members working in the same company. Recruitment through personal networks is a deep-rooted but unwritten tradition in the country, and people accept it but never talk about it.
June 27, 2016 | 01:04 am PT
Vietnam banks see 2016 credit growth up 20 percent on year
Vietnamese banks are lending more: Is it good news to the economy?
July 6, 2016 | 08:44 pm PT
Singapore adds to US pressure on Malaysian fund 1MDB
Singapore had seized nearly $180 million, raising the pressure a day after Washington moved to grab more than $1 billion in assets over "enormous" fraud.
July 21, 2016 | 01:52 am PT
Vietnam convicts 36 bankers for graft
Total 213 years in jail were given to 36 former bank employees.
September 9, 2016 | 05:12 pm PT
Saigon restaurant accused of charging Australian $30,000 for dinner
The downtown restaurant vanished soon after the man realized what had happened.
October 9, 2016 | 04:22 am PT
Vietnam arrests 7 bankers for $21 million graft
Under their management the bank approved two loans that caused a loss of $21 million.
January 11, 2017 | 01:43 am PT
ATM test-run stuns Hanoi bank client
The client received a blue strip of paper in lieu of an actual bank note.
March 1, 2017 | 07:24 pm PT
Singapore's UOB gets nod to open wholly owned bank in Vietnam
The bank is set to become the ninth fully foreign-owned bank in the country.
March 22, 2017 | 11:02 pm PT
Vietnamese bank seeks police help after $400,000 deposit goes AWOL
The banker responsible for the transaction quit last September and is reportedly out of contact.
March 27, 2017 | 07:18 pm PT
Most banks in Vietnam expect profits up, bad debts stable this year
Bad debt in Q2 and in the whole of this year would stay unchanged or dip slightly from Q1.
April 2, 2017 | 11:34 pm PT
Masked man robs Vietnamese bank, takes away nearly $90,000
The bank’s employees surrendered the cash at gunpoint.
April 26, 2017 | 06:12 pm PT
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