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Former governor of State Bank assumes new Party position
Former State Bank Governor Nguyen Van Binh was appointed chair of the Central Committee’s Economic Commission on April 11.
Vietnamese banks under mounting pressure to adopt technological advancements
Commerical banks in Vietnam have managed to quicken their pace at which they are adopting technologies in recent years, but they remain far behind their global counterparts who are frantically racing to commercialise innovatives, such as data structure blockchains and many other fintech solutions.
Vietnam's banking sector remains at high risk: Moody's
Bad debts hold back the country's banking system.
September 1, 2016 | 07:32 am PT
Problem assets a challenge for Vietnam's banking system: Moody's
The remark came even as the credit research firm decided to upgrade ratings for seven commercial lenders.
October 22, 2016 | 12:56 am PT
Vietnam welcomes foreign investors for banking restructuring
The sector is preparing for the next phase of drastic changes, the central bank's governor has said.
November 11, 2016 | 06:51 pm PT
Vietnam’s banking sector looks stable for 2017 despite gloomy Southeast Asia outlook: Fitch
The country still needs to address a high ratio of non-performing loans and low profitability.
December 13, 2016 | 11:00 am PT
Vietnam's central bank terminates tycoon's managing role in Sacombank
The departure of the tycoon is part of the government's efforts to reshape the country's banking system.
February 24, 2017 | 08:19 pm PT
Vietnam bank tycoon, former executives face trial over $66 mln losses
The 20-day trial will hear one of the biggest corruption cases in Vietnam, with former bank executives among 48 defendants.
February 27, 2017 | 04:22 am PT
ANZ sells retail business in Vietnam to South Korea's Shinhan
The Australian bank said it will focus on its institutional banking, its biggest business in the region.
April 21, 2017 | 12:51 am PT
Thailand's Kasikornbank signs deal with Vietnam's state investment firm
The deal aims to help Thai enterprises explore investment opportunities in Vietnam.
April 26, 2017 | 08:00 pm PT
Vietnam finally considers allowing foreigners to put cash in banks
The idea is aimed at preventing speculation and keeping money in the country.
July 14, 2017 | 04:00 am PT
Asia stocks hit 9-1/2-year high, markets await BOJ, ECB meetings
Shares scaled near-decade peak on Thursday, bolstered by a surge in global stocks to a record high on strong U.S. corporate earnings.
July 19, 2017 | 05:45 pm PT
HSBC profits up in first half of 2017
The Asia-focused giant has been on a recovery drive over the past two years to streamline the business and slash costs, and has laid off tens of thousands of staff.
July 30, 2017 | 11:32 pm PT
Rumor of banker's arrest wipes $2bln off Vietnam stock market
The government has stepped in to quell investor fears, saying false rumors sparked the crash.
August 10, 2017 | 01:16 am PT
51 bankers, businessmen in the dock as Vietnam reopens massive bank fraud trial
The trial could go down as one of the biggest in Vietnam's history with prosecutors looking to turn the key on the $94 million case.
August 27, 2017 | 08:35 pm PT
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