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US tightens financial sanctions on Russian banks, energy firms

The sanctions were first announced in 2014 after Russian military forces seized Ukraine's Crimea region.

Masked man robs bank, flees with over $8,800 in southern Vietnam

He threatened staff with a gun before escaping unopposed with the money.

VPBank gets all clear to offer 1.3bln shares on Saigon market debut

The bank’s market capitalization is expected to reach $2.5 billion following the offering.
August 10, 2017 | 05:44 pm GMT+7

Vietnamese banking tycoon arrested in $400 million graft case

Tram Be, a former Sacombank exec, is accused of breaking regulations in the biggest ever fraud case to rock the banking sector.
August 01, 2017 | 05:04 pm GMT+7

Singaporean bank gets go-ahead to open up in Vietnam

United Overseas Bank is the first Singaporean institute to be given a license to start up shop in Vietnam.
July 21, 2017 | 03:21 pm GMT+7

Vietnam cuts lending interest rate to spur economic growth

Cheaper loans and more oil are the government's answers to catching up with its ambitious growth target for this year.
July 10, 2017 | 11:38 am GMT+7

Police arrest bank robbery suspect in southern Vietnam

The masked robber escaped unopposed with over $100,000 after threatening bank employees with a gun.
May 07, 2017 | 11:10 am GMT+7

Masked man robs Vietnamese bank, takes away nearly $90,000

The bank’s employees surrendered the cash at gunpoint.
April 27, 2017 | 09:12 am GMT+7

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 03, 2017 | 02:34 pm GMT+7

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 28, 2017 | 10:18 am GMT+7

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 23, 2017 | 02:02 pm GMT+7

ATM test-run stuns Hanoi bank client

The client received a blue strip of paper in lieu of an actual bank note.
March 02, 2017 | 10:24 am GMT+7

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 | 04:43 pm GMT+7

Saigon restaurant accused of charging Australian $39,000 for dinner

The downtown restaurant vanished soon after the man realized what had happened.
October 09, 2016 | 07:22 pm GMT+7

Vietnam convicts 36 bankers for graft

Total 213 years in jail were given to 36 former bank employees.
September 10, 2016 | 08:12 am GMT+7