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Banks continue to cut deposit interest rates

Banks continue to cut deposit interest rates

With the Covid-19 pandemic acting as a drag on credit growth, banks are continuing to cut deposit interest rates.
SeABank registers to list on HoSE

SeABank registers to list on HoSE

SeABank has registered to list its shares on Vietnam’s main bourse Ho Chi Minh City Stock Exchange (HoSE) following recent similar moves by local lenders.
November 28, 2020 | 04:46 pm GMT+7
VOF invests $46.3 mln in ACB stock

VOF invests $46.3 mln in ACB stock

VinaCapital Vietnam Opportunity Fund has poured $46.3 million into acquiring shares of the Asia Commercial Bank (ACB), which has seen a surge in profits.
November 24, 2020 | 05:10 pm GMT+7
Banks maintain profit growth but bad debts rise

Banks maintain profit growth but bad debts rise

Most banks reported profit growth in the first nine months, but bad debts posted a double-digit rise due to the impacts of the Covid-19 pandemic.
October 26, 2020 | 12:27 pm GMT+7
Boom or bust: Saigon bank robber threatens staff with ‘bomb’

Boom or bust: Saigon bank robber threatens staff with ‘bomb’

A woman took over VND2 billion ($86,485) from a bank in Tan Phu District in HCMC on Saturday, threatening employees with what she claimed was a bomb.
October 10, 2020 | 07:30 pm GMT+7
Insurance firms step up recruitment to push bancassurance sales

Insurance firms step up recruitment to push bancassurance sales

Insurance companies are hiring more staff to boost sales to bank customers as lenders seek to increase revenue from non-traditional banking services.
September 03, 2020 | 09:00 pm GMT+7
Bulgarian jailed for stealing bank account data

Bulgarian jailed for stealing bank account data

A Bulgarian man was sentenced to seven months and 15 days in jail on Wednesday for stealing and storing bank account information in HCMC.
June 11, 2020 | 02:20 pm GMT+7
Two million account details from major Vietnamese bank leaked online

Two million account details from major Vietnamese bank leaked online

Hackers leaked personal information on two million accounts with Vietnam Maritime Commercial Joint Stock Bank (MSB) on the Internet Thursday.
November 22, 2019 | 07:23 pm GMT+7
Central bank lowers ceiling on short-term interest rates

Central bank lowers ceiling on short-term interest rates

The State Bank of Vietnam (SBV) has lowered the interest rate cap on 6-month dong deposits from 5.5 percent to 5 percent, effective Tuesday.
November 19, 2019 | 06:00 pm GMT+7
Bourse records steepest session decline in 3 months

Bourse records steepest session decline in 3 months

Vietnam’s benchmark VN-Index closed at 1,002.91 points Monday, down 7.12 points or 0.7 percent, the steepest drop since August 26.
November 18, 2019 | 07:05 pm GMT+7
VN-Index hits six-month peak, nears 1000 pts

VN-Index hits six-month peak, nears 1000 pts

Vietnam’s benchmark VN-Index closed at 999.59 points at the end of Tuesday’s session, its highest point since March 20.
October 01, 2019 | 08:16 pm GMT+7
Three Chinese held in Vietnam for ATM thefts

Three Chinese held in Vietnam for ATM thefts

Police in the central province of Nghe An arrested three Chinese nationals Monday for allegedly stealing money from ATMs by skimming and faking cards.
September 17, 2019 | 01:25 pm GMT+7
Real estate bonds attract lowest investor interest

Real estate bonds attract lowest investor interest

Seven percent of real estate bonds issued in the first eight months of the year were bought, the lowest ratio among all sectors.
September 09, 2019 | 01:00 pm GMT+7
Stock brokerages buy bank bonds to sell to other banks

Stock brokerages buy bank bonds to sell to other banks

Securities companies buy 40 percent of bank bonds on the primary market on behalf of other banks seeking to avoid regulatory hassles.
September 05, 2019 | 09:49 am GMT+7
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