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Eximbank ordered to reimburse additional $5 mln to customer

A court in Saigon has ordered Eximbank to pay a customer the interest she would have earned on her deposits stolen by an employee.

Vietnam banks go on enormous hiring drive

Banks are launching major recruitment campaigns, some advertising over 1,000 vacancies and offering monthly ...

Former ANZ employee to stand trial in $4 million fraud case

A former ANZ Bank employee will be tried for allegedly falsifying customers' signatures and misappropriating over VND91.3 billion ($4 million).
March 16, 2019 | 04:31 pm GMT+7

Banking, real estate sectors post high profits

Most sectors saw profits grow last year in Vietnam, led by banking, real estate and food & beverage.
March 04, 2019 | 05:15 pm GMT+7

Three banks report plunge in profits

While profit across the banking sector grew by an estimated 40 percent last year, VietinBank, LienVietPostBank and SaigonBank have reported steep declines. 
January 25, 2019 | 08:08 pm GMT+7

Vietnam wants urban residents to pay bills without cash

The Vietnamese government wants cashless transactions made viable for all household bill payments by the end of this year. 
January 03, 2019 | 05:57 pm GMT+7

22 Chinese caught making fake bank cards in southern Vietnam

Police in Vung Tau near Saigon have busted a gang of Chinese nationals for allegedly producing fake bank cards and gambling.
December 21, 2018 | 09:50 am GMT+7

Banks up deposit rates, businesses worry

Businesses are worried about rising lending rates as Vietnamese banks offer higher deposit rates. No pressure, says central bank.
November 20, 2018 | 04:22 pm GMT+7

Vietnamese banks sound alarm over cybercrime

Many banks in Vietnam have reported about customers losing information about their accounts to criminals through phishing attacks and other methods.
September 17, 2018 | 10:36 am GMT+7

Consumer goods, property most attractive sectors for acquisition in Vietnam

The most promising sectors for mergers and acquisitions in Vietnam are consumer goods and real estate, says a global advisory firm.
August 13, 2018 | 10:09 am GMT+7

Vietnam banks warn of scam calls and emails for credit card info

Several banks in Vietnam have warned customers about credit card info being stolen using scam emails or phone calls.
July 27, 2018 | 07:58 am GMT+7

Wall Street banking giant JP Morgan looks to expand in China

But Beijing said it would liberalise shareholding limits in the financial services industry last year.
May 11, 2018 | 01:45 pm GMT+7

China's financial watchdog begins inspections of banks' risky lending: sources

The move is amidst China's second year of a nationwide crackdown to reduce risks in the financial system.
April 26, 2018 | 09:03 am GMT+7

Vietnamese property tycoon faces further charges as banking graft case extends

Phan Van Anh Vu allegedly colluded with Dong A Bank's former CEO to appropriate $8.8 million from the bank.
April 19, 2018 | 10:39 am GMT+7

Fitch upgrades Vietnamese banks’ ratings thanks to positive outlook

The global rating agency has credited major banks for higher capital levels and asset quality improvement.
March 02, 2018 | 11:50 am GMT+7
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