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PetroVietnam subsidiaries told not to close OceanBank deposits

Several PetroVietnam subsidiaries are struggling to maintain cash flow after being told not to withdraw their deposits with the ailing OceanBank.

Vietnam's state bank tries to reassure clients in wake of multi-million fraud cases

One client lost nearly $11 mln after a renegade bank employee used forged documents and fled overseas.

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

Credit growth to reach five-year high in 2016: survey

Vietnam's annual credit growth is expected to quicken to 20.09 percent this year, the fastest pace in five years, said the Monetary Forecast and Statistics Department under the State Bank of Vietnam (SBV).
April 07, 2016 | 08:10 am GMT+7
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