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PM tells banks to keep system stable amid turbulence

PM tells banks to keep system stable amid turbulence

Prime Minister Pham Minh Chinh says banks should be vigilant about both opportunities and challenges arising from domestic and global economic turbulence towards keeping the banking system safe and stable.

Vietnam's central bank puts SCB under special control

Vietnam's central bank puts SCB under special control

The State Bank of Vietnam has decided to put Saigon Joint Stock Commercial Bank (SCB) under special control to ensure normal operations and liquidity.

Former banker arrested amid corruption crackdown

Former banker arrested amid corruption crackdown

Police arrested a former executive of BIDV, a bank that has come under scrutiny amid national anti-graft campaign, in HCMC Tuesday.

January 9, 2019 | 09:11 pm PT

Four years on, Ocean Group unable to recover from chairman’s imprisonment

Four years on, Ocean Group unable to recover from chairman’s imprisonment

Ocean Group has suffered accumulated losses of $124 million since chairman Ha Van Tham was jailed in 2014 in one of Vietnam’s biggest trials.

November 5, 2018 | 11:30 pm PT

Vietnam guarantees business as usual for Dong A Bank as former CEO's prosecution looms

Vietnam guarantees business as usual for Dong A Bank as former CEO's prosecution looms

Vietnam's central bank has guaranteed the bank’s future in the wake of Tran Phuong Binh's downfall.

April 4, 2018 | 08:20 pm PT

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