Tag: "vietcombank"

Lazada to close the year with a bang

Lazada to close the year with a bang

On December 11-14, Lazada will hit the reset button for the annual sales season named “Online Revolution” following the previous successful mega sales dated on November 9-11 with 1.5 million products sold within three days.

Grab driving to break into e-payment sector

Grab driving to break into e-payment sector

After winning a significant foothold in the Vietnamese ride-hailing market, Grab plans to drive further growth by adding new services and branching out into the online payment sector.

Large banks move to change deposit interest rates

Large banks move to change deposit interest rates

In contrast to Vietcombank’s move to cut deposit interest rate a week ago, two other large State-owned commercial banks -- Vietinbank and BIDV -- this week announced they were raising the rate.

Vietcombank divests from two firms

Vietcombank divests from two firms

The Bank for Foreign Trade of Vietnam (Vietcombank) on November 20 was estimated to receive VND342.6 billion (US$15.2 million) from selling its entire stakes in the Saigon Bank for Industry and Trade (SaigonBank) and Vietnam Cement Finance Company (CFC).

Agribank, VAMC coordinate in settling bad debts

Agribank, VAMC coordinate in settling bad debts

The Vietnam Bank for Agriculture and Rural Development (Agribank) and the Vietnam Asset Management Company (VAMC) will work closely together to review bad debts and put forth proper measures to accelerate the settlement and recovery of bad debts.

Reference exchange rate down VND3

Reference exchange rate down VND3

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,467/USD on the morning of October 26, down by VND3 from the day ago.

Vietcombank appoints first foreign director

Vietcombank appoints first foreign director

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) on October 20 appointed Thomas William Tobin as Retail Banking Director, the bank’s first foreign senior executive.

Reference exchange rate down by VND3

Reference exchange rate down by VND3

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,459/USD on the morning of October 20, down by VND3 from a day ago.

Reference exchange rate goes up by 8VND

Reference exchange rate goes up by 8VND

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,460/USD on the morning of October 18, up by VND8 from the day ago.

Reference exchange rate up VND2

Reference exchange rate up VND2

The daily reference exchange rate for VND/USD was set at VND22,470 per USD on October 6, up VND2 from the previous day.

Reference exchange rate revised down

Reference exchange rate revised down

The State Bank of Vietnam adjusted the daily reference exchange rate for VND/USD to VND22,468 on October 5, down VND5 from the previous day.