Tags: banking sector

SBV honours GIZ Vietnam leaders and managers

SBV honours GIZ Vietnam leaders and managers

The State Bank of Vietnam (SVB) has awarded a certificate of merit and commemorative medals to Deutsche Gesellschaftfür Internationale Zusammenarbeit (GIZ) GmbH Vietnam leaders and managers.

BIDV wins best retail bank award 2016

BIDV wins best retail bank award 2016

he Bank for Investment and Development of Vietnam (BIDV) has been the only bank to receive the Best Retail Bank title of the 2016 Vietnam Outstanding Banking Awards.

Vietnam's central bank to acquire 52% stake in PVcomBank

Vietnam's central bank to acquire 52% stake in PVcomBank

The State Bank of Vietnam has approved a plan to acquire a stake of 52% in state-controlled PVcombank as part of the ongoing restructuring process at the medium-sized lender, local media reported on June 22.

Privatisation to sustain Vietnam's deals blitz

Privatisation to sustain Vietnam's deals blitz

Foreign firms are set to capitalise on Vietnam's privatisation drive and buy into assets such as Vinamilk and Mobifone to gain exposure to its fast-growing economy this year, boosting M&A deals that already hit a record US$4 billion in 2015.

Citibank seeks go-ahead to boost Vietnam presence

Citibank seeks go-ahead to boost Vietnam presence

Citibank NA, a unit of Citigroup Inc (C.N), said it will get the go-ahead soon from Vietnam's central bank to set up a subsidiary in the country, which would make it the seventh wholly foreign-owned lender to operate in Vietnam.

BIDV increases charter capital after MHB merger

BIDV increases charter capital after MHB merger

The bank for Development and Investment of Vietnam (BIDV) officially announced a 12% rise in its registered capital from VND28.11 trillion (US$1.30 billion) to VND31.48 trillion (US$1.44 billion).

WB expert’s assessment of Vietnam’s economic performance

WB expert’s assessment of Vietnam’s economic performance

The World Bank (WB) chief economist in Vietnam, Sandeep Mahajan, has shared his views on the country’s socioeconomic performance in the first months of 2015 after the Government presented a socio-economic report to the Legislature’s ongoing working session.

M&A in banking sector aims for better risk control

M&A in banking sector aims for better risk control

Mergers and acquisitions (M&A) in the banking sector in 2014 are not as common as in previous years when most of the M&A cases involved smaller banks merging into larger banks. This year a number of leading banks merged to create greater strength.

Malaysian tycoons bent on cornering Vietnam market

Malaysian tycoons bent on cornering Vietnam market

(VOV) - Many Malaysian giants are pouring billions of US dollars into Vietnam’s profitable investment areas such as banking, retail and securities, hoping to take the lion’s share of the market.

PM: banking sector must act strongly on restructuring

Prime Minister Nguyen Tan Dung pressed for more drastic actions to restructure the credit organisations’ system for the 2011-15 period as scheduled when he addressed a conference held by the State Bank of Vietnam (SBV) to launch its 2014 tasks in Hanoi on December 18.

Vietnam expects 12-14% credit growth in 2014

The State Bank of Vietnam (SBV) said it will promptly solve policy and mechanism-related problems to facilitate credit expansion and ensure the sector’s health safety in the coming time.