Many banks operating in Vietnam have lacked official policies and systems to manage environmental and social risks of their customers, according to a recent survey.
Merger and Acquisition (M&A) deals in the banking sector are cheap at present, but if the risks are not effectively managed, they could become expensive because merged banks may remain weak.
Five leading French businesses, including Cassiopae, KMB Partners, M2M, Mootwin and SAB, will take part in the upcoming Banking Vietnam 2012 Conference & Exhibition.
Prime Minister Nguyen Tan Dung on December 17 attended a meeting on the banking sector's duties in 2012, which was attended by the sector's key leaders from across the country.
State President Nguyen Minh Triet has awarded two arms of the State Bank of Vietnam with the title “People’s Armed Forces Heroes” for their contributions during the past wars of resistance against American imperialists.