Tag: banks
Central bank to raise credit limit, banks slash interest rates
The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14% limit on December 5.
Restructuring to boost M&A in banking industry
Weak banks that are restructuring will be the target of merger and acquisition (M&A) deals in the near future as the Government is strongly promoting the restructuring of the country’s finance and banking industry.
State President encourages RoK investment in Vietnam
VOV.VN - State President Nguyen Xuan Phuc called on leading corporations of the Republic of Korea, including Hyosung, Samsung Electrics and KDB, to increase investments in Vietnam for mutual benefits.
IFC plans to pour US$320 million into three Vietnamese banks
The International Finance Corporation (IFC), a member of the World Bank Group, has proposed a total investment of US$320 million in three Vietnamese banks, reported the Nikkei Asia.
Asian investors eye more M&A opportunities in Vietnam
Investors from Japan, the Republic of Korea (RoK), and Singapore are looking for more potential merger and acquisition (M&A) opportunities in Vietnam, pinning high hopes on the long-term growth prospects of the market.
Vietnam calls for international community’s support for Palestine
VOV.VN - The nation has called on the international community to support the cause of Palestine independence at the November 30 plenary session of the UN General Assembly (UN) to discuss and vote on four resolutions relating to the issue.
Int’l experts, organisations believe in Vietnam's sustainable growth potential
Experts, and representatives of international organisations, and investment funds have shown their belief in the potential for sustainable growth in Vietnam in the coming time.
State Auditor General pays courtesy calls to Lao leaders
A Vietnamese delegation led by State Auditor General Ngo Van Tuan paid courtesy calls to Lao Prime Minister Phankham Viphavanh and Permanent Vice President of the Lao National Assembly Sounthone Xayachak in Vientiane on November 25.
WB education projects prove effective in Vietnam
Many projects on education and training funded by the World Bank (WB) have reported good results, affirmed Minister of Education and Training Nguyen Kim Son during his recent working session with Cristian Aedo, Practice Manager for the Global Practice Education in South Asia at the WB.
Party official hosts leader of Germany’s Left Party
The Communist Party of Vietnam (CPV) attaches great importance to cooperation with ruling and political parties of countries, including the exchange of theories and policies, Politburo member and Director of the Ho Chi Minh National Academy of Politics Nguyen Xuan Thang has told Secretary General of the Left Party of Germany Tobias Bank.