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Vietnamese have reached the top at some foreign-owned banks but overall there remains a shortage of skilled staff in the banking and finance sector.

 

Medium-sized banks boosting capital to enhance financial strength

Medium-sized banks boosting capital to enhance financial strength, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Medium-sized banks are working on massive capital increase plans to boost their financial capacity, striving to reach Basel II standards.

   

Banks raise fees over 55 million trash ATM cards

Banks raise fees over 55 million trash ATM cards, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Many banks have decided to increase banking service fees in early May. Economists suppose that the widespread use of ATM cards is the main cause behind the increases.

   

Banks warn customers over online scamming

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) have issued official warnings [ … ]

   

Money withdrawal fees at ATMs to quadruple

The National Payment Corporation of Việt Nam (NAPAS) has proposed to increase the fee for money withdrawal from its ATM network by four times for each transaction from August 1.

   

Banks eye consumer finance

Several banks are keen to establish consumer finance arms to grab a bigger share of a market that is expected to reach VNĐ1,000 trillion (US$4.38 billion) by 2020 and grow at 29 per cent ann [ … ]

   

Unregistered POS payments cause tax losses

Using unregistered point-of-sale (POS) machines to transfer payment may result in tax losses for the local authorities, according to specialists.

   

VN Central Bank tells banks to stop ATM fee hikes

VN Central Bank tells banks to stop ATM fee hikes, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

The State Bank of Vietnam (SBV), or the central bank, has told commercial banks to stop hiking ATM cash withdrawal fees as multiple banks have been rushing to revise up ATM card and Internet [ … ]

   

Clients fret over ATM and Internet banking fee hike

Clients fret over ATM and Internet banking fee hike, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Customers of two local banks, Eximbank and Agribank, have said they are shocked to learn of higher transaction fees for ATM and Internet banking services, Nguoi Lao Dong newspaper reports.

[ … ]
   

Vietnam's Jan-April credit expands 5%

Vietnam's Jan-April credit expands 5%, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Credit grew 5% in the first four months of the year, Pham Thanh Ha, director general of the Monetary Policy Department of the State Bank of Vietnam, told a banking forum in Hanoi on May 8.

[ … ]
   

Banks warn customers about fake websites

Major banks are warning people not to be fooled by fake websites designed to steal account holders’ cash.

   

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