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Banks aim to up capital ahead of new standards

Prosperous business performance and positive bank share price trends in the stock market are expected to help some commercial banks meet their capital increase deadline as required by the State Bank of Việt Nam (SBV).

 

Are bank card criminals flocking to Vietnam?

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, magnetic cards, chip cards, SBV

The State Bank (SBV) said the process of converting 70 million magnetic cards into chip cards needs to be accelerated to prevent Vietnam from becoming the favorite destination for card crime [ … ]

   

Credit growth reaches 5.8%

Credit growth in the first five months of this year reached 5.8 per cent, Deputy Prime Minister Vương Đình Huệ said.

   

Finance ministry to ease G-bond rules

The Ministry of Finance will streamline regulations on Government bonds (G-bonds) issuance and simplify procedures for granting transaction codes to attract foreign investments in the c [ … ]

   

Vietinbank to issue 400,000 bonds in 2018

Việt Nam Bank for Industry and Trade (VietinBank) plans to issue 400,000 bonds worth VNĐ10 million each to raise its capital by VNĐ4 trillion (US$174.7 million).

   

Local banks warn of online fraud

Local banks warn of online fraud, 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 local banks have repeatedly warned their customers about sophisticated hi-tech scams that could leave victims with little or no protection from their banks, Tien Phong newspaper reports [ … ]

   

Vietcombank gains GPI certification

Vietcombank has received SWIFT’s Global Payments Innovation Initiative (GPI) certificate, becoming the first bank in Việt Nam to gain the accolade.

   

Viecombank to stop internet banking on old systems

Commercial Bank for Foreign Trade of Vietnam (Vietcombank) will stop providing the VCB-iB@nking service on old browsers and operating systems (OS) from June 30.

   

Former BIDV chairman implicated in notorious banking fraud

Former BIDV chairman implicated in notorious banking fraud, 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 violations of BIDV and its former chairman Tran Bac Ha related to the notorious VNCB case are very serious.

   

Volatility returns to foreign exchange rates

On May 29 the State Bank of Việt Nam adjusted the đồng-US dollar exchange rate, weakening the Vietnamese currency by VNĐ9 to VNĐ22,605 per dollar, which represented the greenback’s bigg [ … ]

   

G-bonds sales slow down

Despite rising participation from investors in recent Government bond (G-bond) auctions, the G-bond market has slowed due to a widening gap in interest rate expectations between investors an [ … ]

   

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