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Remittances to HCMC steady

Despite the strengthening of the dollar against other global currencies, remittances to HCM City have continued to increase.

 

Detailed guidance needed to tackle bad debt: experts

Settling non-performing loans (NPLs) has been easier since the application of Nation Assembly’s Resolution 42 a year ago, but detailed guidance is still needed to make the use of t [ … ]

   

State-owned banks suffer equity erosion

According to statistics from the State Bank of Việt Nam (SBV), as of May, State-owned banks’ combined equity was VNĐ252.472 trillion (US$10.83 billion), down 0.86 per cent.

   

OCB succeeds in share issue to raise capital

Orient Commercial Bank (OCB) has successfully issued shares worth more than VNĐ900 billion (US$38.29 million) to increase charter capital.

   

Bank tickers anticipated upbeat momentum ahead

Bank tickers anticipated upbeat momentum ahead, 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

Despite some corrections in the first half, bank tickers are expected to lead the market in the second half, buoyed by dwindling provisioning and upbeat profit prospect.

   

VPBank warns of fraudulent websites

Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) has warned people not to be fooled by fraudsters sending messages via phone or Facebook with content related to money transferred fro [ … ]

   

Foreign currency lending to be abolished

Foreign currency lending to be abolished, 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 Government has set a target for reducing foreign currency mobilization and ending foreign currency lending to fight dollarization, news website Thanh Nien reported, citing the Government [ … ]

   

Bank tickers anticipated upbeat momentum ahead

Bank tickers anticipated upbeat momentum ahead, 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

Despite some corrections in the first half, bank tickers are expected to lead the market in the second half, buoyed by dwindling provisioning and upbeat profit prospect.

   

Techcombank, TPBank finalise capital hike plans

The State Bank of Việt Nam (SBV) has recently announced the revision of licensing certificates for TPBank and Techcombank after the two banks finalised their capital hike plans.

   

Moody’s upgrades ratings of 14 Vietnamese banks

Moody’s Investors Service on Tuesday upgraded the ratings of 14 Vietnamese banks, driven by its upgrade of Việt Nam’s sovereign rating to Ba3 from B1 late last week.

   

Overnight interest rate doubles to 4.42%

Interest rates on the inter-bank market have surged strongly in the past week despite the central bank’s net injection of VNĐ14.4 trillion (US$612.76 million).

   

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