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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 [ … ]

   

Reference exchange rate down VNĐ29

The State Bank of Việt Nam has set the daily reference exchange rate for June 1 at VNĐ22,566 per US dollar, down VNĐ29 from the previous day.

   

HDBank promotion offers deposit interest rate of 7.6%

HDBank has relaunched its Bach nien phat tai (100 years of prosperity) programme offering extra interest to several categories of depositors.

   

Banks raise fees, e-wallet to be preferred

Banks raise fees, e-wallet to be preferred, 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

While numerous banks raise service fees on online and mobile banking as well as ATM withdrawals, more and more people choose e-wallet apps for comfort and freedom.

   

Nearly all banks make a profit in first quarter

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, SBV, Q1 finance reports, bad debt

Most banks reported satisfactory profits for the first quarter of 2018, but their asset exploitation and capital use efficiency varied.

   

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