Military Bank to increase chartered capital next year
Military Bank will increase its chartered capital from 780 billion VND (48.75 million USD) to 1.5 trillion VND (93.75 million USD) by the end of 2007, announced the bank.
28/12/2006
Banks to profit from trust factor unconditional trust banking bonanza
It is only in the past five years that Vietnamese have begun to trust banking institutions. Since 2001, the number of bank accounts opened in urban Vietnam has risen by an astonishing 300 per cent.
28/12/2006
Local banks pushed to cash in during 2008
Domestic banks are being pushed to pump up capital levels or merge with each other in order to increase chartered capital and take advantage of a booming financial market in 2008.
28/12/2006
ADB helps rail lines project in HCM City
A US $1.7 million technical assistance (TA) grant from the Asian Development Bank is helping to prepare a project that will develop two urban mass rapid transit (MRT) rail lines in Ho Chi Minh City, Vietnam. The non-refundable grant is from ADB's...
30/11/2006
ABN Amro Deposits $4.5 Million in Vietnam Dispute (Update1)
ABN Amro Holding NV, the largest Dutch bank, has deposited more than $4.5 million with the Vietnamese police to be held until a currency-trading dispute with a state-owned lender is settled, a police official said.
30/11/2006
ABN AMRO pays Vietnam bank in currency case
Dutch bank ABN AMRO has paid $4.5 million to a state-run Vietnamese bank as part of a settlement in a foreign exchange trading dispute, state-run newspapers reported on Saturday.
30/11/2006
Vietnam International Bank moves towards listing
Vietnam International Bank, the country's 10th-largest bank by assets, has won central bank approval to apply to list on the Hanoi over-the-counter stock market, the central bank said.
30/11/2006
Vietnam's foreign reserves rise to $12 bln
Vietnam's foreign currency reserves are now $12 billion, enough to cover 13 weeks of imports, up from eight weeks in 2000, a state-run newspaper quoted a central bank report on Wednesday as saying.
30/11/2006