SPECIAL

VNA's new Dreamliner completes first test flight VNA's new Dreamliner completes first test flight

National carrier Vietnam Airlines (VNA) on May 27 said the first of its new Boeing B787-9 Dreamliners had completed its first test flight.


Pilmico seeks to buy VN feed companies: report Pilmico seeks to buy VN feed companies: report

Filipino firm Pilmico Food Corporation is trying to acquire some feed companies in Viet Nam in an expansion bid, the local media in the Philippines reported on May 24.


Vietinbank officially merges with PGBank Vietinbank officially merges with PGBank

Viet Nam Bank for Industry and Trade (VietinBank) and the Petrolimex Group Commercial Joint Stock Bank (PGBank) signed an official merger document yesterday, thereby opening opportunities for the new bank.


Toyota Motor Vietnam launches Lexus NX200t Toyota Motor Vietnam launches Lexus NX200t

LEXUS Vietnam introduced the all-new NX200t, a sharply styled luxury compact crossover, together with Lexus premium services in the Vietnamese market on May 26.



Rising pressure on deposit interest rates Rising pressure on deposit interest rates

(May 30, 2015)

Deposit interest rates are set to rise as growth rate of deposits has been lower than that of credit, according to a report from the National Financial Supervisory Commission (NFSC).

Banks reduce cross-ownership

Only three pairs of commercial joint stock banks had cross-ownerships, down three pairs from 2012, said Governor of the State Bank of Viet Nam (SBV) Nguyen Van Binh.

Agribank official gets senior post in Vietcombank

Agribank's Deputy Director Dinh Thi Thai will be deputy director of Vietcombank from June 1.

Agribank remains top dog in terms of assets

With total assets of VND763 trillion (US$35.16 billion), the Viet Nam Bank for Agriculture and Rural Development (Agribank) retained the top slot in terms of assets in the first months of this year.

Provisions may slash Maritime Bank profits

Increasing provisional funds to support credit risks will significantly slash Maritime Bank's profits this year, the bank's General Director Ta Ngoc Da, stated at a shareholders meeting on May 28.

Vietnamese banks honoured in Cambodia

The Bank for Investment and Development of Viet Nam (BIDV) and its member the Bank for Investment and Development of Cambodia (BIDC) were honored at a ceremony on Monday in Phnom Penh for their outstanding contributions to the socio-economic development of Cambodia.

Banks told to promote corporate governance

Corporate governance and management in commercial banks are two core factors that can determine their success or failure.

SBV suspends GP Bank's leaders

The State Bank of Vietnam (SBV) announced on May 26 that it recently suspended the rights and obligations of the representatives of Global Petroleum Joint Stock Commercial Bank (GP Bank).

BIDV closes Mekong Housing Bank merger

The merger between the Mekong Housing Bank and the Bank for Investment and Development of Vietnam was completed yesterday.

Agribank receives service excellence award

The Viet Nam Bank for Agriculture and Rural Development (Agribank) has been awarded the 2014 Prize for Excellence in Payment Quality by the US's Wells Fargo Bank.

HD Bank in tie-up with VNPT

The Housing Development Commercial Joint Stock Bank (HD Bank) last week signed an agreement with HD Saison Finance and the Viet Nam Post and Telecommunications Group (VNPT) to help each other develop their services.

Hoa Sen steel chief in line for global business honourHoa Sen steel chief in line for global business honour

Le Phuoc Vu, chairman of giant steel maker Hoa Sen, has been nominated for the EY World Entrepreneur of the Year award, accounting firm Ernst and Young Viet Nam announced on Monday.

IFRS to make VN's enterprises more financially transparentIFRS to make VN's enterprises more financially transparent

The implementation of International Financial Reporting Standards (IFRS) will make Vietnamese enterprises become more financially transparent and better at financial risk management so as to efficiently manage their corporate's assets.

Inward remittances continue to rise in HCM City Inward remittances continue to rise in HCM City

Overseas Vietnamese have sent home remittances of US$1.4 billion through HCM City-based banks in the first four months of this year, a year-on-year increase of 19.6 per cent.

Copyrights 2012 Viet Nam News, All rights reserved. Add:79 Ly Thuong Kiet Street, Ha Noi, Viet Nam. Editor_In_Chief: Trinh Thanh Thuy
Tel: 84-4-39332320; 84-4-39332314;Fax: 84-4-39332311; E-mail: bizhub@vnsmail.com
Publication Permit: 599/GP-INTER. ® web design by: VGroup.vn