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nghiem xuan thanh

Banks post high profits in 2018

Banks post high profits in 2018

Despite the central bank’s tightened monetary policy, many banks reported good business performance last year thanks to improved bad debt resolution and rising income from services.
Vietcombank to sell 10% stake to foreign investors

Vietcombank to sell 10% stake to foreign investors

Commercial Bank for Foreign Trade of Vietnam (Vietcombank) is planning to sell more than 350 million shares, or a 10 per cent stake, to foreign investors in the first half of 2018.
Vietcombank opens five new branches in HCM City

Vietcombank opens five new branches in HCM City

The JSC Bank for Foreign Trade of Viet Nam (Vietcombank or VCB) on March 14 opened five new branches in HCM City''s Districts 2, 8, 9, Binh Chanh and Go Vap.
Provisional funds hit record high due to new regulations

Provisional funds hit record high due to new regulations

Credit institutions had to provide nearly VND89.7 trillion (US$4.13 billion) of provisional funds by the end of June, due to the application of new regulations earlier this year.
Vietcombank still looking for a merger partner

Vietcombank "still looking for a merger partner"

Foreign trade lender Vietcombank continues looking for a merger partner, according to a statement by bank Chairman Nghiem Xuan Thanh, speaking during an April 24 shareholders meeting.
Governor appoints new State contribution representatives from VCB

Governor appoints new State contribution representatives from VCB

The governor of the State Bank of Viet Nam has appointed Nghiem Xuan Thanh, chairman of Vietcombank (VCB), to represent 40 per cent of the State''s contribution to the bank.
Vietcombank names new General Director

Vietcombank names new General Director

The Bank for Foreign Trade of Viet Nam (Vietcombank) announced the appointment of Deputy General Director Pham Quang Dung as its General Director on November 1.
Banks target growth in consumer lending

Banks target growth in consumer lending

Banks plan to explore mergers or acquisition of financial institutions, as well as the establishment of new financial companies, to ensure a healthier bottom line by offering more consumer loans.
Vietcombank director buys 10,000 shares

Vietcombank director buys 10,000 shares

Vietcombank (VCB) general director and management board member Nghiem Xuan Thanh bought 10,000 VCB shares between February 10 and March 11.
Vietcombank lending rises 2.8% in August

Vietcombank lending rises 2.8% in August

Vietcombank''s total outstanding loans have increased again after declining by 1.47 per cent in the first half of the year.
Central Bank appoints new chief

Central Bank appoints new chief

The State Bank of Viet Nam (SBV) has promoted Ngo Quang Luong to become the central banks'' chief administrator, replacing Nghiem Xuan Thanh.
Vietcombank appoints its new general director

Vietcombank appoints its new general director

The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has appointed Nghiem Xuan Thanh, a member of its management board, as its new general director for a five-year term of office from July 26.