Sumitomo Mitsui-invested VPBank plans to merge with ailing lender
Hanoi-based VPBank, the biggest private lender by charter capital in Vietnam, will ask for shareholders’ approval to proceed with a plan to acquire a weak bank following a request by the State Bank of Vietnam (SBV).
Banking - Wed, April 24, 2024 | 11:18 am
Vietnam ‘basically completes’ value assessment of weak banks pending forced takeover
The State Bank of Vietnam (SBV) has “basically completed” the “unprecedented” task of assessing the value of ailing banks subject to forced takeovers, said Governor Nguyen Thi Hong.
Banking - Tue, January 9, 2024 | 5:49 pm
Vietnam to handle 2-3 ailing banks, industrial projects this year
The State Bank of Vietnam (SBV) and the Commission for the Management of State Capital at Enterprises (CMSC) will have to finish the handling of at least two to three banks and industrial projects by the end of this year, according to a government decision.
Banking - Mon, December 18, 2023 | 11:00 am
Vietnam central bank to further facilitate real estate credit access
The State Bank of Vietnam (SBV) will continue to implement measures to increase credit access for the ailing real estate market, Governor Nguyen Thi Hong said at a conference Monday.
Banking - Tue, November 14, 2023 | 8:13 am
Vietnam central bank in search of investors for ailing lender SCB
The State Bank of Vietnam (SBV), the country’s banking regulator, is active in looking for investors that are willing to join the restructuring of troublesome Saigon Joint Stock Commercial Bank (SCB).
Banking - Tue, October 10, 2023 | 7:44 am
Vietnam gov’t to have commercial banks take over ailing peers
The Vietnamese government has given in-principle approval to a scheme that will have domestic commercial banks take over two weak peers, a central bank report says, part of broader efforts to clean up the banking system and reduce the number of lenders.
Banking - Thu, October 5, 2023 | 10:18 am
Real estate companies face high bankruptcy risks: top developer Vinhomes
Vietnam’s government should take prompt action in removing obstacles in legal procedures and credit access in the property sector to help the ailing industry recover as realty enterprises face high risks of bankruptcy, Vinhomes chairman Pham Thieu Hoa said Friday.
Real Estate - Fri, February 17, 2023 | 3:39 pm
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
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SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
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AG&P LNG to start operating southern Vietnam LNG terminal in Sept
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- Editor’s Picks
-
LG’s chemicals arm records modest 2023 profits in Vietnam
-
Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
-
Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
-
AG&P LNG to start operating southern Vietnam LNG terminal in Sept
