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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Compulsory transfer of 4 banks under special control approved
The State Bank of Vietnam (SBV) said competent authorities have approved the plan for compulsory transfer of four banks under special control, namely Construction Bank (CB), OceanBank, GPBank and DongA Bank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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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
- 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
