Customers’ interests to be ensured in Maritime Bank fraud case: central bank
Customers’ interests will be guaranteed as authorities clarify the responsibilities of Maritime Bank and individuals in a case that caused huge losses at the private lender, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu on Wednesday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Tet cheer muted as Hanoi restaurants, pubs see few customers
The usual festive cheer has been markedly absent at Hanoi’s restaurant chains and pubs in the run up to the Lunar New Year holiday (Tet), usually the peak time for business during the whole year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Two prominent trends in omnichannel shopping
Two opposite behaviors in omnichannel shopping have been reinforced - showrooming and webrooming, RMIT senior lecturer in digital marketing Dr Alrence S. Halibas writes. Two opposite behaviors in omnichannel shopping have been reinforced, including showrooming and webrooming, RMIT Senior Lecturer in Digital Marketing Dr Alrence S. Halibas writes.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
National Citizen Bank plans to expand charter capital to $503 mln
The National Citizen Bank (NCB) has approved a plan to issue a maximum 620 million shares via private placement for VND6.2 trillion ($262.4 million) to increase its charter capital to VND11.8 trillion ($503.3 million).
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s central bank to take strong action against “backyard” lending
The State Bank of Vietnam (SBV) plans to strongly reduce the maximum loan-to-equity ratio for a single customer or group of customers related to banks, as well as the maximum ownership ratio of individuals and related persons at banks.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese banks cut lending rates
A series of Vietnamese banks, both State-run and private, have announced interest rate reductions of 1-3 percentage points and preferential credit packages.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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- Editor’s Picks
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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Techcombank plans 10% stake issue to foreign strategic investors
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Vietnam needs to build more highways: logistics firm exec
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Vietnam central bank pumps cash to save troubled lender SCB
