Thursday, August 16, 2018 - 22:44:03

BIDV

M&As in banking sector encouraged

Business

M&As in banking sector encouraged

The Government plans not to license any more wholly foreign-owned banks in Vietnam but encourages foreign banks to buy weak domestic banks, said Deputy Prime Minister Vuong Dinh Hue.

Profit-taking drags stocks down

Business

Profit-taking drags stocks down

Vietnamese shares fell on August 9 as strong selling pressure weighed down large-cap stocks and listed firms suffered from negative news of the macro-economy.

Ex-leader of VNCB sentenced to 20 years in prison

Society

Ex-leader of VNCB sentenced to 20 years in prison

Pham Cong Danh, ex-Chairman of the Board of Directors of the Vietnam Construction Bank (VNCB), has been given a 20-year prison term for “deliberately violating State regulations on economic management, causing severe consequences” at the bank.