Wednesday, April 24, 2019 - 19:40:48

Bank

Lao banks join hands to boost payment system

World

Lao banks join hands to boost payment system

Seven major banks in Laos signed a memorandum of understanding on April 22 to establish the Lao National Payment Network (LAPNet) company for a faster, reliable and more convenient payment system.

SHB plans to raise charter capital to over 17.57 trillion VND

Business

SHB plans to raise charter capital to over 17.57 trillion VND

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has a plan to increase its charter capital by over 5.53 trillion VND (237.48 million USD) to more than 17.57 trillion VND (754.5 million USD) via public offering of shares and paying dividends in the form of additional stocks.

New strategies needed for mid-sized firms: Standard Chartered

Business

New strategies needed for mid-sized firms: Standard Chartered

Digitalisation and overseas expansion are deemed as the best new strategies for medium-sized companies in Vietnam and other ASEAN member states to promote economic growth in the context of drastic market changes, Standard Chartered Bank said in its reported announced on April 22.