Banks recruit thousands of employees in 2017 Business

Banks recruit thousands of employees in 2017

Together with high profits of trillions of VND at the end of 2017, domestic commercial banks reportedly hired thousands of employees to boost their performances and seize new opportunities.
SMEs urged to use factoring service Business

SMEs urged to use factoring service

Vietnamese small and medium enterprises (SMEs) should get access to factoring service- one of the most favoured tools in the international trade, to increase their competitive capacity.
Remittances flow to HCM City Business

Remittances flow to HCM City

The remittances to Ho Chi Minh City, which is one of the top localities nationwide receiving the largest volume, reached more than 900 million USD in the first two months this year.
Banks looking to hire more in 2016 Business

Banks looking to hire more in 2016

Domestic commercial banks plan to recruit thousands of employees this year to boost development and seize new opportunities, business news website cafef.vn reported.
MBBank receives merger approval Business

MBBank receives merger approval

The State Bank of Vietnam has recently approved in principle a merger between the Song Da Finance Company (SDFC) and the Military Commercial Joint Stock Bank (MBBank).
Vietnamese banks urged to use latest IT Business

Vietnamese banks urged to use latest IT

Domestic commercial banks need to give top investment priority to information technology if they want to develop better retail banking strategies, according to independent market watchdogs.
Local banks draw foreign interest Business

Local banks draw foreign interest

Commercial banks expect to attract foreign investment in their newly-established financial companies thanks to the profitable domestic consumer financial market.
Dollar rates ease as US rates steady Business

Dollar rates ease as US rates steady

The dollar–dong exchange rates have eased at domestic commercial banks, following a decision by the United States Federal Reserve (Fed) to keep its interest rates steady.
Banks to set up cash transporters Business

Banks to set up cash transporters

The State Bank of Vietnam will allow domestic commercial banks to start companies responsible for transporting cash to branches and transaction offices in order to reduce related expenses.