TPP help for Hanoi businesses Business

TPP help for Hanoi businesses

The authorities in Hanoi would support enterprises to take full advantage of the Trans-Pacific Partnership (TPP) agreement, but enterprises should improve their production and business abilities.
Policies could help SMEs borrow Business

Policies could help SMEs borrow

The Government should have appropriate policies to enable credit guarantee funds to operate more efficiently so that small- and medium-sized businesses can borrow easily from banks.
Business

Banking tycoon still faces 30-year jail term

High-profile banker Nguyen Duc Kien, former Vice Chairman of the Asia Commercial Bank (ACB) Founding Council still faced a sentence of 30-year imprisonment as declared by the Hanoi Court of Appeals on December 15.
Appellate court reviews former ACB leaders’ verdicts Society

Appellate court reviews former ACB leaders’ verdicts

The court of appeals of the People’s Supreme Court started reviewing the appeals submitted by Nguyen Duc Kien, former vice chairman of the founding council of the Asia Commercial Bank (ACB), and other ACB former executives, in Hanoi on November 28.
Business

Vietnam Railway to divest all capital from ten firms

The State-owned Vietnam Railway Corporation (VRC) has said it will divest all its capital from 10 joint-stock companies this year and next to focus on railway transport as its core business, and sharply reduce its stakes in several others, the Saigon Times Daily reported on August 13.
Former bank official goes on trial Society

Former bank official goes on trial

The Hanoi People’s Court on April 16 opened the trail of Nguyen Duc Kien, former vice chairman of the founding council of the Asia Commercial Bank (ACB), and his accomplices with charges of fraud.
Former banker faces more charges Society

Former banker faces more charges

The Police Investigation Agency under the Ministry of Public Security on Sept. 18 announced that it has decided to supplement earlier prosecution decisions regarding Nguyen Duc Kien, former Vice Chair of the founding council of the Asia Commercial Bank (ACB).
Business

State bank vows to provide capital for ACB

The State Bank of Vietnam (SBV) pledges to provide capital for the Asia Commercial Bank (ACB) to ensure its liquidity, SBV Chief Inspector Nguyen Huu Nghia told the press on August 22.
Business

Investor optimism extends rally

Stocks continued to soar on the nation's stock exchanges on Mar 2, with the combined value of trades reaching 2 trillion VND (95.2 million USD).