Vietnamplus

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) inaugurated its representative office in the US, on November 1.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named the Best Domestic Bank in Vietnam, the Best Bank for SMEs in Vietnam and the Most Outstanding Company in Vietnam – Financial Sector by Asiamoney magazine.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has entered Vietnam’s 50 best listed companies in 2019 by Forbes Magazine for the seven consecutive years.

In the first six months of 2019, credit flowing into production, business and prioritized fields as well as potential risk areas were under stricter control.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named in the 17th annual Global 2000 – Forbes’ ranking of the World’s Largest Public Companies in 2019.

Four Vietnamese firms have been named in this year’s Global 2000 list by Forbes, an annual ranking of the world’s biggest and most powerful public companies.

Investors may keep betting on bank stocks this week, securities firms said, but selling pressure may weigh on the market’s overall performance as local stocks are considered as being overbought in recent days.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has offered to sell more than 2.3 million shares it owns in the national carrier Vietnam Airlines.

Four banks are seeking every chance to increase their charter capital, some banks were successful, however it was not a piece of cake.

Four banks are seeking all possible ways to increase charter capital and some of them have succeeded but they found it not easy.

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) posted pre-tax profit of more than 10.66 trillion VND (458.38 million USD) in 2018, up 31 percent year-on-year and surpassing its target by 6.61 percent.

Party and State leaders have presented gifts to poor people and workers across the country ahead of Lunar New Year (Tet) festival which lasts from February 2-10 this year.

Vietnamese commercial banks are racing to develop their networks by opening representative offices and subsidiaries in foreign nations, paving the way for them to expand their overseas operations, according to market watchers.

The Vietcombank, officially inaugurated its Vietcombank Laos in Vientiane on October 19. This is the first wholly owned bank it opened in other countries.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has offered to sell 45.6 million shares it is holding in the Vietnam Export-Import Joint Stock Commercial Bank (Eximbank).

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) aims for increases of 15 percent in both mobilised capital and credit in 2018.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has registered to sell 7.6 million shares of the Vietnam Airlines Corporation, which is listed as HVN on the stock market.

In light of recent widely reported cases of banking fraud related to automatic teller machine (ATM) transactions, the State Bank of Vietnam (SBV) has advised the public to remain calm and adhere to banks’ regulations, while urging the banks to plug security holes.

The State Bank of Vietnam (SBV) will work to maintain interest rate stability, enabling firms to access credit for their production and business, SBV Governor Le Minh Hung has said.

The central coastal province of Khanh Hoa is striving to tackle overload at the Cam Ranh International Airport, including calling for additional capital to complete the construction of its second runway.