Banks turn a market dampener Business

Banks turn a market dampener

Shares unexpectedly edged down on January 18 despite a positive morning performance as leading bank stocks lost steam on cautious sentiments ahead of the Tet (Lunar New Year) holidays next week.
M&A information to be released Business

M&A information to be released

Information related to mergers and acquisitions (M&As) of credit institutions is awaited as the season of annual shareholders’ meetings is around the corner.
Banks run out of credit quotas Business

Banks run out of credit quotas

Many large-sized commercial banks have no scope for credit growth for the last months of the year, as they have used nearly all the quota allowed by the central bank.
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.
State Bank of Vietnam lifts lending ceiling Business

State Bank of Vietnam lifts lending ceiling

The State Bank of Vietnam (SBV) has allowed some lenders to raise their credit growth ceiling this year in a move to boost economic growth, according to Thoi bao Ngan hang (Banking Times).
Appeal court upholds life sentence on ex-banker in fraud case Society

Appeal court upholds life sentence on ex-banker in fraud case

The appeal court upheld the life imprisonment sentence for Huynh Thi Huyen Nhu, former deputy chief of the Risk Management Department of the Ho Chi Minh City branch of the Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), on January 7.
Business

Banks up on higher foreign stakes

Prices of bank shares rose on January 7 after the release of Decree 01/2014/ND-CP on lifting foreign ownership in Vietnamese credit institutions.

Business

Banks stand fast on quality of credit

Banks are holding firm on their decision not to lend to unreliable creditors despite modest credit growth and the year coming to a close. Vietnam Investment Review reports.
Fund begins disbursement for social housing Business

Fund begins disbursement for social housing

Up to 11 billion VND (524,000 USD) of the Government's 30 trillion VND (1.42 billion USD) loan package to support social housing development has been provided to 56 home buyers, the Ministry of Construction said.
Business

Bank shares lead market growth

Stocks closed in green on both exchanges on December 14, boosted by a strong showing from bank shares, nearly all of which made gains.
Business

Banking shares spearhead rally

Stock indices ran up another winning day on March 1, with banking stocks continuing to draw heavy investment despite warnings by many analysts that prices were becoming inflated.