Sacombank boosts capital Business

Sacombank boosts capital

The State Bank of Vietnam (SBV) has approved an increase in Sacombank's capital by nearly 52 percent to 18.8 trillion VND (838 million USD), the HCM Stock Exchange has reported.
Retail banking market upbeat Business

Retail banking market upbeat

Vietnam is expected to lure many foreign banks, especially those operating in the retail segment, once the country removes all technical barriers in the banking sector this year.
Vietnam’s fourth bank inaugurated in Laos Business

Vietnam’s fourth bank inaugurated in Laos

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) held a ceremony in Vientiane to open its subsidiary in Laos, becoming the fourth Vietnamese bank operating in the country.