MB among strongest banks in Asia-Pacific Business

MB among strongest banks in Asia-Pacific

The Military Commercial Joint Stock Bank (MB) ranked third among 14 Vietnamese banks in the list of 500 strongest banks (AB500) in Asia-Pacific recently released by The Asian Banker.
Court upholds sentences for former Vietinbank officials Society

Court upholds sentences for former Vietinbank officials

The High-level People’s Court in Ho Chi Minh City has upheld charges and sentences for former officials of Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) ruled at the first instance trial for their wrongdoings at the bank.
Moody’s: Outlook for Vietnam’s banks stable Business

Moody’s: Outlook for Vietnam’s banks stable

Moody’s has forecast that the Vietnamese banking system will remain stable in the next 12-18 months, reflecting its expectation that the country’s macroeconomic stability will support the banks’ weak credit profiles.
Hanoi tackles poverty Society

Hanoi tackles poverty

Hanoi is attempting to reduce the rate of poverty by 1.3 percent, equivalent to 27,000 poor households, in 2016, with preferential policies.
Higher Q2 earnings push banks up Business

Higher Q2 earnings push banks up

Vietnamese shares on July 12 rebounded from a two-day decline as banks advanced on second-quarter profits and higher oil prices pushed energy stocks up.
New study sheds light on bank performance Business

New study sheds light on bank performance

The process of restructuring commercial banks in Vietnam mostly focusses on mitigating negative effects and not on promoting positive factors, one of which is the increase in private ownership.