KEB Hana named strategic shareholder of BIDV Business

KEB Hana named strategic shareholder of BIDV

KEB Hana Bank of the Republic of Korea (RoK) has become a strategic shareholder of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), helping the latter to have the biggest charter capital among Vietnamese banks.
Moody's review of Vietnam's Ba3 rating improper: ministry Business

Moody's review of Vietnam's Ba3 rating improper: ministry

The Vietnamese Ministry of Finance (MoF) has said that Moody's Investors Service’s decision to place Vietnam’s Ba3 rating under review for downgrade due to delayed payments on an obligation of the Vietnamese Government was improper as the Government has never delayed meeting debt repayment obligations.
Vietcombank receives three awards by Asiamoney Business

Vietcombank receives three awards by Asiamoney

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.
Vietnam, Cambodia’s central banks look to foster partnership Business

Vietnam, Cambodia’s central banks look to foster partnership

Leaders of the State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) met in Phnom Penh on September 16 at an annual conference to share experience in macro-economy management, especially in finance-banking, and seek ways to strengthen cooperation in personnel training.
HDBank receives green finance award Business

HDBank receives green finance award

HDBank has recently been awarded the Green Deal Award by the Asian Development Bank in Singapore, making this the first time a Vietnamese participating financial institution of ADB has won this award.
Vietcombank leads in first-half pre-tax profits Business

Vietcombank leads in first-half pre-tax profits

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) posted the highest pre-tax profits among Vietnamese banks in the first six months of 2019, raking in more than 11.04 trillion VND (474.7 million USD), up 43.1 percent on-year.
BIDV sells 15 percent stake to RoK’s KEB Hana Bank Business

BIDV sells 15 percent stake to RoK’s KEB Hana Bank

The Bank for Investment and Development of Vietnam (BIDV) will float more than 603 million new shares, or 15 percent of its stake to the Republic of Korea’s KEB Hana Bank under its resolution No.696/NQ-BIDV issued on July 22.
Vietjet Air launches Nha Trang-Busan direct route Business

Vietjet Air launches Nha Trang-Busan direct route

Vietnam’s new-age carrier Vietjet Air has launched its latest international route connecting Nha Trang city in the central coastal province of Khanh Hoa with the port city of Busan in the Republic of Korea (RoK).
Vietjet continues offering millions of promotional tickets Business

Vietjet continues offering millions of promotional tickets

Celebrating the announcement of the new route linking Vietnam’s central Da Nang city with Tokyo (Haneda, Japan), new-age carrier Vietjet continues to heat up “Fly for Love - Show your summer version” campaign, offering 1,000,000 super-saving tickets priced only from 0USD during three golden days of July 10, 11 and 12.