PM lauds RoK firms’ plan to expand operation in Vietnam Business

PM lauds RoK firms’ plan to expand operation in Vietnam

Prime Minister Nguyen XuanPhuc met with Yoon Jong-kyoo, President of the Republic of Korea (RoK)’s KB Kookmin Financial Group in Hanoi on February 11, affirming that Vietnam will continue maintaining macroeconomic stability and favourablebusiness environment for foreign investors, including the group.
Bankers enjoy highest salaries in 2015 Business

Bankers enjoy highest salaries in 2015

The highest monthly salary for mid-level and senior managers in Vietnam was 225 million VND (10,000 USD), up by 11 percent in 2015 in comparison with the previous year.
MBBank receives merger approval Business

MBBank receives merger approval

The State Bank of Vietnam has recently approved in principle a merger between the Song Da Finance Company (SDFC) and the Military Commercial Joint Stock Bank (MBBank).
Business

Banks look to purchase finance companies

A recent trend in the banking and finance industry is that commercial banks are looking to buy finance companies in an attempt to have "special tools" to facilitate their business activities.
Business

HDBank buys French partner

Ho Chi Minh City Development Bank (HDBank) recently announced that it has got approval from the State Bank of Vietnam (SBV) to acquire Societe General Viet Finance (SGVF).