Monday, December 10, 2018 - 18:50:31

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Court reduces penalty on former central bank deputy governor

Society

Court reduces penalty on former central bank deputy governor

The high-level court in Ho Chi Minh City on December 10 reduced sentences for former Deputy Governor of the State Bank of Vietnam (SBV) Dang Thanh Binh and two other defendants involved in the losses of over 15 trillion VND (645.8 million USD) at the Vietnam Construction Bank (VNCB).

Unrestricted foreign ownership at Sabeco approved

Business

Unrestricted foreign ownership at Sabeco approved

The Saigon Beer-Alcohol Beverage Corporation (Sabeco) early this week announced that it received an official letter from the State Securities Commission approving unrestricted foreign ownership at the largest beverage company in Vietnam.

An Giang attracts over 1 billion USD in investment in 10 months

Business

An Giang attracts over 1 billion USD in investment in 10 months

The Mekong Delta province of An Giang has attracted 78 projects with total registered capital of 24.8 trillion VND (1.06 billion USD) in the first 10 months of the year, a year-on-year increase of 6.85 percent in the number of projects and 2.97 times in capital, according to the provincial Department of Planning and Investment.

Appeal trial held on former SBV Deputy Governor

Society

Appeal trial held on former SBV Deputy Governor

The high-level court in HCM City on December 5 opened an appeal trial on the case of former Deputy Governor of the State Bank of Vietnam Dang Thanh Binh in connection with the economic losses of over 15 trillion VND at the Vietnam Construction Bank.

VN Index falls on November’s last day

Business

VN Index falls on November’s last day

Vietnam’s benchmark VN Index ended November with a volatile session with more than half of the blue chips closing in negative territory due to investors’ worries about the market’s prospect.

Markets drop after recovery

Business

Markets drop after recovery

Market indexes and liquidity suffered a sudden fall in the final trading session last week, meaning that negative signals started to appear following a period of recovery.