Finance
2010 to see fairer competition between foreign, domestic banks
In 2010, the competition among domestic and foreign banks will be fairer in Vietnamese market. The establishment of 100 percent foreign invested banks now becomes more popular compared with two years ago.
8 Feb, 2010 - 11:50:39 AM
Finance
BaoVietBank mobilises 500b dong
Bao Viet Commercial Joint Stock Bank (BaoVietBank) has recently announced that it mobilised 70 percent or 500 billion dong of the bank's target in the "Mung sinh nhat, don Tan nien" programme that was carried out from the end of December 2009 till the end of February, 2010.
8 Feb, 2010 - 11:49:37 AM
Finance
SBV flexible and cautious in monetary policy
In the first months of 2009, the State Bank of Vietnam (SBV) gradually loosened the monetary policy in order to promote business and production and curb impact of the financial crisis and preventing the economic recession.
8 Feb, 2010 - 11:39:35 AM
Finance
Non-life insurers post losses from main business field
Ending 2009, non-life insurance firms had to face business loss totalling around 163 billion dong. Up to 18 of 26 posted losses in major business fields, and 21 of 26 firms earned profit from financial investment.
8 Feb, 2010 - 11:38:23 AM
Finance
Central bank to provide enough US dollar for SJC to import gold
Currently, closing the last trading session of last week in New York market, the world gold price ranged around $1,065 per ounce. If converting into domestic gold price (basing on the forex rate of 18,450 dong per US dollar) including import tax and other expenditures, the gold price will be 24 million dong per tael.
8 Feb, 2010 - 11:37:11 AM
Finance
Bidv launches 'Diem uu dai vang' programme
Bank for Investment and Development of Vietnam (Bidv) is launching "Diem uu dai vang" programme for Bidv's credit card owners.
8 Feb, 2010 - 11:35:58 AM
Finance
KienLongBank gains 120b dong pre tax profit
Ending the fiscal year 2009, Kien Long Commercial Joint Stock Bank (KienLongBank) recently announced gaining over 120 billion dong of pre tax profit
8 Feb, 2010 - 11:34:54 AM
Finance
SeABank offers promotion programme to depositors
From now till April 11, Southeast Asia Commercial Joint Stock Bank (SeABank) will carry out a promotion programme to raise capital whereby depositors will enjoy a twin interest with two programmes "Loc vang nhan doi" and Mung xuan sang don loc vang".
8 Feb, 2010 - 11:33:49 AM
Finance
Eximbank launches promotion programme to dong depositors
From February 3, Vietnam Export Import Commercial Joint Stock Bank (Eximbank) officially offered "Vui xuan don Tet, nhan ngay qua tang" promotion programme to dong depositors.
8 Feb, 2010 - 11:32:39 AM
Finance
TinNghiaBank obtains over 253b dong pre tax profit
Vietnam Tin Nghia Commercial Joint Stock Bank (TinNghiaBank) has recently announced business results in 2009 and operation orientation for 2010.
8 Feb, 2010 - 11:29:44 AM
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