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Finance
Asia set for mild economic recovery in 2010: ADB
Asia is set for a mild economic recovery from the global financial crisis in 2010 after bottoming out this year, the Asian Development Bank's chief economist said Thursday.
4 Jul, 2009 - 7:12:00 AM
Finance
ANZ, StanChart set to divvy up RBS Asia assets
Standard Chartered and the Australia and New Zealand Banking Group (ANZ) are set to divide up the Asian assets of embattled Royal Bank of Scotland, a press report said Thursday.
4 Jul, 2009 - 7:00:00 AM
Finance
Vietcombank H1 pre-tax profit at over 2.450tr dong
General Director of Vietcombank, Nguyen Phuoc Thanh reported that his bank gained over 2.450 trillion dong in H1 pre-tax profit, fulfilling 75 percent of the whole year's target of 3.320 trillion dong.
3 Jul, 2009 - 2:29:40 PM
Finance
DI Asia fund debuts
Japan's Dream Incubator Joint Stock Co will make the debut of Asia DI Industrial Fund with total capital size of about six billion yen ($64 million) in Vietnam on July 9 after over one year of preparation.
3 Jul, 2009 - 2:28:43 PM
Finance
VIB Bank boosts property lending
Vietnam International Commercial Joint Stock Bank or VIB Bank recently introduced its two new products of "accumulative housing loans" and "housing loans for business establishment" with outstanding features.
3 Jul, 2009 - 1:39:21 PM
Finance
Standard Chartered Bank launches lending for individuals
Standard Chartered Bank on July 02 celebrated one year establishment anniversary of the bank's retail branch in Hanoi and introduced its new product of "loans for individuals"
3 Jul, 2009 - 1:38:28 PM
Finance
BaoVietBank starts card project
Bao Viet Commercial Joint Stock Bank (BaoVietBank) has officially started its card project with OpenWay Asia Private Co Ltd.
3 Jul, 2009 - 1:37:37 PM
Finance
Gap between lending and deposit rates narrowed
On June 30, State Bank of Vietnam's governor issued Decision No 1539/QD0NHNN to retain the basic rate of the dong at 7 percent a year and also announce the refinancing rate at 7 percent applied from July 1 rediscount rate at 5.0 percent pa.
3 Jul, 2009 - 10:32:06 AM
Finance
Maritime Bank reports 473b dong in H1 pre-tax profit
During the first half of this year, Maritime Bank reported has reported earning 473 billion dong in pre-tax profit (after deducting 112 billion dong for the risk prevention risk, its total assets touched of 46 trillion dong, and total deposits 43 trillion dong.
3 Jul, 2009 - 10:31:18 AM
Finance
Not the right time to separate deposit insurance from SBV: lawyer
In many countries regulating the deposit insurance is the function of insurance agencies while in Vietnam, State Bank of Vietnam is responsible for stabilising domestic currency and ensure the security of banking system.
3 Jul, 2009 - 10:30:07 AM
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