(VOV) -The Europe Business Assembly (EBA) on July 2 honoured Civil Engineering Construction Corporation No . 4 (CIENCO4) as among one of the ‘ Best Enterprises ‘ at an awards ceremony in Stresa, Italy.
Savills Vietnam storms Asia Pacific Property Awards 2014 … [Read more]
At shareholders’ meetings this year many banks unveiled plans to acquire finance companies to take advantage of their retail business and boost lending.
The Sai Gon-Ha Noi Joint Stock Commercial Bank (SHB) is the latest to announce such plans. With the acquisition, SHB expects to achieve its… [Read more]
They were worth 10.4 billion USD last year to rank third in the country’s list of key exports, Lefaso Deputy Chairman… [Read more]
Leather footwear and handbag exports are expected to top US$12 billion this year, achieving the target, the Viet Nam Leather and Footwear Association (Lefaso) said.
A worker makes shoes for export at the Ha Tay Chemical &… [Read more]
A worker makes shoes for export at the Ha Tay Chemical & Knitting Co. – VNA/VNS Photo Tran Viet
HCM CITY (VNS) – Leather footwear and handbag exports are expected to top US$12 billion this year, achieving the target, the Viet Nam Leather and Footwear… [Read more]
OCBC sells its shares at VPBank for local investors … [Read more]
VietNamNet Bridge – Commercial banks believe that retail banking is a new promising playing field that will produce high profits. But there have been complaints from clients about service quality at local banks.
Ta Quang Dung , the former director of a securities company, complained… [Read more]
It appears that many foreign players are mulling alternatives to joining with local partners to bolster efficiency when it comes to mergers and acquisitions in the banking sector.
The most recent development was a rumour that HSBC is looking to divest from its 20 per… [Read more]
Since mid-April businesses have been able to borrow more easily from banks, many of which have cut both deposit and lending interest rates in addition to launching several preferential credit programmes.
Many lenders like VPBank , SeABank , and ACB have reduced interest rates on deposits… [Read more]
Vietnam Prosperity Joint Stock Commercial Bank ( VPBank ) simultaneously received four prestigious awards from international organisations, including the “Best commercial bank in Vietnam”, the “Bank with excellent international payment quality”, “Best banking products in Vietnam 2014″, and “Best trade financing bank in Vietnam ub 2014″.
The ” Best Commercial… [Read more]
The four top awards were Best Trade Bank , Best International Payment , Best… [Read more]
FPT Shop, The Gioi Di Dong ( Mobile World ) and Vien Thong A are among the retailers that are offering installment plans as a measure to improve their sales.
FPT Retail said three consumer credit providers ACS, Home Credit… [Read more]
Difficulty of credit growth is forecast to last to near the end of the year, and so far no effective solution has been adopted. As always, profit, loss and dividend become a focal discussion of shareholders in annual shareholders’ meeting…. [Read more]
VietNamNet Bridge – To everyone’s surprise, the number of the Vietnamese super rich people has been increasing rapidly in the economic crisis.
A Swiss bank, in its report released in September 2013,… [Read more]
High non-performing loan ratios are continuing to cause expenses for banks as they are forced to invest in provisions. Larger banks particularly are finding it difficult to both battle bad debt and achieve profits.
Vietnam’s banks continue to struggle to deal with bad debt, with… [Read more]
With the desire of bringing luck to customers on the occasion of New Year 2014, the Year of the Horse, Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will launch a promotion programme called “Prosperous New Year – Taking Good Fortune” for all USD and VND depositors from January 8 to… [Read more]