Vietnam Bank News

Office rents head further north in southern hub   2008-05-13
A continuing shortage of office space in downtown Ho Chi Minh City has pushed rents even higher, forcing tenants to choose between putting up with cramped conditions or moving out of the city center.

Vietcombank bosses face worried shareholders   2008-04-29
HA NOI — Vietcombank’s shareholders voiced strong concerns about shrinking share prices in the bank’s first general shareholders meeting on Saturday, putting management on the hot seat to explain the bank’s shrinking assets during the first quarter of the year.

Central bank won’t change rates on inflation   2008-04-27

ANZ CEO sees changes in Vietnam’s future   2008-04-19
CEO of Australia-New Zealand Bank in Vietnam Dam Bich Thuy speaks with Thanh Nien about staying competitive in Vietnam’s changing financial marketplace.

Vietnam central bank tells ACB to slow 2008 lending   2008-04-18
Vietnam's central bank has told Asia Commercial Bank ACB.HN to slow its lending after imposing 30 percent cap on credit growth for the sector this year in an effort to control inflation at a 12 year high.

Banks see strong results despite tough policies, interest rate wars   2008-04-16
Leading commercial banks have posted good business results in the first quarter despite tightened Government monetary policies and costly deposit interest wars.

Citigroup hires new head of Vietnam investment banking   2008-04-14
Citigroup Inc., the biggest US bank by assets, appointed Nguyen Son Nam as head of investment banking in Vietnam to boost its advisory business by targeting companies that need to raise capital, an internal memo said.

Tight credit causes liquidity issues for banks   2008-04-08
HA NOI — The Viet Nam Banking Association late last week proposed that the State Bank of Viet Nam strictly punish any commercial banks that charge excessive interest rates, association representative Truong Dinh Song told Viet Nam News.

Inter-bank lending rate jumps   2008-04-04
Interest rates on the dong that Viet Nam's commercial banks lend each other have risen since last Wednesday when the banks introduced their agreed upon 11 per cent ceiling for deposits in the domestic currency.

Cheaper dollar not a boon as expected   2008-04-04
Although the dollar has lost ground against the dong in recent weeks, which should have made imported goods cheaper for consumers, the actual market prices of imported goods have not dropped as expected.

State Bank to buy up foreign currency   2008-03-26

PM kicks off UK tour with $1 billion in deals   2008-03-05

IFC gives Sacombank more funds for home loans   2008-02-27

Vietnam central bank calls for savings rate cap   2008-02-27

Banks dangle higher deposit interest rates, but at a cost   2008-02-21

Banks mired in deposit interest rate war   2008-02-16

Sacombank says January profit soared 157 percent   2008-02-16

Banks to Buy US$1.27 Bln Compulsory Treasury Bills   2008-02-16

ANZ Bank Forecasts 8.9% Inflation in Vietnam   2008-02-16

Ha Noi banks predict 40% growth   2008-02-12

ATMs overloaded as Tet nears   2008-02-05

City banks seek sustainable growth   2008-02-05

Commercial banks expect tough road ahead   2008-02-04

BIDV finances Crown Plaza complex in Ha Noi   2008-02-04

HSBC Survey Forecasts Vietnam, Indian Growth   2008-02-02

Singapore, Viet Nam state banks ink deal   2008-02-01

State Bank raises prime rate   2008-01-31

State Bank rethinks controversial securities lending cap   2008-01-30

Banks set for new deposit interest war   2008-01-29

Central Bank sets limits on local gold production   2008-01-28