Vietnam

A purely commercial decision made.

An oversupply of economic university graduates.

Increased share activity and chairman's departure.

Better card services in Vietnam.

Evaporating assets?

It's business as usual for Sacombank.

Due to weak liquidity.

Vietnam is seriously considering setting-up an asset management company capitalized at US$4.8 trillion.

Vietnam has ordered its central bank to take timely measures to stabilize the banking system and regain the confidence of the public and investors.

The governor of Vietnam’s central bank revealed that there are groups or individuals manipulating local banks.

Vietnamese banks are focusing at smaller sources of income such as credit card service fees and interest rates on card payments due to sluggish demand for loans.

Foreign ownership cap in Vietnamese banks should be considered carefully to prevent a wholesale takeover, experts warn.

Moody's Investors Service has downgraded Vietnam's credit rating on growing concerns over its weakening banks and its rapidly cooling economy.

The State Bank of Vietnam is now creating regulations on procedures for establishing, changing the names and/or location and ending operation of a banking branch.

The Executive Board of the Asia Commercial Bank has accepted the resignation of its three members, Chairman Tran Xuan Gia for health reason and Vice Chairmen Le Vu Ky and Trinh Kim Quang for personal reasons.

Vietnam's total interbank trading value in dong reached approximately 89.474 trillion dong.