Vietnam

Vietnamese banks ordered to beef up funds

Vietnamese banks ordered to beef up funds

State Bank of Vietnam sets June 1 deadline to protect against more NPLs.

Vietnam's VietinBank aims to lend $25.4-B in 2013

VietinBank has set a lending growth target of 20 percent this year.

Vietnam’s banks hesitant to charge new ATM fees

Some Vietnamese banks will not charge fees for every ATM transaction.

Foreign stakes to rise in ‘weak' Vietnamese banks

The State Bank of Viet Nam may increase the limit on foreign ownership in ‘weak' banks.

Vietinbank to sell 20% stake to Japanese bank

Vietinbank will selll a 20 percent stake to the Bank of Tokyo Mitsubishi UFJ for US$743 million.

Vietnam's central bank gov blames media for bank problems

State Bank of Vietnam governor Nguyen Van Binh blamed media for 50 percent of the banking sector’s problems.

Vietnam promises huge cut in bank NPLs

Vietnam will take tough action to reduce NPLs to 3% to 4%.

Vietnam’s NPLs grow to threatening proportions

Total non-performing loans jump to 66% from January to October.

Vietnam grads struggle to get banking, finance jobs

An oversupply of economic university graduates.

Merger rumours between Sacombank, Eximbank getting louder

Increased share activity and chairman's departure.