ADB and Citi team up on new risk product to help SMEs

ADB and Citi team up on new risk product to help SMEs

The Asian Development Bank through its Trade Finance Programme has signed an agreement with Citi, a leading global bank, to facilitate trade across Asia.
FE Credit comes under inspection for wide-scale harassment

FE Credit comes under inspection for wide-scale harassment

FE Credit has been calling and bombarding customers with messages demanding payment for loans they never took up, prompting an inspection by SBV.
HSBC, ING banks announce blockchain first

HSBC, ING banks announce blockchain first

Banking giants HSBC and ING on Monday said they had carried out a landmark  blockchain transaction aimed at speeding up payment processes and making them more secure.
Shares gain on energy, banking stocks

Shares gain on energy, banking stocks

Vietnamese shares gained on Tuesday morning, thanks to a strong boost from the energy and finance sectors.
Banks warn customers over online scamming

Banks warn customers over online scamming

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) have issued official warnings to customers over online phishing scams.
Halting payments via phone cards: an unequal game?

Halting payments via phone cards: an unequal game?

As mobile operators do not allow using phone cards to pay for non-communications-related activities, domestic software developers decry a disadvantage.
Shares gain on bargain hunt

Shares gain on bargain hunt

Investors increased bargain purchases in Monday morning trade, helping the market close in green.
Comvik ignores AVG scandal and still wants strategic piece in MobiFone

Comvik ignores AVG scandal and still wants strategic piece in MobiFone

Comvik Group has for the third time expressed interest in becoming MobiFone's strategic partner, but the latter's current situation might make things difficult.
Vietnam shares expected to remain firm this week

Vietnam shares expected to remain firm this week

Healthy market growth during the weekend cannot conceal the fact that local stock markets are likely to remain quiet this week, amid an information-missing month in May and rising tensions throughout the globe.
Firms are teaming up to excel in insurance world

Firms are teaming up to excel in insurance world

As more and more insurance companies are looking to co-operate on the ever-changing Vietnamese market, French-backed life insurer Prévoir recently teamed up with Korean counterpart Mirae Asset Life to found Mirae Asset Prévoir.
Unregistered POS payments cause tax losses

Unregistered POS payments cause tax losses

Using unregistered point-of-sale (POS) machines to transfer payment may result in tax losses for the local authorities, according to specialists.
BSR chairman arrested in relation to OceanBank trials

BSR chairman arrested in relation to OceanBank trials

Criminal proceedings have been started against BSR chairman Nguyen Hoai Giang for BSR receiving extra interest payments outside the contract with OceanBank.
Commercial banks discuss M&As - again

Commercial banks discuss M&As - again

After a quiet period, M&As have once again become a hot topic of discussion at banks’ annual shareholders’ meetings. Several big deals are expected to be completed this year.
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