insurance sector says it is covered for any decline Insurance sector says it is covered for any decline

By Hong Tam 18:13 | 07/08/2006

A high-profile member of the insurance sector has rejected claims the industry is in crisis. Vietnam Insurance Association general secretary Phung Dac Loc said the slowing number of life insurance policies signed does not indicate ...

banks tussle for deposits Banks’ tussle for deposits

By Nguyen Hong 18:13 | 17/07/2006

Vietnamese commercial banks are in a race for more funds, both in Vietnamese dong and US dollars, by hiking deposit ...

foreign stake holdings of banks capped Foreign stake holdings of banks capped

By Van Anh 18:13 | 13/07/2006

The State Bank of Vietnam has fixed the total portion of stakes held by foreign institutional and individual investors in ...

SBV lays down the law

By Van Anh 18:13 | 26/06/2006

The State Bank of Vietnam (SBV) will lift the required minimum chartered capital to newly established commercial banks in Vietnam ...

foreign banks prepare to branch out Foreign banks prepare to branch out

By Van Anh 18:13 | 19/06/2006

The banking industry is bracing itself for the opening of foreign banks’ 100 per cent foreign-invested subsidiaries by April next ...

new decree frees foreign currency New decree frees foreign currency

18:13 | 05/06/2006

Current transactions using foreign exchange for payments, imports and exports will enjoy more freedom and will likely no longer need ...

vietnam key for hsbc priority Vietnam key for HSBC priority

By Hong Minh 18:13 | 30/05/2006

HSBC has named Vietnam as one of its top priority markets in the Asia-Pacific region. “Vietnam is a huge potential ...

insurance game starts heating up Insurance game starts heating up

18:13 | 22/05/2006

The local insurance industry is expected to boom with the entrance of more foreign-invested firms to the local market as ...

interfood preps ipo ingredients Interfood preps IPO ingredients

By Nguyen Hong 18:13 | 15/05/2006

Malaysian-owned foodstuff and confectionery producer Interfood will sell more than 3.65 million shares early next month in a move to ...

bidv first off block to get global ratings BIDV first off block to get global ratings

By Van Anh 18:13 | 08/05/2006

The State-owned Bank for Investment and Development of Vietnam has become the first bank in the country to be assessed ...

sale limits relaxed for banks Sale limits relaxed for banks

By Van Anh 18:13 | 03/05/2006

Foreign credit institutions may be allowed to acquire shares in up to two joint stock commercial banks and up to ...

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