With 30 years of banking and finance experience, Nguyen Thuy Hanh steps into her new role as Standard Chartered’s CEO for ...

VPBank and HDBank now own GPBank and DongABank, respectively. Vietnam has transferred ownership of two “poor-performing” credit institutions to two larger state-owned banks. On 17 January 2025, the ...

Vietnam's central bank directed two leading commercial banks to take over underperforming rivals on Friday, as part of a ...

The State Bank of Vietnam (SBV) has ordered two lenders to take over two underperforming banks.

The bank will distribute PJICO’s non-life insurance products. Shinhan Bank Vietnam Limited and Petrolimex Insurance ...

The State Bank of Vietnam has completed the mandatory transfer of CB Bank, MBV, GPBank, and DongA Bank to leading commercial ...

The Tet (Lunar New Year) is the time when the amount of remittances transferred to Vietnam increases due to the demand of ...

HANOI, Jan 17 (Reuters) - Vietnam's central bank directed two leading commercial banks to take over underperforming rivals on Friday, as part of a drive to restructure the banking system and ...

Vietnam’s economy showed impressive 7.4% GDP growth in Q3-2024, driven by exports and FDI. However, weak domestic demand, ...

The State Bank of Vietnam on Friday transferred ailing lenders DongA Bank and GPBank to HDBank and VPBank, respectively, ...

The U.S. dollar plunged against the Vietnamese dong and major peers, especially the Japanese yen, on Friday morning.