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Financials
VAMC announces interest rate for purchased bad debts
16:13 | 18/04
Vietnam Asset Management Company (VAMC) will adjust annual interest rates for purchased bad debts at 10.7, 5.2 and 5.7 per cent for the Vietnamese dong, US dollar and Euro, respectively.
Vietnam bank lending increases for 1st time in 2014
Last month banking credit grew for the first time this year, according to a report released recently by the State Bank of Vietnam.
15:43 | 18/04
HCMC: Credit Grew 0.57% in Quarter I/2014
In Hochiminh City (HCMC), credit rose very slowly in Quarter I/2014, outstanding loans at the end of March grew by only 0.57% from the end of last year, local newswire BizLive reported.
15:23 | 18/04
VietinBank wins prestigious Asset Triple A Award
VietinBank has become the only Vietnamese bank to win a prestigious Asset Triple A Award for the best trade finance service provider in Vietnam.
15:06 | 18/04
''I’m innocent,'' jailed ex-vice chairman of Vietnam bank says
Former Vietnamese banking tycoon Nguyen Duc Kien told a Hanoi court on Wednesday that he has been indicted wrongfully and insisted that all his business activities were legal.
15:04 | 18/04
VIETNAM PRESS-Ho Chi Minh City Securities'' Q1 net profit nearly doubles - Lao Dong
Ho Chi Minh City Securities Corp's net profit nearly doubled in the first quarter of 2014, the Lao Dong (Labour) newspaper reported.
15:01 | 18/04
HCMC: Potentially Irrecoverable Debts Account for over 73% NPLs
Currently, in Hochiminh City (HCMC), potentially irrecoverable debts accounts for over 73% non-performing loans (NPLs), local newswire BizLive reported.
14:43 | 18/04
PGBank Unexpectedly Changes Plan on Merging into VietinBank
Shortly before the shareholder meeting on April 18, Petrolimex Group Commercial Joint Stock Bank (PG Bank) corrected that the bank will merge with another bank but didn’t mention VietinBank, local newswire BizLive reported.
10:41 | 18/04
PGBank hard to become a member unit of VietinBank
Petrolimex Group Commercial Joint Stock Bank (PGBank)’s proposal to merge into Vietinbank (CTG) under the bank-in-bank mode is not in line with the current regulations of the Law on Credit Institutions.
10:27 | 18/04
State Treasury Sells VND3.873 Tln G-Bonds on Arp 17
The State Treasury on April 17, 2014 sold VND3.873 trillion government bonds out of VND8 trillion auctioned at the Hanoi Stock Exchange (HNX) at the yields of 5.66-7.24% p.a, local newswire NDH reported.
09:42 | 18/04
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Other News  
Vietnam Central Bank Net Withdraws VND7,708 Bln on Apr 17
Small banks undergo restructuring through M&A
PV Gas to Divest from SeABank
TABLE-Vietnam banks'' assets, registered capital
Vietnam amongst top 10 global remittance recipients
Vietnam adjourns trial of massive financial scam
Vietnam''''s banking tycoon stands trial
Tycoon on trial as Vietnam counts cost of its rogue bankers
ACB Founder Pleads Not Guilty to Vietnam Fraud, Tax Evasion (1)
VPBank Plans to Raise Charter Capital to VND7.323 Tln and Offer Maximum Shares to Foreign Investors
 
Highlights  
HCMC: Credit Grew 0.57% in Quarter I/2014
HCMC: Potentially Irrecoverable Debts Account for over 73% NPLs
PGBank Unexpectedly Changes Plan on Merging into VietinBank
State Treasury Sells VND3.873 Tln G-Bonds on Arp 17
Apr 18: Vietnam Gold Edges Down to VND35.47Mln/Tael
 
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