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Friday, September 3,2010,10:56 (GMT+7)
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Techcombank launches internet credit card
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Thursday, September 2,2010,00:19 (GMT+7) |
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HCMC – Technological and Commercial Bank of Vietnam, or Techcombank, has combined with Rêv Asia Pacific Co. to launch a virtual card called Rêv Visa Internet Card that allows customers to buy goods via the internet. |
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BIDV to merge two finance leasing firms
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Tuesday, August 31,2010,20:33 (GMT+7) |
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HCMC – Bank for Investment and Development of Vietnam (BIDV) has plans to merge two finance leasing firms under its umbrella into a one-member limited company wholly-owned by the bank with initial capital of VND350 billion. |
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Look-alike SJC gold bars detected in city
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Monday, August 30,2010,22:50 (GMT+7) |
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HCMC – Saigon Jewelry Holding Co. (SJC) announced on Thursday that they had for the first time detected look-alike, if not fake, SJC-branded gold in HCMC. |
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Access to dollar loans grows harder
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Monday, August 30,2010,21:44 (GMT+7) |
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HCMC – Enterprises will find it more difficult to take out bank loans in the U.S. dollar from now to the end of the year given the banking system’s slower mobilization and the country’s trade deficit reduction effort. |
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CIC: Listed firms with excellent ratings up 46%
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Thursday, August 26,2010,20:44 (GMT+7) |
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HANOI – Listed firms rated as excellent this year are up by 46% from last year, according to the results of ratings announced on Wednesday in Hanoi by the Credit Information Center (CIC) of the State Bank of Vietnam. |
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Banks to face stricter rule on real estate loans
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Tuesday, August 24,2010,21:40 (GMT+7) |
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HCMC – Banks have already refrained from making property loans due to difficulties in raising middle and long-term funds and their customers will find it even harder to gain access to real estate loans when a new central bank rule takes effect in early October. |
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ABBank opens SME support center in city
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Friday, August 20,2010,11:07 (GMT+7) |
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HCMC – An Binh Commercial Bank (ABBank) on Wednesday inaugurated a support center for small and medium enterprises (SMEs) at the bank’s Ben Thanh transaction office in the Green Tower building in HCMC’s District 1. |
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Traders keep watchful eye as U.S. dollar rallies
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Friday, August 20,2010,00:17 (GMT+7) |
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HCMC – Most traders are keeping a watchful eye on any new developments on the forex market before deciding whether to revise up prices of commodities following the central bank’s decision to depreciate Vietnam dong by over 2%, although some including steelmakers have made a move. |
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Central bank devalues VN dong by over 2%
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Wednesday, August 18,2010,21:20 (GMT+7) |
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HCMC – The State Bank of Vietnam on Tuesday increased its inter-bank exchange rate between the Vietnamese dong and the U.S. dollar to VND18,932, effective on Wednesday, from the VND18,544 that has been kept unchanged since February. This means a devaluation of the local currency by 2.09%. |
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Agribank starts to recruit JCB credit card merchants
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Wednesday, August 18,2010,21:04 (GMT+7) |
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HCMC - Vietnam Bank for Agriculture and Rural Development, or Agribank, on Tuesday started recruiting JCB credit card merchants in Vietnam based on an agreement signed last year between the bank and JCB International (JCBI), an arm of Japan’s major credit card brand JCB. |
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