Banking Vietnam Latest Information

Banking Vietnam Latest Information

APG supports Vietnam's fight against money laundering and terrorist financing
The Asia-Pacific Group will support Vietnam in preventing monetary laundering and combating the financing of terrorism, the Banking Inspectorate and Supervision Department of the State Bank of Vietnam .....

Vietnam's banking sector set for wave of M&A
Ho Chi Minh (Viet Nam News/ANN) - The banking sector in Vietnam will see big changes in the first quarter, with focus on mergers and acquisitions, the central bank chief has said.

Vietnam banking sector set for surge in M&A activity this year
An upswing in mergers and acquisitions in the banking system will occur this year, bringing the number of banks in Vietnam to below 30, the Dau Tu (Investment) newspaper has reported, citing experts.

No banking crisis in Vietnam, says central bank
HANOI, Jan 12 — Vietnam is not experiencing a banking crisis, despite a quick increase in non-performing loans recently and plans to restructure the troubled sector, the central bank governor, Nguyen Van Binh, said today. “There is no banking crisis in Vietnam,” Binh said in remarks carried live on state media. Economists have expressed growing ...

Moody’s says Vietnam banks most exposed to Europe crisis
Banks in Australia, New Zealand, South Korea and Vietnam are among the “most exposed” in the Asia-Pacific region to a sudden worsening of Europe’s sovereign debt crisis, Moody’s Investors Service said.

Vietnam's banks set for wave of M&A
VIETNAM - The banking sector in Vietnam will see big changes in the first quarter, with focus on mergers and acquisitions, the central bank chief has said.

Vietnam Staff Da Nang and Central Vietnam
Mark Conroy has been with East Meets West since 1994 and has held his current position, as Senior Advisor and Da Nang Office Representative, since March 2009. Prior to that, he was EMW’s Country Director for 15 years. His tenure at EMW was preceded by a wide variety endeavors.

Vietnam Signals Rate Cuts as Asia’s Fastest Inflation Eases
Vietnam signaled that it may cut policy interest rates to “more suitable” levels after the first quarter and weaken the dong this year as Asia’s fastest inflation eases.

Financial, banking workers command highest salaries in Vietnam
Workers in the finance, banking and insurance receive the highest average salaries in Vietnam, according to the latest survey by the Ministry of Labour, Invalids and Social Affairs. Employees of the .....

Vietnam cuts reserve levels to lift agriculture loans
Vietnam’s central bank on Friday cut the compulsory reserves level for banks with large agriculture lending to one-fifth the regular rate from February through July.

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