Central bank puts brake on ATM withdrawal charges

Central bank puts brake on ATM withdrawal charges

As several local lenders planned to raise fees for cash withdrawals at ATMs, the State Bank of Vietnam put brake on the fee hike, the central bank confirmed the news yesterday.
Vietnam State bank orders stop ATM fee hike

Vietnam State bank orders stop ATM fee hike

Three big banks Agribank, Vietinbank and Vietcombank stopped ATM fee hike plan after the State Bank of Vietnam ordered to stop ‘fee hike’ race.

Investors at ACB Securities Company in Hanoi (Source: VNA)

VN-Index sets new nine-year high

Shares continued to climb on August 1 on the two stock exchanges, backed by strong gains of oil stocks after global oil prices recorded the strongest month of the year.
104 businesses get extra of $1.47 billion low interest loans in HCMC

104 businesses get extra of $1.47 billion low interest loans in HCMC

Twenty one branches of Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) signed credit contracts to loan 104 businesses VND32.872 trillion (US$1.47 billion) at the low interest rate of 6-8 percent a year this morning in HCMC.

$139 million in preferential loans for businesses

Four commercial banks namely Sacombank, Vietinbank, Vietcombank and Agribank yesterday signed an agreement to provide 34 businesses in District 1 with VND3,109 billion (US$139 million) in preferential loans to overcome difficulties and develop production in Ho Chi Minh City.
VND 5,5trillion to build Duyen Hai Electricity Center's seaport

VND 5,5trillion to build Duyen Hai Electricity Center's seaport

Four comercial banks including the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Vietinbank, the Bank for Investment and Development of Vietnam (BIDV) and Vietnam Bank for Agriculture and Rural Development (Agribank) will co-sponsor the Duyen Hai Electricity Center’s seaport project under Electricity of Vietnam with a total capital of VND 5,500billion.
Appeal court upholds life sentence on ex-banker in fraud case

Appeal court upholds life sentence on ex-banker in fraud case

The appeal court upheld the life imprisonment sentence for Huynh Thi Huyen Nhu, former deputy chief of the Risk Management Department of the Ho Chi Minh City branch of the Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), on January 7.