US dollar exchange rate hits new record

US dollar exchange rate hits new record

The State Bank of Vietnam on September 3 listed the reference exchange rate at VND23,139 per dollar, an increase of VND6 per dollar over the last weekend, the highest level since the beginning of this year.
Japanese bank holds 15 percent stake in Vietcombank

Japanese bank holds 15 percent stake in Vietcombank

The State Bank of Vietnam’s Governor has recently allowed Japanese bank Mizuho to buy more shares of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to maintain its ownership ratio of 15 percent via private placement.
A Vietcombank branch in HCMC

Vietcombank to sell 10 percent shares to foreign investors

State Securities Commission of Vietnam said that it has received documents from Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to sell 10 percent shares of the bank to foreign investors.
Saigontourist Golf Tournament organizers plan to offer 500 scholarships

Saigontourist Golf Tournament organizers plan to offer 500 scholarships

On the occasion of Saigontourist Holding Company’s 43rd anniversary, organizers of Saigontourist Golf Tournament 2018 kicked of the event with expectation to collect VND600 million($25,848) to the Ho Chi Minh City Sponsoring Association for Poor Patients.

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.

A chicken egg processing plant of Ha Huan Company, loaned by Vietcombank

Vietcombank lowers loan interest rate to 6 percent

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has become the first bank cutting loan interest rate this year to implement the Government’s Resolution 01 issued on January 1.
VPBank prepares for listing on HOSE

VPBank prepares for listing on HOSE

The Ho Chi Minh City Stock Exchange (HOSE) said over 1.33 billion shares of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will officially be listed on the HOSE, code VPB, from August 17 with the reference price of VND 39,000 per share.
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.