The headquarters of Vietcombank in Hanoi (Photo: VNA)

Vietcombank among 30 strongest banks in Asia-Pacific

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has become one of the 30 strongest banks in the Asia-Pacific region in the recent rankings of The Asian Banker magazine.
The limit is relatively low as prices in some foreign countries are 20-30 times higher than Vietnam. - Photo thebank.vn

Cash withdrawal limit in foreign countries set at VND30 million

Commercial banks have to adjust the limit of cash withdrawals in foreign currency abroad to the maximum equivalent of VND30 million (US$1,280) per day for international credit and debit cards from early this year to meet a central bank regulation.
At the signing ceremony

PvcomBank & TNA sign comprehensive cooperation

Dai Chung Vietnam Commercial Bank (PvcomBank) and Thien Nam Import-Export Trade Corporation (TNA) jointly signed comprehensive cooperation, on November 21 in HCMC.
VNPT & SeABank at the signing ceremony -Photo: DTTC

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Payments for e-commerce transactions must be made via banks or authorised payment intermediary services, according to the draft of the amended Law on Tax Management.— Photo cafef.vn

Draft law lifts banks’ role in e-commerce

Payments for e-commerce transactions must be made via banks or authorised payment intermediary services, according to the draft of the amended Law on Tax Management.
Most commercial banks have raised interest rates on property loans because of soaring prices in the market. Photo nld.com.vn

Banks tighten lending rules

Many commercial banks in the country have increased loan interest rates by 1-2 per cent to investors in real estate as property prices continue to rise.