Techcombank, Vietcombank win big at finance cybersecurity competition
The competition involved a simulation of a cyberattack against major financial institutions
Vietnam’s forex reserves hit all-time high of $80bn
This is a record figure to date
S. Korean lenders can invest in Vietnam by buying weak banks: deputy PM
The Vietnamese government will not license the establishment of new foreign-invested banks until the end of 2020
Vietnam's BIDV plans to sell 15 pct stake to S. Korean bank
State ownership at BIDV will drop to less than 90 percent following the deal
Vietcombank appoints former HSBC Vietnam CEO as retail head
The appointment marks the first time a foreigner has held senior executive office in the bank’s 55-year history
HSBC boss defends Swiss account as bank profits slump
Chief executive Stuart Gulliver was forced to react to a report about his finances in The Guardian newspaper, which has led coverage in Britain of an international tax-dodging scandal at the bank's Swiss division
HSBC chief kept millions in Swiss account: report
It is the latest in a stream of so-called "Swissleaks" allegations that have hit the reputation of the British banking giant and caused a political storm ahead of a general election in May.
Foreign banks close branches to switch to new model
There many reasons for the closures including the fact that some banks have changed their operational model to operate as 100-percent foreign-owned banks in Vietnam
Vietnam’s 2th largest bank divests from Malaysian joint-venture to increase liquidity
The Bank for Investment and Development of Vietnam has sold a 50 percent stake it held in the joint venture VID Public Bank for about $77 million, according to a report of Ho Chi Minh Securities Corp
VN’s economy relatively resilient, but core problems persists: Fitch
Medium-term economic prospects and the sovereign's credit profile remain weighed down by the slow pace of asset restructuring in the banking sector and sluggish reforms of State-owned enterprises (SOEs)