5 Vietnamese business tycoons remain on Forbes’ billionaire list
The bear market has taken a toll on the net worth of many Vietnamese billionaires
The bear market has taken a toll on the net worth of many Vietnamese billionaires
The competition involved a simulation of a cyberattack against major financial institutions
Due to the overwhelming response from the international syndication market, the facility amount was increased to $500 million to help accommodate the oversubscription
Account holders also reported inter-bank transfers suffering delays
Techcombank recorded PBT for the quarter ended March 31, 2020 of VND3.121 trillion ($132.09 million), up 19.2 percent versus a year ago
Vietnam’s biggest private-sector lender fell 20 percent, the maximum permissible trading limit
The bank expects to benefit from surging demand for various financial services in Vietnam’s fast-growing economy
At the reference price, the bank is valued at 149 trillion dong ($6.54 billion)
Warburg is investing in Techcombank through two separate legal entities managed by the private equity firm