New rule shows the central bank has become much more determined to solve the toxic debt problem
The bank will request the required approvals from regulators in the United States to create the subsidiary.
Hanoi-based GP.Bank, by assets, is among the smallest of Vietnam's nearly 40 partly private lenders.
But Vietnam's central bank assuages fears saying it keeps a close eye on the situation
Vietnam Development Bank, Vietcombank and BIDV are likely to lose what they lent
Vietinbank, BIDV and Vietcombank are in the Global 2000, though at low positions
The country is believed to have one of the most attractive banking markets in the region
The bond sale would be one of the biggest to be offered by a local firm on Vietnam's capital market...
But the rapidly appreciating bank shares have prompted concerns about relying too much on foreign investors
The central bank and the government have said this year the monetary authority can take over weak banks and force...
At least there are six potential M&A deals involving some of the country's top lenders
The Duyen Hai 3 power plant has a total investment of $1.08 billion.
The central bank has said it expects six to eight mergers this year, while the long-term goal is to bring...
BIDV, Vietnam's second-biggest bank by assets, has won approval to list on the Ho Chi Minh Stock Exchange at an...
One was caught trying to withdraw money in downtown HCMC