From investors' perspective, Vietnam's banks are among the most palatable in Asia at present.
Shares of Vietcombank have risen 31 percent this year, outpacing the 16 percent gain in the benchmark VN Index
GIC will purchase 305,810,895 new shares in Vietcombank as part of the deal
GIC would be the third-biggest investor in Vietcombank
Vietnam's top lender by market value plans to issue new shares to foreign investors
The lender is working with Credit Suisse to study potential investors and expects a deal to come this year
The bank cut bad debts to 1.76 percent of loans last year, from 2.29 percent in 2014.
Vietnam’s benchmark stock index climbed the most since October, rebounding in late trading after recent declines dragged valuations to their...
The government owns stakes in four of them though divestment is on the cards
The bank estimated pretax profit at $274 million, up just 0.4 percent from last year.
Vietcombank, Vietnam's top listed bank by market value, made a gross profit of 5.68 trillion dong ($266 million) last year, up...
Vietnam Airlines raised roughly VND1.09 trillion (US$51.3 million) in its initial public offering on Friday, meeting its expectations though...
Four Chinese nationals were sentenced Tuesday to jail terms by a court in Vietnam's Hai Phong City for cloning credit cards and...
Hanoi police announced the arrest of four Chinese nationals, Monday, for orchestrating a credit card scam that allegedly involved Vietnamese taxi...
The state-owned asset management company said it failed to achieve the first quarter target but was hopeful of hitting the...