January 9, 2012
Ho Chi Minh City police have arrested one Vietnamese and three Malaysian men for allegedly using fake ATM cards to withdraw money from local banks. They are believed to be members of a transnational crime ring. The first arrest, of Co Kim Thach, a 39-year-old resident of District 5, was made on December 30, [...]
Tags: And Credit Cards, arrested, Asia commercial, Asia commercial bank, Atm And Credit, Atm And Credit Cards, Atm Booths, Atm Card, Atm Cards, banks, Banks And Cardholders, Cardholders, cards, Cheng, Commercial, Commercial bank, credit, Credit Cards, December, District, District 11, equipment, Fake Atm, Fake Atm And, Fake Atm And Credit, Fake Cards, hotel, information, Made Atm, Malaysian, Malaysian Men, million, Million And Was, money, numbers, Police, provided, Roughly Made, Roughly Made Atm, Thach, Thach Withdrew, The Atm, The Card, The Information, The Men, The Names, The police, The Transactions, The Transactions Were, They Were Provided, They Were Provided With, To The Police, To Withdraw Money, using, Using Fake, Vnd40 Million, Were Provided, Were Provided With, With The Information, withdraw, Withdraw Money, Withdrew, Withdrew Money, Withdrew Money From, Year old
Posted in Social | Comments Off
September 20, 2011
Asia Commercial Bank’s assets will probably more than triple by 2015, making it the first non- government lender to overtake one of Vietnam’s four biggest lenders, Chief Executive Ly Xuan Hai said. Assets of Asia Commercial Bank, the nation’s fifth-biggest bank, are expected to climb to VND900 trillion ($43 billion) by 2015 from about [...]
Tags: Asia commercial, Asia commercial bank, assets, At The End, banks, Commercial, Commercial bank, confidence:, Ldquo, market, Market Share, Moody, Non State Owned, Non State Owned Banks, Non-state, owned, Owned Banks, percent, Rdquo, Rdquo Asia, Rdquo Asia Commercial, Rdquo Said Hai, Said Hai, Standard chartered, state, State Owned Banks, State-owned, The bank, The Nation, This month, Top Four, trade, trillion, Vietnam
Posted in Business | Comments Off
April 16, 2011
Local banks have lowered their interest rates on dollar deposits. Economists and bankers are expecting a switch from dollar holdings to dong assets after the central bank capped the interest rate on dollar deposits. The State Bank of Vietnam has capped dollar deposit rates at 3 percent for individuals and 1 percent for institutions, effective [...]
Tags: 14 Percent, Asia commercial, Asia commercial bank, Asia Commercial Bank Said, Bank Association, Bank Said Dollar, Bankers, banks, Central bank, Commercial bank, Commercial Bank Said, currency, deposits, Deposits The State, Deposits The State Bank, dollar, Dollar Deposit, Dollar Deposits, Dollar Loans, Dong Deposits, Foreign, Foreign Currency, interest, Interest rate, Interest rates, lending, Lending Rates, loans, Local, Local Banks, Local Banks Have, New Rule, Of Asia Commercial, Of Asia Commercial Bank, On Dollar Deposits, On Dong Deposits, On The Dong, percent, Rate Cap, rates, Said Dollar, State bank, The Cap, The central, The central bank, The Dong, The new, The New Rule, The Rate, The Rate Cap, The state, The state bank, To Raise Their, Vietnam, Vietnam Bank, Vietnam Bank Association
Posted in Business | Comments Off
January 31, 2010
A woman talks on the phone at Asia Commercial Bankâs gold trading floor in Ho Chi Minh City Vietnam gold exchanges said they would close far ahead of the governmentâs deadline due to a halting decline in trading volumes. Earlier this month, the State Bank of Vietnam told banks to halt lending for gold investments [...]
Tags: 000 Taels, Asia commercial, Asia commercial bank, Co Floor, Commercial bank, Deputy general, Deputy general director, director, exchange, Eximbank, floor, floors, General, General director, Gold Exchange, Gold Exchanges, Gold Trading, Gold Trading Floor, Gold Trading Floors, Its Gold, January, Lay Offs, lending, Other Positions, percent, Said They Would, Taels, The country, The Decision, The Floors, To Other Positions, trade, Trade Volume, trading, Trading Floor, Trading Floors, Vieta Bank, Vietnam, Vietnam Gold, volume
Posted in Business, News | Comments Off
November 18, 2009
Tuan Tai gold shop, one of HCMC’s biggest private bullion traders, on Monday suspended its operations as police raided the store in the center in District 5. The electronic board of Tuan Tai gold shop still displays gold prices on November 16, but its operations stop as the shop owner is suspected of having run away [...]
Tags: Asia commercial, Asia commercial bank, banks, By The Daily, Commercial, Commercial bank, company, exchanges, Foreign Exchanges, Gold Exchanges, Gold Shop, Gold Trading, Gold Trading Companies, Its operations, Monday, Monday Afternoon, Of The Shop, On Foreign Exchanges, On Monday Afternoon, owner, Said The Shop, Said The Shop Owner, Shop Owner, Shop Owner Had, The Daily, The Gold, The Shop, The Shop Owner, The Shop Owner Had, The Shop Said, trading, Trading Companies, Tuan Tai
Posted in Business, News | Comments Off
August 25, 2009
A teller counts US dollar notes at a branch of Vietcombank in Ho Chi Minh City Businesses have gone back to borrowing US dollars for the last two months because of slight fluctuations in the exchange rate between the dong and the greenback, bankers have said. Mai Tong Ba, director of the Saigon branch of [...]
Tags: Asia commercial, Asia commercial bank, branch, Businesses, Central, Central bank, Chi minh, Chi minh city, Commercial, Commercial bank, dollar, Dollar Loans, dollars, Foreign, forex, Ho Chi, Ho Chi Minh, Ho Chi Minh City, loans, Minh city, percent, rates, The central, The central bank, The Dong, The Rate, This year
Posted in Business, News | Comments Off
August 10, 2009
Banking stocks climb on listing plans; TKV steps up investment in thermo-electric power projects; Vietnam SMECOOP 2009 to be held The Asia Commercial Joint Stock Bank (ACB) and the Standard Chartered Bank (Vietnam) Ltd. signed Saturday an agreement that allows the latter to expand its banking coverage in Vietnam by using ACB’s branch network. UK-based [...]
Tags: announced, Asia commercial, Bank And Saigon, Bank Has Vnd3, Bank Vietnam, banking, Banking Stocks, banks, Cam Pha, capacity, Cash Management, chartered, Chi minh, Chi Minh Stock, Chi Minh Stock Exchange, Co Operatives, Co Operatives And, Co Operatives And Businesses, Commercial, Commercial bank, corporate, Corporate Customers, customers, Electric, Electric power, Electric Power Plant, Electric Power Plant With, Electric power plants, Electric Power Projects, exchange, Eximbank, Eximbank Shares, Hanoi, Has Vnd3, Ho Chi, Ho Chi Minh, Ho Chi Minh Stock, In The Coming, In Thermo Electric, In Thermo Electric Power, investment, investors, Its Shares, Joint stock, Ldquo, listed, listing, Listing Plans, military, Military Bank, million, Minh Stock, Minh Stock Exchange, National, Operation, Operatives, Operatives And Businesses, plans, plant, power, Power Plant, Power Plant With, Power plants, Power Projects, products, Rdquo, Saigon, Saigon Commercial, Saigon Commercial Bank, Saturday, securities, shares, Smecoop, Smecoop 2009, standard, Standard chartered, stock, Stock Exchange, The Capacity, The Coming, The fair, The Ho, The national, The Two Banks, Thermo, Thermo Electric, Thermo Electric Power, Thermo Electric Power Plant, Thermo Electric Power Plants, Thermo Electric Power Projects, This year, This Year Tkv, trillion, Two Banks, Vietnam, Vietnam Smecoop, Vietnam Smecoop 2009, With The Capacity, Year Tkv
Posted in Business, News | Comments Off
August 5, 2009
Customers register to buy apartments of a luxury project in Ho Chi Minh Cityâs District 7 Local lenders say they are applying tightened policies on property loans but will continue providing credit to meet genuine demands of home buyers. Ho Xuan Nghiem, deputy general director of Sacombank, said his bank has been cautious with real [...]
Tags: Asia commercial, Asia commercial bank, Asia Commercial Bank Said, banks, buyers, Chi minh, Chi minh city, Commercial, Commercial bank, Commercial Bank Said, Consumer Loans, credit, Credit Growth, customers, Deputy general, Deputy general director, Estate Loans, General director, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Home Buyers, Home Loans, Last month, lending, loans, Loans This Year, Minh city, percent, property, Property Loans, Property Speculators, Real Estate Loans, real-estate, Restrain Lending, Speculators, The bank, This year, To Property Speculators
Posted in Business, News | Comments Off
July 13, 2009
LookAtVietnam – Solid increases last Monday saved both the VN-Index and HNX-Index from posting another overall week of declines, but a stagnant market and slowing volumes throughout the remainder of last week were nothing to write home about. On the Ha Noi Stock Exchange, the HNX-Index also posted a miniscule advance on the week, closing [...]
Tags: 146 37, 37 Points, 42 Per, 42 Per Cent, 42 Per Cent From, Also Posted, Artex Securities, Asia commercial, Asia commercial bank, Asia Commercial Bank Acb, Average, Bank Acb, But Trades, But Trades Could, Cent From Friday, Cent From The, Cent From The Previous, Commercial bank, Commercial Bank Acb, earnings, economic, exchange, Exchange The Hnx, Exchange The Hnx Index, Foreign investors, Friday, From The Previous, From The Previous Friday, From The Previous Week, Global economic, Ha Noi, Ha Noi Stock, Ha Noi Stock Exchange, Hcm city, Hnx Index, Hnx Index Also, Hnx Index Also Posted, index, Index Also Posted, investors, Last week, market, Market Volume, million, Million Shares, Miniscule Advance, Noi Stock, Noi Stock Exchange, Noi Stock Exchange The, Of Total Market, On The Hcm, On The Hcm City, On The Week, On The Week Closing, Per cent, Per Cent From, Per Cent From Friday, Per Cent From The, points, previous, Previous Friday, Previous Week, securities, shares, stock, Stock Exchange, Stock Exchange The, Stock Exchange The Hnx, The global, The global economic, The Ha, The hcm, The Hcm City, The Hnx, The Hnx Index, The Hnx Index Also, The Listing, The market, The previous, The Previous Friday, The Previous Week, The Vn, The week, The Week Closing, Total Market, trades, VN-Index, volume, Week Closing, Week Earlier
Posted in Business, News | Comments Off
July 12, 2009
Customers open accounts at Sacombank’s Ha Noi branch. LookAtVietnam – Commercial banks plan to slow the growth of credit through the remainder of the year following significant increases in the first half, driven largely by the impact of the Government’s subsidised interest-rate loan programme.Banks have so far lent more than VND372 trillion (US$20.9 billion) under [...]
Tags: 26 Per, 26 Per Cent, Asia commercial, Asia commercial bank, At The End, banks, billion, Commercial, Commercial bank, Commercial banks, consumer, Consumer Lending, credit, Credit Growth, Entire Year, first, For The Entire, For The Entire Year, growth, In The First, In The First Half, interest, Interest rates, lending, loans, Of The Year, Of Viet Nam, Per cent, State bank, target, Target For The, Target For The Entire, The Entire, The Entire Year, The first, The First Half, The government, The year, trillion, Viet Nam
Posted in Business, News | Comments Off
