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SBV revokes National Australian Bank’s representative office license

The central bank has issued Decision No. 1197/QD-NHNN on June 7 to invalidate National Australian Bank (NAB)’s license to operate as a representative office in Hanoi.

ANZ optimistic about Vietnam's economic growth

Vietnam would experience strong GDP growth this year and next, as it continues to attract FDI inflows and expand their manufacturing base, according to the head of Asia research at Australia & New Zealand Banking Group Ltd.

Vietnam's inflation forecasted to rise as food and oil prices add to upside pressure

Inflation in Vietnam has been on a gradual uptrend, reaching 3.9 per cent this May and expected to be 3.6 per cent in 2018, according to ANZ bank.

Vietnam is about to have another 100% foreign-owned bank

On July 19, the Governor of State Bank of Viet Nam (SBV) Le Minh Hung on Wednesday gave approval in principle to the Singapore’s United Overseas Bank Limited (UOB) to open a 100% foreign owned bank in Viet Nam.

Stock indexes
1,290.18 7.09 0.55
Volume: 1,012,175,340 Value: 25,868 (Billions VNĐ)
243.92 1.07 0.44
Volume: 86,932,926 Value: 1,862 (Billions VNĐ)
91.48 0.3 0.33
Volume: 39,453,046 Value: 586 (Billions VNĐ)
1,303.2 14.43 1.12
Volume: 336,980,786 Value: 11,682 (Billions VNĐ)