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Techcombank to increase charter capital threefold up to $1.53 billion

A plan to increase the charter capital up to $1.53 billion from $504 million to become the third largest bank in Vietnam was approved in shareholders' extraordinary meeting of Techcombank held yesterday.

SonKim Land develops an over $320 million project in Thu Thiem New Urban Area

Quoc Loc Phat Joint Stock Company together with SonKim Land and Vietcombank have successfully signed a strategic cooperation agreement to officially kick off the Metropole Thu Thiem project in Thu Thiem New Urban Area, District 2, Ho Chi Minh City.

Vietcombank nominated FPT's Chairman as Board member

Truong Gia Binh, Chairman of FPT was recommended as an independent member of the Board of Directors of Vietcombank at the annual shareholders meeting of the bank just held.

Taking position in $439 million of pretax profit - race of Tecombank and VPBank

The ambitious targets set by banks in 2018 forecast that the private banks will usurp the state owned commercial ones.

Billionaires in the hand of banks

Being a billionaire by owning billions of dollar of assets, many Vietnamese businesses use these assets to secure their loans or related companies at banks.

Vietcombank gains US$14.6 million from sale of 7.6 million shares of Vietnam Airlines

Vietcombank (stock code: VCB), the largest commercial bank in Vietnam by market capitalization, has earned VND334 billion (US$14.6 million) after selling 7.6 million shares in Vietnam Airlines (stock code: HVN).

Techcombank vies for revenue with VPBank to climb up top five profitable banks

Techcombank announced that its pretax profit in 2017 reached over VND8.03 trillion (US$354.4 million), doubling that in 2016 and naming Techcombank in Vietnam’s top five profitable banks.

VPBank's profit ranked fourth, surpassing Agribank

VPBank's profit in 2017 surpassed Agribank and was only lower than that of Vietcombank, Vietinbank and BIDV.

BNP Paribas divests entire stake from the Orient Commercial Bank

According to Orient Commercial Bank (OCB), BNP Paribas has sold all 74.7 million shares in OCB and is no longer a shareholder.

Vietcombank to sell nearly 19 million shares of OCB at US$0.57 each

With the initial offer price of VND13,000 (US$0.57) each, Vietcombank may earn VND246 billion (US$10.8 million) from the sale of around 19 million shares of Orient Commercial Joint Stock Bank (OCB).

Stock indexes
968.88 4.6 0.48
Volume: 151,000,000 Value: 3,511 (Billions VNĐ)
108.02 0.1 0.09
Volume: 32,000,000 Value: 441 (Billions VNĐ)
51.47 0.08 0.16
Volume: 12,000,000 Value: 200 (Billions VNĐ)
949.23 -0.95 -0.1
Volume: 45,000,000 Value: 1,608 (Billions VNĐ)