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VietinBank wants to sell skyscraper project

Construction of the mixed-use development has been stalled for years.

VietinBank lags behind in race among the state-owned banks

While both Vietcombank and BIDV announced significant profit growth, Vietinbank remained quiet and kept secret until the end.

Vietinbank plans to sell $441-million project in Ciputra urban area

Due to the restricted investment capital and the underexploited project, Vietinbank has asked its shareholders for the partial or whole transference of Vietinbank Tower project.

VietinBank Insurance offers 25-per cent stake to Korean partner

The deal will raise VietinBank Insurance Co., Ltd´s capital to $28.6 million so as to improve its balance sheet and expand its operations.

IFC seeks buyers for its $350 million-stake in VietinBank

IFC's investment in VietinBank increased more than two times in local currency VND after seven years.

Merger of VietinBank and PG Bank comes a sad ending

An unknown future holds for PG Bank after the collapse of the merger between VietinBank and PG Bank.

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.

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.

Vinh Tan 4 Thermal Power Project borrowed a syndicated loan of US$237.5 million

The expansion of Vinh Tan 4 Thermal Power Project has a total investment of VND23 trillion (more than US$1 billion) and is expected to come into operation at the end of 2019.

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