VietNamNet Bridge – Banking has been named as the leading sector in terms of embezzlement with 9 out of the 10 embezzlement cases treated in 2013.

 VietNamNet Bridge – Commercial banks have laid off thousands of workers because of the bad business performance.

 VietNamNet Bridge – Dinh Minh Tuan from the Advisory Council to the National Assembly Committee for Economic Affairs tells Countryside Today newspaper that banking sector reform remains a crucial priority.

 VietNamNet Bridge – Economic experts have urged the Government to take drastic measures against “cross ownership and manipulating ownership” in local banks to restore order in the country’s financial and banking sector.

 VietNamNet Bridge – Vietnam’s prime minister has confirmed that in the near future, the country might hike the foreign investment cap on local banks to a maximum of 49 per cent.

VietNamNet Bridge – The Viet Nam Asset Management Company (VAMC) may fall well short of its target to remove VND70 trillion worth of non-performing loans from the nation's banking sector this year.

 VietNamNet Bridge – The Asian Development Bank’s country director for Vietnam, Tomoyuki Kimura, talked over macroeconomic issues in Vietnam, especially the settlement of bad debts.

 PM orders agencies to tighten their belts; Drop in profits revealed by BVS; Banking sector remains tainted by widespread corruption; Construction ministry outlines housing strategy; Metro pulls sturgeon from its shelves

 VietNamNet Bridge – From January to May 2013, the State Bank of Vietnam (SBV) found 21 corruption cases, related to nearly VND683 billion ($34 million), over 561 taels of gold and $50,000.

 VietNamNet Bridge – Foreign investors are looking for room to grow in the banking sector.

The Bank of Tokyo’s investment in Vietinbank was the biggest merger and acquisition (M&A) deal in 2012. Foreign groups now keep pouring money into the insurance and building material enterprises.

The number of Vietnamese commercial banks would decrease from 39 currently to 13-15 by 2017, according to Stoxplus, a finance information service firm.

Commercial banks continue recruiting more officers, and though the average income decreased in 2012, bank officers still had sky high monthly salaries, which were the dream of the workers in other business fields.

 The road to recovery is now open, Greek Prime Minister Antonis Samaras said on Tuesday evening on the results of the agreement clinched between the eurozone and the International Monetary Fund on the Greek bailout and debt.