Deposit interests and dividends were the two main sources of income for the State Capital Investment Corporation (SCIC).

 VietNamNet Bridge – Commercial banks have started charging fees on ATM withdrawals without improving their services.

 VietNamNet Bridge – Few banks are prepared to begin collecting fees for automatic teller machine (ATM) transactions beginning on Friday,

Just some months after they were extolled as the next-generation businessmen, the young entrepreneurs born in 1980s have resigned from their posts amid the astonishment.

The State Bank of Vietnam (SBV) plans to re-impose the regulation on the ceiling lend-to-deposit (LDR) ratio.

Misfortune does not come alone. The banking sector, which has bogged down in the high bad debt ratio and big corporate governance problems is also facing the wave of investors’ capital withdrawal.

The total debts of 1,300 trillion dong incurred by SOEs have been described by the Steering Committee for Enterprise Renovation and Development as “within the safety line.” Meanwhile, economists do not think so.

Unlike 2012, commercial banks now can easily mobilize capital from the public. However, the capital flow has got stuck, because banks cannot push up lending.

Mekong Delta’s tra fish exports aim for US$2 bil; 2013 predicted to open up prospects for Vietnamese goods; Starbucks plans more Vietnamese coffee purchases; Exports to ASEAN region increase 25.7 pct in 2012

VietNamNet Bridge – Vietnam’s restructuring banking industry is moving ahead with plans to cut staff after initially announcing plans to cut salaries and bonuses for their staff in the 2013 Lunar New Year. 

Commercial banks have warned that the credit flow may get stuck when the new regulation on debt classification takes effects on June 1, 2013.

 VietNamNet Bridge – Eximbank (EIB) and Sacombank (STB) late yesterday, Jan 29, signed a five-year co-operation agreement which will pave a way for a likely merger between two of the biggest commercial banks in Viet Nam.

The world's top banking regulatory body on Sunday eased the first global liquidity rules scheduled to start applying to banks in 2015 and aimed at improving their ability to survive financial crises.

The biggest obstacle for finance institutions to expand consumer finance services is the government’s policy which does not give support to the sector.

Seventeen banks and 14 companies will be granted licences to trade gold bars from next year, when the country implements tightened regulations to better manage the gold market.

The best thing of the 2012 is the stabilization of the dong/dollar exchange rate. The worst is the bad business performance of commercial banks.

Seafood exports to surf past $6 billion this year; Viet Nam among five biggest investors to Cambodia; Banks face threats despite improved balance sheets; Giants crush mom'n'pop retailers; Income tax exemptions to rise

When the ceiling deposit rate fell to 8 percent, the interest rate on the open market also reduced to 7 percent/year. Immediately, transactions on the open market operations (OMO) strongly increase. vious 6 weeks.

The decision by the State Bank of Vietnam to slash the ceiling deposit interest rate by one more percent is believed to make no upheaval to the monetary market. The local currency would still be attractive in the eyes of Vietnamese.

Natural resources need careful management; Construction starts on national highway; Vietnam has first company to join ACGA; Fire sale on securities firm; Minister calls for halt to Hanoi’s inactive realty projects