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Update news cash dividends
Insurer Bao Viet Holdings (BVH) and the Bank for Investment and Development of Viet Nam (BIDV) have approved plans of paying cash dividends worth combined US$236 million in the next two months.
Ten domestic commercial banks have been piloting Basel II, a set of banking regulations put forth by the Basel Committee on Banking Supervision, since late last year, as part of measures required by SBV to restructure the local banking system.