Merge

Update news Merge

Vietinbank, PG Bank could merge in first quarter 2016

 VietNamNet Bridge – Vietinbank and PG Bank did not finalise procedures to merge in 2015 as planned, according to Vietinbank's chairman Nguyen Van Thang.

BUSINESS IN BRIEF 8/3

 Sacombank, Phuong Nam could merge; HSBC: Vietnam’s CPI to rise 6.5 percent; Bird flu takes toll on livestock industry; Thousands of businesses set up in two months; Ministry maintains petrol retail prices

CEO of newly-merged SCB Bank resigns

 VietNamNet Bridge - From October 15, Mr. Vo Tan Hoang Van - Vice President has been official the CEO of SCB Bank, replacing Mr. Le Khanh Hien, who resigned for personal reasons.