PvcomBank

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PetroVietnam suffers complete loss with Ocean Bank deal

VietNamNet Bridge - The State Bank’s decision to buy Ocean Bank at zero dong means that PetroVietnam, the national oil and gas group, will incur a complete loss in the investment deal.

BUSINESS IN BRIEF 29/10

PVcomBank, PVGas sign co-operation pact; Vietnam violates key economic principles, says minister; State Bank to continue restructuring banking system; Public debt disadvantages new airport project, Transport Minister