After 12 years of establishment and development (1998 -2010) MHB have made massive progresses include expanding network up to 220 POS (Point of Sale) nationwide with customers’ service hotline, 3 million dollar investment for management software.
Consumers can now receive money from overseas in any Vietnamese province with the availability of Western Union Money Transfer services in nearly every district and town, says the Western Union Company, a leader in global payment services
Vietnamese commercial banks lent a combined VND93 trillion (US$5.3 billion) to businesses in February after the government started a loan subsidy program to boost a slowing economy, the central bank said.
Foreign investors committed to pouring over US$900 million into the Mekong Delta while they were attending a conference on Mekong Delta investment and development in Can Tho City on Monday.
The United Nations World Tourism Organization (UNWTO) has put Vietnam in the list of the top Asian countries with strong tourism performance in the first half of this year.
Short-term lending rates in Vietnam are expected to come down, thanks partly to funds the central bank has extended to banks, State Bank of Vietnam governor Nguyen Van Giau was quoted on Wednesday as saying.
Vietnam's bank safety ratios will be raised next year, central bank Governor Nguyen Van Giau said, ahead of a planned increase in the capital adequacy requirement in October.
Vietnam's currency gained the most in more than a week after the central bank said that bank-safety ratios will be raised next year. Benchmark two-year bonds fell.
VietFinanceNews.com - The Government has promulgated a National Action Plan on Anti-money Laundering and Combating Financing of Terrorism for the period from August 2010-August 2011.
VietFinanceNews.com - Citi is looking at emerging markets for continued growth after witnessing a resurgence that began last year and resulted in a net income of US$7.1 billion globally for the first six months of this year, bank officials said.
The Asian Development Bank on Tuesday reiterated that Vietnam’s economy would expand by 6.5% this year, on a par with the current strong economic recovery in the region.
Small and medium sized businesses in Vietnam are the most confident in the Asia region regarding national economic growth, said a report released last week by HSBC Bank (Vietnam).
(10/08/2010)