VietinBank
Vietnam’s former ‘businessman of the year’ faces jail
Nguyen Duc Kien, 49, co-founder of Asia Commercial Bank (ACB), one of Vietnam’s largest banks by assets, and once one of Vietnam's 100 richest persons...
Sumitomo pays $1.52b for Indonesia bank
Japanese bank Sumitomo Mitsui Financial Group Inc. said on May 8 it has reached an agreement to pay around $1.52 billion to acquire a...
Vietnam top banks agree to merger
The two leading commercial banks in Vietnam, Vietnam Export-Import Bank, or Eximbank, and Saigon Thuong Tin Bank, or Sacombank, have announced that they will...
Hunt for Vietnam banks has begun
Stressed Vietnamese banks are facing rising interest of foreign buyers in its shares, whose value in the past was continuously shrinking on the back...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...