Today: 5 Jan 2006
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Banks seeking foreign partners

Dang Van Thanh, chairman of the joint-stock Sai Gon Thuong Tin Commercial Bank (Sacombank), recently returned from a working visit to Australia with a new business scheme to ponder.

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Viet Nam’s largest bank to go public in early 2006

Deputy Prime Minister Nguyen Tan Dung on Wednesday signed a long awaited decision to allow Viet Nam’s largest bank, Vietcombank, to go public in 2006 following more than a year of preparations.

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US bank strengthens ties with Viet Nam

US bank JPMorgan Chase and the Bank for Foreign Trade of Viet Nam signed an agreement last Friday to expand their long-time relationship and form a partnership to formalise payments, deposits, and withdrawals through the Vietnamese bank.

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