ACB offers low-interest student loans

Asia Commercial Bank (ACB), the largest joint stock bank in Vietnam, will provide loans to students to fund their studies, bank officials have said.

VPBank to apply modern Swiss banking technology

The Viet Nam Joint-stock Commercial Bank for Private Enterprises (VPBank) will develop the T24 Core Banking System software, supplied by a Swiss corporation, to improve its services and quickly respond to customers' requirements, said VPBank's General Director Le Dac Son.

Banks agree to co-finance power plants

A consortium of four domestic banks will provide a VND42 trillion (US$2.7 billion) line of credit to Electricity of Viet Nam (EVN) to bankroll power capacity development from 2006-10, EVN director general Dao Van Hung said in Ha Noi last Friday.