#Vietcombank

Vietcombank said it will continue reducing its loan interest rates for five groups of prioritised borrowers in 2018 in accordance with Circular No. 39/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam (SBV).

Vietcombank (VCB) shareholders approved the bank’s plan to issue an additional 360 million shares, equivalent to 10% of its capital, to expand its charter capital to almost VND39.6 trillion (US$1.74 billion).

PSNews – The MoMo e-mobile wallet, an online service provided by a Vietnamese startup company won “Vietnam’s best mobile payment app” selected by the prestigious Singaporean magazine “The Asian Banker.” 

Seventeen Vietnamese banks were listed among the 500 strongest banks in the Asia Pacific region.

Small- and medium-sized enterprises (SMEs) can now get loans at preferential interest rates from a fund operated by the Ministry of Planning and Investment, a recent meeting heard in Ho Chi Minh City.

Forbes Vietnam magazine announced the best 50 companies on Vietnam’s stock market in 2016 on September 29.