Vietnam Banking Industry Newswire

Vietnam death row tycoon begins appeal in USD17.7 bn money-laundering case

HO CHI MINH CITY (AFP) – The appeal of a Vietnamese property tycoon convicted of money laundering began on Tuesday, three months after she lost a challenge against the death penalty in a separate case. Property developer Truong My Lan was found guilty in …

Vietnam mogul scrambles to pay back millions to bond holders as appeal starts

Property tycoon Truong My Lan has become the most high-profile case of Vietnam’s corruption crackdown.PHOTO: MINISTRY OF PUBLIC SECURITY DSRV HANOI - Vietnamese tycoon Truong My Lan is working to pay back hundreds of millions in stolen bank funds as her …

Two Vietnamese airlines ban power banks over explosion fears

Vietnam’s bank ownership rule shift may draw foreign strategic investors but risks remain

Raising the foreign ownership cap to 49% for selected lenders can spur inflows, but high pricing and hidden bad debts can limit investor appetite [HO CHI MINH CITY] Vietnam is throwing open the doors to deeper foreign stakes in its banking sector, but …

​Vietnam's cocoa industry revives thanks to EU’s support in applying circular economy

​Vietnam's cocoa industry revives thanks to EU’s support in applying circular economy Although cocoa trees in Dak Lak and Dak Nong Provinces, located in Vietnam’s Central Highlands, were once cut down due to low productivity and economic efficiency, …

​'Bánh mì': Vietnam’s culinary legacy that makes waves globally

​'Bánh mì': Vietnam’s culinary legacy that makes waves globally The vibrant success of the third Vietnam Bánh Mì Festival, held in downtown Ho Chi Minh City, marked an exciting milestone in the global journey of bánh mì, Vietnam’s iconic sandwich, …

Vietnamese tycoon facing death sentence scrambles to repay fraud billions

Vietnamese tycoon Truong My Lan was working to pay back hundreds of millions in stolen bank funds as her appeal hearing against a life sentence for charges including money laundering got under way on Tuesday. Lan – who already faces a death sentence from a …

Russian central bank expects low oil prices to continue for a while

The Russian central bank warned Kremlin policymakers that the United States and OPEC could flood the oil markets and cause a similar price collapse to what occurred in the 1980s, which led to the fall of the Soviet Union. The warning was issued weeks …

Exclusive-Russian central bank sees chance of prolonged low oil price cycle

MOSCOW (Reuters) - Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s - which contributed to the downfall …

OV intellectuals in UK suggest blueprint for Vietnam’s int’l financial hub ambition

London (VNA) - Vietnam can rise as a major international financial centre, both regionally and globally, with a strategic vision that highlights transparency, a skilled workforce, modern infrastructure, robust financial markets, and strong international …

Vietnam increases cap on foreign ownership in banking sector

Vietnam has lifted its 30% cap on foreign ownership in the banking sector to 49% for some domestic banks in an effort to attract more foreign direct investment (FDI) and strengthen the country’s banking sector. The policy will come into effect on 19 May …

44 people on trial in Vietnam over illegal sand mining

HANOI: More than 40 people went on trial in Vietnam Monday over illegal sand mining in the Mekong Delta, state media said, as concern mounts over the environmental impact of overexploitation. A former senior provincial official who took a $300,000 bribe to …

Deals in brief: Gobi Partners backs Funding Societies, Vietnam’s Stride lands Series A funding, Vertex Ventures Japan ...

Gobi Partners backs Funding Societies to deepen SME lending in Southeast Asia Funding Societies (also known as Modalku in Indonesia), a Southeast Asian digital lender, has received a fresh equity investment from Gobi Partners, bolstering its campaign to …

​Vietnam’s small businesses lead Asia-Pacific in AI investment: survey

​Vietnam’s small businesses lead Asia-Pacific in AI investment: survey Vietnam’s small businesses led the Asia-Pacific region in artificial intelligence (AI) investment and technology adoption in 2024, according to CPA Australia’s latest survey released at …

​Vietnam dissolves ‘mega commission’ managing over $46bn in state assets

​Vietnam dissolves ‘mega commission’ managing over $46bn in state assets The Vietnamese government has officially dissolved the Commission for Management of State Capital at Enterprises (CMSC), which previously managed state capital exceeding VND1.18 …

Partner networks offer fillip for cocoa industry

Partner networks offer fillip for cocoa industry Shortages of bean supply and elevated prices have prompted cocoa processors in Vietnam to augment partnerships with farmers and cooperatives. Puratos Grand-Place Vietnam (PGPV), a joint venture between …

Confidence remains in exchange rate stability

Confidence remains in exchange rate stability While the exchange rate is benefiting from regulatory commitments and various supportive factors, risks may persist depending on US tariff policy. The US Federal Reserve decided to keep its benchmark interest …

Shinhan Bank, Viglacera to facilitate investment, strengthen cooperation through MoU

Shinhan Bank, Viglacera to facilitate investment, strengthen cooperation through MoU Shinhan Bank Vietnam and Viglacera Real Estate Company has officially signed a Memorandum of Understanding, part of a strategy to attract foreign investors to Việt Nam, …

Dutch Lady fortifies products with vitamin C

Dutch Lady fortifies products with vitamin C Dutch company FrieslandCampina’s Dutch Lady dairy brand has given its products a makeover with the addition of vitamin C. Dutch Lady, a dairy brand belonging to FrieslandCampina Vietnam, launches its new product …

Randy Carver Secures Rank as the #1 Financial Advisor in Ohio on Barron’s Top 1,200 List for 2025

Randy Carver, Founder and President, has been ranked as the #1 financial advisor on Barron’s Top 1,200 Financial Advisors list for 2025 for the state of Ohio. MENTOR, OH, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Carver Financial …

NTL Trust Highlights Nevis as a Leading Jurisdiction for Asset Protection

CHARLESTOWN, SAINT KITTS AND NEVIS, March 25, 2025 /⁨EINPresswire.com⁩/ -- As asset protection becomes an increasing priority for high-net-worth individuals, NTL Trust emphasizes the strategic advantages of establishing international trusts in …

ALB AI Time Entry Cleansing Helps US Law Firms to Boost Revenue by $225M.

ALB AI Time Entry Cleansing Integrates with 3E/Elite, Aderant, Prolaw, LMS, Tabs3, Orion, Clio Aids Law Firms Comply with Clients Guidelines and Boost Revenue. NEW YORK CITY, NY, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Accurate …

Liveops Expands Insurance Market Presence Partnering with Leading Provider of Insurance Lead Generation

Delivering Scalable and High-Touch Pre-Qualification Services for Insurance Customers SCOTTSDALE, ARIZONA, AZ, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Liveops, a leading provider of hyper-flexible outsourced customer service solutions, has …

Forwardly Integrates with Zoho Books for Faster Payments

Zoho Books users can now streamline their payments with Forwardly, enabling instant payments, and automatic reconciliation for better cash flow management. SACRAMENTO, CA, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Forwardly, an award- …

Mangrove Property Insurance Names Tim Cotton as COO, And Hires Additional Top P&C Professionals

New Hires Demonstrate Mangrove’s Commitment to High-Level Service ST. PETERSBURG, FL, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Mangrove Property Insurance Company (Mangrove) is pleased to announce the appointment of Tim Cotton as …

Dix Developments buys former motocross track in Leesburg for $4.9M

Dix Developments has acquired the 74-acre Blake Ridge property in Leesburg from retired motocross professional Blake Baggett for $4.875 million. LAKE MARY,, FL, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- DIX Developments Acquires 74- …

FINTRX and Intapp DealCloud Partner to Deliver Enhanced Private Wealth Data within AI-Powered Platform

FINTRX and Intapp partner to provide comprehensive data and insights on firms and contacts directly within their processes and workflows in DealCloud Intapp (NASDAQ:INTA) BOSTON, MA, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- FINTRX, …

Numerix and Apex Group partner to enhance buy-side risk solutions

LONDON, UNITED KINGDOM, March 25, 2025 /⁨EINPresswire.com⁩/ -- Numerix, a leading capital markets quantitative analytics technology provider, is pleased to announce a strategic partnership with Apex Group, the leading global financial services …

Hive MLS earns five titles for “BEST MLS”

Hive MLS, one of the nation’s fastest-growing Multiple Listing Services (MLS), has been recognized as a BEST MLS in five key categories, 2025 CXI Survey. WILMINGTON, NC, NC, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Hive MLS, one of …

Enhancing Financial Management for Small Business Owners in Maryland with Advanced Bookkeeping Software

IBN Technologies offers outsourced bookkeeping services for Maryland small businesses, streamlining financial management, tax planning and compliance for growth MIAMI, FL, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida, March …

Johnson County Rehabilitation Hospital at Overland Park Announces Expansion

The Additional Beds Will Facilitate Easier Access to Rehab Services in Overland Park and the Surrounding Communities OVERLAND PARK, KS, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Johnson County Rehabilitation Hospital, situated at 11325 …

Eskin Fundraising Training Fundraising, Friendship, Fun Next Broadcast: April 2nd

Free Enrichment Broadcast For Non-Profit Leaders and Supporters SAN ANTONIO, TX, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Eskin Fundraising Training continues its new virtual approach to heighten personal development and growth …

Bill360 Appoints New Chief Revenue Officer to Accelerate its Growth Strategy

Reimagined Website Coincides with Key Executive Addition TAMPA, FL, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Bill360, the premier provider of automated accounts receivable (AR) and embedded payments solutions for small- to medium- …

Dealonomy Launches the First M&A System That Guarantees Business Owners an Offer in 90 Days

The startup raised $3M from several angel investors SAN ANTONIO, TX, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Selling a small business has been an exhausting, uncertain process for decades. Owners spend months—sometimes years—trying to secure …

Latest National Financial Literacy Test Results Reveal Continued Gaps in Financial Capability Across U.S.

DALLAS, TX, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- The National Financial Educators Council (NFEC) has released the latest data from its annual National Financial Literacy Test, a 30-question assessment that evaluates individuals…

Sedra Solutions Receives SOC 2 Type 2 Attestation with Zero Exceptions

This achievement reflects Sedra Solutions' dedication to maintaining robust controls and safeguards for client data. NEW YORK, NY, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Sedra Solutions, a leader in AI-enhanced financial …

RobinHood Diamonds offers a new gold standard in diamonds

Diamond rings at an exceptional value NEW YORK, NY, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- RobinHood Diamonds is helping change the general public's perception of diamonds. With recent advances in lab-grown diamond-producing …

10x Latency Reduction in Trade Data Distribution with LDA’s VeloCT Ecosystem

MISSISAUGA, CANADA, March 25, 2025 /⁨EINPresswire.com⁩/ -- LDA Technologies (LDA), the leader in developing advanced ultra-low latency FPGA and network solutions for capital markets, announces today a 10x latency reduction in trade data …

New Book Release: Financial Expert Andrew Lendnal Reveals How to Raise Money-Savvy Kids Without the Entitlement

POTOMAC, MD, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Renowned financial wellness expert and bestselling author Andrew Lendnal announces the release of his latest book, How I Accidentally Turned My Kids Into Financially Entitled …