MDB to be merged into Maritime Bank
09:32 | 31/07/2015 Finance - Banking
The Mekong Development Bank (MDB) is set to merge with the Vietnam Maritime Commercial Bank (Maritime Bank) to form an institution among the country's five largest banks in terms of charter capital.
Auctions of company shares more exciting
09:55 | 30/07/2015 Finance - Banking
(VEN) - According to the Hanoi Stock Exchange (HNX), 21 share sales were implemented in the second quarter of this year with 61 million shares sold valued at VND1.281 trillion, an increase of 7.3 percent compared to a year ago.
BIDV’s advantage from factoring service
11:26 | 28/07/2015 Finance - Banking
(VEN) - To sell goods and provide services, many enterprises have applied reimbursement methods (TTR - Telegraphic Transfer Reimbursements or D/A - Documents Against Acceptance). In addition, the need of capital for manufacturing and trade requires enterprises to find solutions to fasten their working capital cycle. Therefore, with its advantages, factoring service has become a common option for many enterprises.