Vietnamnet.vn
Podcast
banker
Update news banker
“Mogul Kien” bank case: a lesson in conflict of interest
Tran Xuan Gia was recognized by state management agencies as president of Asia Commercial Bank, but this was on paper only. The real influential figure was Nguyen Duc Kien, dubbed “Mogul Kien”, who has been prosecuted for his economic crimes.
BUSINESS IN BRIEF 27/7
Samsung exports three times higher than city’s IPs, EPZs; Policy incentive boost for high tech projects; Piaggio Vietnam’s test track system opened; Japan retailer Nojima enters local electronics market
Capital oversupply alarmingly high, causing headache to bankers
The liquidity surplus of the whole banking system has become alarmingly high. While the capital supply has been profuse, the demand remains very weak, which has made bankers worried stiff.
