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pre-tax profits
Update news pre-tax profits
Expansion plans on hold for local banks
VietNamNet Bridge – Banking authorities will halt the issue of licences to domestic credit institutions that propose network expansion over the next few months.
VNPT companies split to improve management
VietNamNet Bridge – Vietnam Posts and Telecommunications Group (VNPT) could be split into three corporations to save on operating costs and improve corporate governance.
Banks suffer to build risk funds
VietNamNet Bridge – Several small Vietnamese banks have posted losses in Q2 after setting aside risk provision funds to control risks and push ahead with restructuring.
Bank M&A deal nears
VietNamNet Bridge – Many market observers believe that Sacombank will benefit less from its merger with Southern Bank.
