Vietnamese property tycoon Trong My Lan was sentenced to death for orchestrating a massive $44 billion bank fraud, equivalent ...

The State Audit of Vietnam has released its consolidated 2024 report, spotlighting multiple irregularities and inefficiencies ...

A strong first half for Vietnamese banks with NCB’s remarkable growth and steady advances from state-run lenders.

The SBV has so far issued a system of documents guiding the implementation of Basel, such as Circular 41/2016/TT-NHNN ...

Digital governance in Vietnam is gaining momentum, with nearly 40 percent of administrative procedures completed fully online ...

HANOI: Vietnam's parliament passed a revised law on credit institutions, bolstering the central bank's authority to ensure the safety of the banking system while offering long-awaited legal ...

As global economic uncertainties persist, enhancing the resilience of Vietnam’s banking system has emerged as a critical ...

HANOI -- Disgraced Vietnamese tycoon Truong My Lan has proposed a restructuring plan for her troubled bank, Saigon Commercial Bank (SCB), aiming to pay back some of the more than 700 trillion dong ...

Lan, 68, was convicted last year of swindling money from Saigon Commercial Bank (SCB) -- which prosecutors said she controlled -- and sentenced to death for fraud with damages totalling $27 ...

Prosecutors allege that she secretly controlled Saigon Commercial Bank, and took out 2,500 loans through “thousands of ghost companies,” costing the bank $27 billion in losses between 2012 and ...

Lan, 68, was convicted last year of swindling money from Saigon Commercial Bank (SCB) -- which prosecutors said she controlled -- and sentenced to death for fraud with damages totalling $27 billion -- ...