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Tiên Phong Bank was founded on May 5, 2008. [2] [3] In August 2010, the bank increased its charter capital to VND 2,000 billion. [4]In December 2013, TPBank launched its official branding [5] [6] and in December 2014, the bank opened its new headquarters at 57 Lý Thường Kiệt, Hoàn Kiếm, Hanoi.
Ngân hàng TNHH MTV Public Bank Việt Nam Public Bank Vietnam Malaysia Hanoi Tungshing Square Tower, 2 Ngo Quyen, Hoan Kiem Dist., Hanoi Capital Chi nhánh Ngân hàng TNHH MTV Hong Leong Bank tại Việt Nam Hong Leong Bank Vietnam Malaysia Centec Tower, 72-74 Nguyen Thi Minh Khai, District 3, HCMC Ngân hàng TNHH MTV UOB Việt Nam
Banking in Vietnam started in 1976 with the State Bank Vietnam, which became the central bank of the country. Vietnam's banks suffer from low public confidence, regulatory and managerial weakness, high levels of non-performing loans (NPL), non-compliance with the Basel capital standards, and the absence of international auditing.
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Vietnam also lags behind China in terms of property rights, the efficient regulation of markets, and labor and financial market reforms. State-owned banks that are poorly managed and suffer from non-performing loans still dominate the financial sector. [3] Vietnam had an average growth in GDP of 7.1% per year from 2000 to 2004.
The State Bank of Vietnam (SBV; Vietnamese: Ngân hàng Nhà nước Việt Nam) is the central bank of Vietnam. Organized as a ministry-level body under the Government of Vietnam, it is the sole issuer of the national currency, the Vietnamese đồng. [3] As of 2024 it holds over USD 100 million in foreign exchange reserves. [2]
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Ho Chi Minh Stock Exchange (HOSE, HoSE, or HSX), formerly the HCMC Securities Trading Center (HoSTC), is a stock exchange in Ho Chi Minh City, Vietnam. It was established in 1998 under Decision No. 127/1998/QD-TTg of the Prime Minister of Vietnam. HCM Securities Trading Center officially opened on July 20, 2000, and had its first trading ...