Standard Chartered Bank has been appointed the sovereign credit ratings advisor to the Vietnamese government, working directly with the Ministry of Finance (MoF). Vietnam currently maintains credit ratings from Standard & Poor’s (a division of the McGraw-Hill Companies), Moody’s, and Fitch Ratings. Vietnam’s sovereign credit rating is an important indicator for international investors... 

Standard Chartered Bank has won The Asset Triple A award for the “Best SME Bank” in Vietnam, Hong Kong and Korea in 2012 for its leading services in treasury and working capital areas. The Asset Triple A Awards is regarded as Asia’s most prestigious industry awards for excellence. This award is testament to the Bank’s long history in Asia and deep understanding of the region’s culture and... 

“New Developments in the International Payment Business” workshop was organised by Standard Chartered today in Hanoi, attracting attention from many of the bank’s customers in Vietnam. The workshop is a one-day comprehensive introduction to familiarise the bank’s clients on the new developments and trends which are happening in this segment globally. It covers various topics from customised... 

Asia-focused emerging markets bank Standard Chartered said on Wednesday that income and profits grew in the first nine months of the year despite tough trading conditions. “Income in the first nine months of 2011 has grown by a high single digit percentage over the first nine months of 2010,” the London-listed lender said in a trading update. “Over the same period, operating profit... 

Standard Chartered Bank has lowered Vietnam growth forecasts from 6.3% to 5.8% for this year and from 7% to 6.3% for next year. The bank’s latest report ‘Standard Chartered Asia Focus’ says the bank has revised down its 2011 growth forecast for Vietnam and also lowered its 2012 growth projection to reflect the more challenging external environment. Vietnamese sources showed lending rates for... 

Standard Chartered Group announced today  at the 2011 Clinton Global Initiative Annual Meeting in New York City – that it will raise $100 million by 2020 to build sustainable eye-care services across Asia, Africa and the Middle East, almost trebling its fundraising for the prevention of blindness from 2003 to date. With nearly 90 per cent of avoidable blindness occurring in the developing world,... 

Goldman Sachs Group Inc., Morgan Stanley and Deutsche Bank AG are among 13 financial institutions that submitted bids to advise Vietnam Joint Stock Commercial Bank for Industry & Trade on its planned $500 million overseas bond sale, according to Deputy General Director Le Duc Tho. Others that sent in bids include HSBC Holdings Plc, Standard Chartered Plc, Australia & New Zealand Banking Group... 

While the central bank’s Governor is of the opinion that conditions are suitable for cutting the interest rate beginning next month to lend a helping hand to enterprises, several experts are worried that a rate cut may undermine efforts to contain high inflation. The Saigon Times Daily talks with Louis Taylor, CEO of Standard Chartered Bank, on the State Bank of Vietnam’s intended move and possible... 

Customers visiting branches of Standard Chartered Bank take less than an average of two minutes to be served. This is the result of a newly launched initiative – 8 minute Service Pledge – that has been implemented by the bank at all its branches since the beginning of July. Standard Chartered Bank is the first bank in Vietnam to launch such a service pledge. It will donate VND20,000 to charity... 

Japan’s Mizuho Corporate Bank is expected to buy an up to 20 per cent stake in Vietcombank, sources familiar with the matter told Reuters, in a deal worth more than $500 million, marking Vietnam’s largest-ever inbound acquisition. Foreign investment in Vietnam has seen an uptick of deals, with multi-national corporations, private equity and hedge funds scooping up stakes in companies,...