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Tag Archives: Bank

Vietnam company denies fraud accusations after debarred by World Bank

A Vietnamese waste water treatment company has rejected accusations of fraudulent and collusive practices in two projects funded by the World Bank, saying it was unfairly debarred by the development lender.  Nguyen Phuong Quy, general director of SFC Vietnam Investment Development for Environment Company, on Wednesday told news website Zing ...

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World Bank debars Vietnamese firm for alleged fraud

The World Bank has debarred a Vietnamese waste water treatment company for 10 years for alleged fraudulent and collusive practices in two projects that it has funded. The Washington-based development lender said in a statement late last week that SFC Vietnam Investment Development for Environment Corporation and its affiliates will ...

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Vietjet and Military Bank sign cooperation agreement

On December 2, 2015 Vietjet and Military Bank reached a cooperation agreement, in which Military Bank will finance Vietjet a short-run credit worth VND500 billion to add on the airline’ working capital and to be disbursed for prepayment of aircraft purchasing. Moreover, the bank will also provide Vietjet with a ...

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Israel arrests senior Hamas leader in West Bank

Israeli soldiers take up position during clashes with Palestinian protesters in the West Bank city of Hebron, October 19, 2015.(Photo: ABED AL HASHLAMOUN, EPA) Israel arrested a senior Hamas official in the West Bank on Tuesday, accusing him of inciting violence by encouraging attacks against Israelis. The Israeli military says ...

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West Bank turmoil

Women cry during the funeral of Palestinian teenager Ahmad Sharaka, 13, who was killed by Israeli forces, at the family house in the Palestinian West Bank refugee camp of Jalazoun, Ramallah. Ramallah Government Hospital director Ahmed Bitawi said Ahmad Sharaka was shot dead by three live bullets to the head, ...

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Bank warns on USD speculation

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Bank warns on USD speculation A customer exchanges foreign currency at a VPBank branch in Ha Noi. Circular No 15/2015/TT-NHNN on foreign currency transactions by credit institutions took effect yesterday. — VNS Photo Truong Vi HA NOI (VNS)  — The State Bank of Viet Nam has issued an urgent circular ...

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