Asia Commercial Bank
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Asia Commercial Bank
Asia Commercial Bank, often abbreviated to ACB, is one of the largest private banks in Vietnam by assets, headquartered at 442 Nguyễn Thị Minh Khai, Ward 5, District 3, Ho Chi Minh City. It was registered on 19 May 1993 and began operations in June 1993. The bank trades at the Ho Chi Minh Stock Exchange under the symbol ''ACB,'' where it listed on December 9, 2020 after previously trading at the Hanoi Stock Exchange. Main services *Raising capital (receiving deposits from customers) in VND, foreign currencies and gold. *Using capital (providing credit, investment, joint venture capital) in VND, foreign currency and gold. *Intermediary services (local/international public and quick money transfers, life insurance). *Trading foreign currency and gold. *Issuance and payment of credit and debit cards. Controversies According to PetroTimes, on August 22, 2012, Lý Xuân Hải - General Director of ACB - was ordered to be detained for 4 months by the Supreme People's Proc ...
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Joint-stock Company
A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited ...
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Banks Established In 1993
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in ...
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Companies In The VN30 Equal Weight Index
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Companies Listed On The Hanoi Stock Exchange
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ...
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Banks Of Vietnam
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ...
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List Of Banks In Vietnam
There are currently 49 banks in Vietnam, including the following banks: State Bank, joint stock commercial banks, joint venture banks, foreign bank branches in Vietnam and 100% foreign-owned banks. Social Policy Banks State-owned Commercial Banks State-operated Commercial Banks Sea Games Pawnshop Co., Ltd. and 8 bankers pawnshop of Vietnam and partnership 2025 SEA Games HDBank,Vietcombank,Vietinbank,Agribank,BIDV,Đông Á Bank,Nam Á Bank,MBBank Branch of Foreign Banks in Vietnam References External links System of Credit Institutions, The State Bank of VietnamList of banks on Vietnam {{DEFAULTSORT:Banks in Vietnam * Vietnam Banks Vietnam Vietnam, officially the Socialist Republic of Vietnam (SRV), is a country at the eastern edge of mainland Southeast Asia, with an area of about and a population of over 100 million, making it the world's List of countries and depende ...
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Nguyễn Đức Kiên
Nguyễn Đức Kiên (born 1964) is a Vietnamese businessman and owner and chairman of the Hanoi ACB football club. In addition he is deputy chairman of the Vietnam Professional Football company (VPF) that now oversees Vietnam’s V-League and First Division football. In 2011, Kien was named "businessman of the year" by a Vietnamese economic newspaper, ''Doanh Nhân''. In 2014, he was sentenced to 30 years in prison for conducting illegal business, tax evasion, fraud and intentional wrongdoings. Biography Nguyễn Đức Kiên was born and grew up on the outskirts of Hanoi Hanoi ( ; ; ) is the Capital city, capital and List of cities in Vietnam, second-most populous city of Vietnam. The name "Hanoi" translates to "inside the river" (Hanoi is bordered by the Red River (Asia), Red and Black River (Asia), Black Riv .... He attended the Vietnamese University of Military Technology, and then studied at the Zalka Máté Military Technology College (''Zalka Máté Kollégium'' ...
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Ministry Of Public Security (Vietnam)
The Ministry of Public Security (MPS, ) is a central governmental ministry and one of the biggest ministry of the Government of Vietnam, performing the function of state management of security, order and social safety; counterintelligence; crime prevention investigation; fire prevention and rescue; execution of criminal judgments, judgment enforcement not subject to imprisonment, custody or temporary detention; legal protection and support; State management of public services in sectors and fields under the Ministry's state management. It is headed by the Minister of Public Security. The MPS manages the Vietnam People's Public Security, the Vietnamese uniformed police forces - while also responsible for domestic civilian administrative management, similar to the role of a standard Ministry of Interior (not to be confused with the Vietnam Ministry of Home Affairs). Col. Gen Lương Tam Quang is the current Minister of Vietnam's MPS. History The foundation of the MPS started ...
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Tuổi Trẻ
''Tuổi Trẻ'' ("Youth", or ) is a major daily newspaper in Vietnam, published in Vietnamese by the Hồ Chí Minh City branch of the Hồ Chí Minh Communist Youth Union, the youth wing of the Communist Party of Vietnam. While it is still the official mouthpiece of that organization, it has grown to become the largest newspaper in the country. As of 2007 its daily circulation was 450,000. The printed newspaper includes: ''Tuổi Trẻ daily'', weekly ''Tuổi Trẻ Cuối Tuần'', semimonthly ''Tuổi Trẻ Cười''. Online versions includes: a Vietnamese version ''Tuổi Trẻ Online'' and an English version ''Tuoi Tre News''. History Four months after the withdrawal of U.S. troops from Vietnam, following a suggestion from General Secretary Lê Duẩn during a working session with the City Youth Union, ''Tuổi Trẻ'' was officially established on September 2, 1975. The predecessor of the newspaper had existed as a bulletin of the Saigon – Gia Định Union of Yout ...
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