Asia Commercial Bank
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Asia Commercial Bank
Asia Commercial Bank, often abbreviated to ACB, is the largest private bank 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 Procuracy. Hải ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), 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 (business), 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 company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ...
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VnExpress
''VnExpress'' is a Vietnamese online newspaper, run by FPT Group. It was the first newspaper in Vietnam that was not produced in paper format.Chúc mừng 10 năm thành lập Báo điện tử VnExpress
Báo Công an nhân dân.
It is one of the most popular websites in according to
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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. Because 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 an ...
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Companies Listed On The Hanoi Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating 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 duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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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. Because 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 anc ...
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List Of Banks In Vietnam
This is the list of banks in Vietnam, as of 2019. State-owned Banks Private Joint-Stock Commercial Banks * Orient Commercial Joint Stock Bank (OCB) * Asia Commercial Bank (ACB) * Tien Phong Commercial Joint Stock Bank (TP Bank) *Hanoi Building Joint-stock Commercial Bank *Maritime Commercial Joint Stock Bank (Maritime Bank) *Sai Gon Thuong Tin Commercial Joint-stock Bank (Sacombank) *Vietnam Prosperity Joint Stock Commercial Bank (VPBank) * Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) *Military Commercial Joint Stock Bank (MB Bank) *Bac A Commercial Joint Stock Bank (Bac A Bank) *Vietnam International Commercial Joint Stock Bank (VIB) *Southeast Asia Commercial Joint Stock Bank (SeABank) *Housing development Commercial Joint Stock Bank ( HDBank) *Southern Commercial Joint Stock Bank *Viet Capital Commercial Joint Stock Bank (Viet Capital Bank) * Sai Gon Joint Stock Commercial Bank *Viet A Commercial Joint Stock Bank *Saigon-Hanoi Commercial Jo ...
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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. He attended the Vietnamese University of Military Technology, and then studied at the Zalka Máté Military Technology College (''Zalka Máté Kollégium'') in Budapest, Hungary, before working for eight years at a state-run textile firm. In the 1990s, he co-founded the Asia Commercial Joint Stock Bank (ACB), now one of the largest commercial joint stock banks in Vietnam, although he retains less than a ...
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Ministry Of Public Security (Vietnam)
The Ministry of Public Security (MPS, vi, Bộ Công an (BCA)) is a public agency directly under 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. The Ministry of Public Security is the agency that manages the Vietnam People's Public Security Force. General To Lam is the current head of the Vietnamese MPS. History The foundation of the MPS started on August 19, 1945 when the Indochinese Communist Party formed three departments, consisting of the Security Service Bureau in Northern Vietnam, the Surveillance Service in central Vietnam and the National Self-Defense Force Bureau in southern Vietnam. The ...
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Tuổi Trẻ
''Tuổi Trẻ'' ("Youth", ) is a major daily newspaper in Vietnam, publishing in Vietnamese from Hồ Chí Minh City. It was originally a publication of the Hồ Chí Minh Communist Youth Union (Vietnamese: ''Đoàn Thanh niên Cộng sản Hồ Chí Minh'') of Ho Chi Minh City, and 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 ''Tuoi Tre Newspaper'' was officially established on September 2, 1975. However, its precursor was propaganda leaflets issued by students and pupils in Saigon during their anti-American movements in the Vietnam War. In its early stage, ''Tuoi Tre'' circulated tri-weekly. On September ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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