Restructuring

Mr. Nguyen The Vinh - CEO and co-founder of Ninety Eight believes that the company will operate more effectively after implementing the restructuring plan. Photo: Tien Xuan

Ninety Eight restructures, focuses on strategic projects

|

Ninety Eight, Vietnam's leading blockchain technology company, has just announced a plan to restructure the organization to optimize resources.

Governor of the State Bank Nguyen Thi Hong handed over the Decision on compulsory transfer of DongA Bank to Mr. Kim Byoungho - Chairman of the Board of Directors of HDBank. Photo: SBV

VPBank and HDBank promote restructuring of weak banks

|

On January 17, the State Bank officially announced the decision to compulsorily transfer Global Petroleum Bank (GPBank) to Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and DongA Commercial Joint Stock Bank (DongA Bank) to Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank).