Significats de VietinBank en anglès

Vietcombank's plan to raise overseas bonds follow those by other Vietnamese companies and VietinBank.

The central bank has also said VietinBank may join Dai Duong Bank as part of the restructuring plan.

Its current local partners include COFCO in China, Astra International in Indonesia, First Financial in Taiwan and VietinBank in Vietnam.

Hanoi-based VietinBank, or the Vietnam Joint Stock Commercial Bank for Industry and Trade, is 10 percent owned by the International Finance Corporation.

In October, the International Finance Corp bought 10 percent of Hanoi-based VietinBank for $186 million.

Shares in VietinBank were trading up 0.9 percent at 22,800 dong ($1.17) at 0209 GMT on Wednesday.

Upbeat second-quarter earnings of Vietnam's largest listed firm Vingroup JSC and state-run lender Vietinbank aided the main board.

VietinBank shares were up 3.7 percent in early trading on Wednesday.

VietinBank hoped to sell the bond in the earliest time possible, the Vietnam Economic Times said without providing further details.

VietinBank, 10 percent owned by the International Finance Corporation, has said it planned to raise bonds overseas this year to finance major projects.

The case and the way Nhu managed to defraud depositors of $190 million under the nose of Vietinbank has alarmed some of its customers, however.

VietinBank shares closed up 1.1 percent at 28,500 dong ($1.36) each on Wednesday, down 29 percent from its debut in July 2009.

The court heard how Nhu abused her position at Vietinbank to borrow $9.5 million at high interest to fund failed property and equities investments.