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Asian shares languish as jittery investors eye 2016 election

03-Nov-2016 Intellasia | AP | 6:00 AM

Shares fell in Asia on Wednesday as jitters over the US presidential election and weaker oil prices shook investor confidence. KEEPING SCORE: Japan’s Nikkei 225 index [...]
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Bad loans still plague banks

02-Nov-2016 Intellasia | VIR | 6:00 AM

Sound measures to tackle the country’s mounting bad debts are available, and all it takes is having the guts to employ them, in an effort to systematically solve such [...]
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In Vietnam, scammers pay people to open bank accounts

02-Nov-2016 Intellasia | Tuoitre News | 6:00 AM

Many in Vietnam are willing to ‘lend’ their names to others in order to open ATM card accounts and receive cash gifts, unaware that they make themselves future [...]
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TP Bank gets B2 rating from Moody’s

02-Nov-2016 Intellasia | VNA | 6:00 AM

For the first time, US ratings agency Moody’s Investor Service assigned B2 long-term local and foreign currency deposit and issuer ratings to Tien Phong Commercial [...]
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Licensing fees for foreign financial institutions rise

02-Nov-2016 Intellasia | Vn Economic Times | 6:00 AM

A new fee schedule will apply for the granting of licenses to foreign financial institutions in Vietnam from January 1, 2017. For institutions providing banking services the [...]
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Bank to lend to develop hcm city grassroots-level hospitals

02-Nov-2016 Intellasia | VNS | 6:00 AM

The Housing Development Commercial Joint Stock Bank (HDBank) last week signed an agreement with the HCM City Department of Health to provide credit to buy medical equipment [...]
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ABBank, Efora launch co-branded debit card

02-Nov-2016 Intellasia | VNS | 6:00 AM

ABBank and euro-Asia Trade Joint Stock Company have launched a co-branded ABBank-Efora debit card, with incentives offers for customers. Efora, run by euro-Asia Trade JSC, is [...]
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Reference exchange rate sinks 6 dong

02-Nov-2016 Intellasia | VNA | 6:00 AM

The State Bank released the reference exchange rate for VND-USD on the first day of November at 22,033 VND for one USD, down 6VND from the day before. With the current [...]
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The forex market will not be under pressure in the last months of the year

02-Nov-2016 Intellasia | Thoi Bao Ngan Hang | 6:00 AM

The National Financial Supervisory Commission (NFSC), after reviewing the movements of the foreign exchange (forex) market in the recent time, stated that after a long period [...]
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Vietnam’s forex market to see stability through end of the year: report

02-Nov-2016 Intellasia | VnExpress | 6:00 AM

Strong investment and remittance inflows have put the country in a good position this year. Strong exports and investment inflows will continue to ensure stability for [...]
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Banking profit faces the risk of declining

02-Nov-2016 Intellasia | Dau Tu Chung Khoan | 6:00 AM

Many banks have reported positive profit results in the third quarter and the first nine months of 2016. The consolidated financial statement in the third quarter of 2016 of [...]
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M&A in banking sector is forecasted to be exciting in the near future

02-Nov-2016 Intellasia | Dau Tu Chung Khoan | 6:00 AM

The State Bank of Vietnam (SBV) has made plan to restructure the system of credit institutions (CIs) on the second stage. Many financial experts said that small banks can [...]
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Vietnamese govt advised to cut stakes in public sector banks

02-Nov-2016 Intellasia | VnExpress | 6:00 AM

Endless credit poses the risk of funds being misused by the country’s four major banks. Vietnam’s government should cut its stakes in state-controlled banks to [...]
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Agri-loans reply on interest subsidy

02-Nov-2016 Intellasia | Dau Tu Chung Khoan | 6:00 AM

Agricultural credit growth averaged at 17.4 percent per year during the period of 2011-2015, higher than the overall growth of the banking system of 13.39 percent, Dau Tu [...]
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Government looks to beef up agriculture loans

02-Nov-2016 Intellasia | VNS | 6:00 AM

The State Bank of Vietnam (SBV) will direct credit for the agriculture sector into high value production and participation in the global value chain. Dao Minh Tu, SBV’s [...]
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