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Vietnam boom fuels MSCI dreams

18-Dec-2015 Intellasia | Financeasia | 6:00 AM

Financesector executives in Vietnam, encouraged by the government’s reform agenda and a surge of global investor interest, hope the country will enter MSCI’s [...]
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Vietinbank’s pre-tax profits in Jan-November reach 6.956tr dong

18-Dec-2015 Intellasia | DTCK | 6:00 AM

Le Duc Tho, CEO of Vietinbank (coded CTG) said, by the end of November 2015, the total assets of the bank reached 741 trillion dong, up 12.1 percent; the outstanding loans [...]
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NCB allowed to loosen credit room to 30pct

18-Dec-2015 Intellasia | BizLive | 6:00 AM

Dao Trong Khanh, CEO of National Citizen Commercial Joint Stock bank (NCB) said in early December, the State Bank continued loosening the bank’s credit quota in 2015to [...]
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PVI Sun Life enters new growth phase

18-Dec-2015 Intellasia | The Saigon Times | 6:00 AM

PVI Sun Life Insurance Co. Ltd on Monday held the grand opening ceremony of its new headquarters in downtown HCM City to mark the company’s transition into a new phase [...]
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Agribank Branch 7 financial loss case put on trial

18-Dec-2015 Intellasia | VNA | 6:00 AM

The People’s Court of HCM City on December 16 opened a trial for violators of regulations on lending in credit organisations’ activity and fraudulence at the [...]
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Offshore workers concerned about social insurance

18-Dec-2015 Intellasia | The Saigon Times | 6:00 AM

Many people have said they must pay various charges and fees for going overseas for guest work, so the fact that they will pay social insurance from early next year under a [...]
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Asia Won’t Have a Yuan Anchor This Time, Unlike 1990s Crisis

18-Dec-2015 Intellasia | Bloomberg | 6:00 AM

China is casting Asia adrift. At least, when it comes to exchange rates. That’s the view of analysts pointing out the potential implications of China this month moving [...]
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Asian stocks, dollar, climb as Fed takes a first step

18-Dec-2015 Intellasia | Reuters | 6:00 AM

Asian stock markets jumped on Thursday as investors chose to take an historic hike in US interest rates as a mark of confidence in the world’s largest economy, lifting [...]
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Asian central banks, governments breathe sigh of relief after Fed lifts off

18-Dec-2015 Intellasia | Reuters | 6:00 AM

Asian governments and central bankers breathed a collective sigh of relief on Thursday after currencies edged up and stocks rallied rather than recoiled at the US Federal [...]
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Asia Welcomes Fed Move as Policy Makers Warn of Outflow Risks

18-Dec-2015 Intellasia | Bloomberg | 6:00 AM

Asian policy makers welcomed the Federal Reserve’s decision to raise interest rates for the first time in almost a decade, seeing it as an endorsement of better US [...]
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VN a top remittance recipient

18-Dec-2015 Intellasia | Bizhub | 6:00 AM

Vietnam this year would remain among the top 15 recipients with remittances of roughly $12.5 billion from Vietnamese living overseas, a World Bank (WB) report says. Banking [...]
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Eximbank irregularities made known at EGM

18-Dec-2015 Intellasia | VNS | 6:00 AM

A central bank inspection has found irregularities at Vietnam Export-Import Commercial Bank (Eximbank), an Eximbank leader told shareholders at an extraordinary general [...]
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Extraordinariness in Eximbank’s extraordinary shareholders’ meeting

18-Dec-2015 Intellasia | NDH | 6:00 AM

The extraordinary shareholders’ meeting of the Export Import Commercial Joint Stock Bank (Eximbank) (code: EIB) lasted from 9.00am to 16.20pm on December 15th 2015. [...]
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Market pressure may make dong/US dollar exchange rate to fall 5-10pct in 2016: expert

18-Dec-2015 Intellasia | BizLive | 6:00 AM

Dr Quach Manh Hao, an economic and financial expert forecasts that pure market pressure may make dong/US dollar exchange rate to fall 5-10 percent in 2016, but intervention [...]
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What Asia’s Billionaires Bought in 2015: From Mansions to Monets

17-Dec-2015 Intellasia | Bloomberg | 6:00 AM

Asia is minting billionaires faster than anywhere else in the world, and this elite group is giving Russian oligarchs and Middle Eastern aristocrats a run for their money in [...]
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