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Category: VietnamSubscribe via RSS Feed

Exports show an increased trend in Q1

17-Apr-2014 Intellasia | TBKT Vietnam page 3 | 6:00 AM

Trade balance in the first quarter of 2014 continues to positively increase, extending the export surplus for two years (from 2012 to 2013). The export surplus reached $750 [...]
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Vietnam commercial hub plans to triple residents income by 2025

17-Apr-2014 Intellasia | Thanhnien News | 6:00 AM

HCM City announced a ten year plan, on Monday, targeting to triple its residents’ average annual income while investing heavily in road projects. City officials stated [...]
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Vietnam posts lower-than-expected trade deficit for March

17-Apr-2014 Intellasia | Reuters | 6:00 AM

Vietnam posted a trade deficit of $196 million in March, lower than an initial government estimate of $300 million, Vietnam Customs said on Tuesday. Exports last month were [...]
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Swiss back Vietnam business reforms

17-Apr-2014 Intellasia | VNS | 6:00 AM

Switzerland yesterday announced its continued support for a partnership between the Ministry of Planning and Investment and the United Nations Industrial Development [...]
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Hai Duong attracts $320m of foreign investment

17-Apr-2014 Intellasia | VNA | 6:00 AM

The northern province of Hai Duong has so far this year granted licences to nine foreign investment projects with a combined capital of 248 million USD, and allowed six [...]
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Vietnam-Russia trade ties spotlighted

17-Apr-2014 Intellasia | VOV | 6:00 AM

Two-way trade turnover between Russia and Vietnam is growing dramatically, three times higher the world’s average figure, said Russian deputy minister of Economic [...]
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Trial of banking tycoon Kien and former leaders of ACB begins

17-Apr-2014 Intellasia | CafeF | 6:00 AM

The Hanoi People’s Court has said that the instance trial session of the banking tycoon Nguyen Duc Kien, former founder of Asia Commercial Joint Stock Bank (ACB), and [...]
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VPBank’s profit exceeds 1tr dong in 2013

17-Apr-2014 Intellasia | Vietstock | 6:00 AM

Vietnam Prosperity Commercial Joint Stock Bank (VPBank) has recently announced its business results for 2013 with 1.018 trillion dong after tax profit, marking the highest [...]
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MB spends 2tr dong to stabilise market

17-Apr-2014 Intellasia | Dau Tu Chung Khoan page 7 | 6:00 AM

The Military Commercial Joint Stock Bank (MB) has spent two trillion dong with preferential interest rates for enterprises participating in the market stabilising programme [...]
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Standard Chartered inks coffee deal

17-Apr-2014 Intellasia | VNS | 6:00 AM

Standard Chartered Bank Vietnam has signed an agreement for a $22 million structured trade finance facility with Tin Nghia Corporation to fund the expansion of one of [...]
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M&A in Vietnam’s banking sector to catch fire this year

17-Apr-2014 Intellasia | Thanh Nien News | 6:00 AM

Vietnam’s banking sector has seen a sharp uptick in mergers and acquisitions this year as at least three banks have announced plans to merge. Petrolimex Bank (PG Bank), [...]
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Bank restructuring path trends towards the merger

17-Apr-2014 Intellasia | TBKTSG | 6:00 AM

Small banks merging into bigger banks is becoming a growing trend in Vietnam. This is what the State Bank wants to see to carry out its plan to halve the number of commercial [...]
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Loans with Interest Rates over 13pct Account for about 18pct of Total Loans

17-Apr-2014 Intellasia | StoxPlus | 6:00 AM

According to the State Bank of Vietnam (SBV)’s Monetary Policy Department (SBV), loans with interest rates over 13 percent/year currently account for about 17-18 [...]
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Vietnam in global top 10 for foreign remittances

17-Apr-2014 Intellasia | VOV | 6:00 AM

The World Bank (WB) has announced Vietnam is among the top ten overseas remittance recipients in the world, receiving $11 billion last year alone. WB reported that overseas [...]
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Vietinbank aims for Vinalines ports stake

17-Apr-2014 Intellasia | VNS | 6:00 AM

Vietinbank, the second-largest bank by assets, would like Vietnam National Shipping Lines (Vinalines) to name it as a strategic investor at member ports after the initial [...]
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