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Category: FinanceSubscribe via RSS Feed

Law on credit institutions takes effect

20-Jan-2018 Intellasia | VNS | 6:00 AM

Many business people, who hold leadership positions at both banks and other firms, have decided to give up their positions in enterprises and keep the banking management [...]
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Reference exchange rate kept unchanged

20-Jan-2018 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam (SBV) on January 19 kept the daily reference VND/USD exchange rate unchanged from the previous day at 22,406 VND/USD. With the current trading band [...]
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No system-wide interest rate cuts in sight

20-Jan-2018 Intellasia | The Saigon Times | 6:00 AM

There is little sign of interest rates being lowered across the banking system as small banks are still grappling with limited liquidity, Thoi Bao Kinh Doanh newspaper [...]
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Bitconnect shuts down lending and exchange platform

20-Jan-2018 Intellasia | The Saigon Times | 6:00 AM

Bitconnect, a cryptocurrency lending platform, has announced the shutdown of its lending programme and exchange platform, news website Vietnamnet reported, citing a statement [...]
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No cash withdrawal at domestic POS from March

20-Jan-2018 Intellasia | VNS | 6:00 AM

Credit card holders will not be allowed to withdraw cash at card readers of domestic points of sale (POS) from March this year, says the State Bank of Vietnam (SBV). [...]
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Why are banks massively buying and selling treasury shares?

20-Jan-2018 Intellasia | Enternews.vn | 6:00 AM

According to the latest information from Saigon Thuong Tin Joint Stock Commercial Bank (coded STB), the bank’s Board of directors have approved the sale of nearly 81.6 [...]
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Large banks want to retain profits due to worry about capital shortage

20-Jan-2018 Intellasia | DTCK | 6:00 AM

To maintain the credit growth rate to the economy as well as meet Basel II standards, leaders of some large banks said raising chartered capital is a very urgent need. [...]
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Who repurchase stakes from foreign banks’ divestment from Vietnam?

20-Jan-2018 Intellasia | Dat Viet | 6:00 AM

Many banks have withdrawn capital from Vietnam, making way for other investors. Standard Chartered is no longer the shareholder of Asia Joint Stock Commercial Bank (ACB) [...]
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HDBank signs MoneyGram deal for funds transfer

20-Jan-2018 Intellasia | VNS | 6:00 AM

HDBank has signed up MoneyGram, a global provider of money transfer and payment services, to provide its customers with quick and easy international money transfer services. [...]
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Investment in startups expanded

19-Jan-2018 Intellasia | VNA | 6:00 AM

More than 300 enterprises have been certified as science-technology firms, along with 43 organisations recognised to operate in high technology area, according to the [...]
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Ha Nam pledges favourable conditions for foreign investors

19-Jan-2018 Intellasia | VNS | 6:00 AM

Ha Nam pledged to create favourable conditions for production and business at a meeting on Wednesday with more than 200 foreign investors investing in the northern province. [...]
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Infrastructure ups Thu Thiem’s appeal

19-Jan-2018 Intellasia | VIR | 6:00 AM

The ongoing improvement of Thu Thiem New Urban Area’s infrastructure system is connecting it better with neighbouring areas and making it a magnet for investment. [...]
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G20 billions feed coal-fired future

19-Jan-2018 Intellasia | VIR | 6:00 AM

Vietnam is expected to receive loans in the billions of US dollars from some G20 nations for its many coal-fired power projects, helping the capital-thirsty country further [...]
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Kagoshima prefecture’s firms wish to invest in Vietnam

19-Jan-2018 Intellasia | VNA | 6:00 AM

Chair of the Chamber of Commerce and Industry of Japan’s Kagoshima prefecture Yoshitaro Iwasaki has expressed wish to connect the two countries’ businesses across [...]
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More UK businesses expected to invest in Vietnam

19-Jan-2018 Intellasia | VNA | 6:00 AM

Deputy prime minister Trinh Dinh Dung called on businesses from the UK to make investment in Vietnam during a reception for Lord James Mayer Sassoon, Executive director of [...]
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