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Category: FinanceSubscribe via RSS Feed

Startups still looking for capital from venture funds

21-Nov-2017 Intellasia | Vietnamnet | 6:00 AM

Few venture funds have been set up in Vietnam, and few startups have successfully called for capital from the funds. Vietnam is striving to become a ‘startup [...]
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New regulations on use of credit cards

21-Nov-2017 Intellasia | VNA | 6:00 AM

Credit cardholders will not be allowed to withdraw cash worth more than VND5 million for domestic transactions and no more than VND30 million for foreign currency. The State [...]
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Visa study highlights economic benefits of cashless cities

21-Nov-2017 Intellasia | VN Economic Times | 6:00 AM

Hanoi could potentially gain an economic benefit of $600 million annually by transitioning to an “achievable level of cashlessness”. Visa has recently announced [...]
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Hanoi will have additional $600m a year if not using cash in payment: study

21-Nov-2017 Intellasia | Vnexpress | 6:00 AM

Results from the study namely “Cashless City: Realising the benefits of e-payment” show that Hanoi may have an additional of $600 million each year if the [...]
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Da Nang to host Asean Banking Council Meeting

21-Nov-2017 Intellasia | VOV | 6:00 AM

The 47th Asean Banking Council Meeting hosted by the Vietnam Banks Association (VNBA) is scheduled to take place at Furama Resort in central Da Nang City on November 23-24. [...]
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Women-led SMEs still struggle with financing

21-Nov-2017 Intellasia | VN Economic Times | 6:00 AM

IFC workshop hears that most banks in Vietnam continue to deny financing for SMEs owned or led by women. Vietnam’s women entrepreneurs are one of the significant forces [...]
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Capital for real estate, BOT projects to fall

21-Nov-2017 Intellasia | The Saigon Times | 6:00 AM

The State Bank of Vietnam has demanded increased controls on loans for build-operate-transfer (BOT) road and real estate projects despite their high demand for finances, Le [...]
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Exchange rate will be kept stable: SBV governor

21-Nov-2017 Intellasia | VNS | 6:00 AM

State Bank of Vietnam (SBV) Governor Le Minh Hung said yesterday he was confident that the Dong/dollar exchange rate will remain stable for the foreseeable future. Hung was [...]
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Vietnam’s forex reserves continue to increase to $46b

21-Nov-2017 Intellasia | Vneconomy | 6:00 AM

Vietnam’s forex reserves have continued to increase, according to State Bank Governor Le Minh Hung who responded to National Assembly deputies’ queries for the [...]
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Loans in foreign currency to be continued in 2018

21-Nov-2017 Intellasia | Vneconomy | 6:00 AM

Answering queries of National Deputies in this morning (November 17) regarding the State Bank’s direction on foreign currency credit when the policy on foreign currency [...]
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Banks announce upcoming divestment plans

21-Nov-2017 Intellasia | VNS | 6:00 AM

Several banks announced they would auction the shares they are holding in companies, in the last two months of the year, on the Hanoi Stock Exchange (HNX). According to an [...]
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Vietnamese fintech market looking at bright prospects

21-Nov-2017 Intellasia | VIR | 6:00 AM

Vietnam is considered a tremendously potential market by Korean fintech enterprises, setting off an avalanche of deals looking to expand business operations and find [...]
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Not on radar

21-Nov-2017 Intellasia | VN Economic Times | 6:00 AM

Local banks have largely ignored the upcoming introduction of International Financial Reporting Standards 9. The new International Financial Reporting Standards (IFRS) 9, [...]
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SBV leader believes in healthier banking activities in coming time

21-Nov-2017 Intellasia | VNA | 6:00 AM

Governor of the State Bank of Vietnam (SBV) Le Minh Hung on November 17 continued taking part in lawmakers’ question-and-answer session, making clear issues relating to [...]
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Finance minister: Public debt, while high, is under control

21-Nov-2017 Intellasia | VN Economic Times | 6:00 AM

Public debt growth lower this year than last, minister tells NA. Vietnam’s public debt growth has slowed and will only rise by an estimated 9 per cent this year [...]
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