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Vietnamese province forks out salaries to workers abandoned by S Korean employer

13-Feb-2018 Intellasia | Vnexpress | 6:00 AM

The company’s director has reportedly left Vietnam, hanging hundreds of employees out to dry before the Tet holiday. Authorities in Dong Nai Province have advanced [...]
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Spring Calligraphy Festival attracts the crowds

13-Feb-2018 Intellasia | DTI News | 6:00 AM

The 2018 Spring Calligraphy Festival officially opened at the Van Mieu Quoc Tu Giam (Temple of Literature) in Hanoi on February 9, drawing a large number of visitors. This [...]
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Buying revolution

13-Feb-2018 Intellasia | VN Economic Times | 6:00 AM

The latest IFM survey reveals a changing landscape in Vietnam’s retail sector. As we approach the Tet festivities in mid-February it’s time to look back at what [...]
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In flux

13-Feb-2018 Intellasia | VN Economic Times | 6:00 AM

Vietnam’s FMCG market has exhibited a host of fluctuations over the last two years and manufacturers and retailers must take note. The upcoming Lunar New Year (Tet) [...]
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Domestic telecom providers face new challenges

13-Feb-2018 Intellasia | VNA | 6:00 AM

The number of mobile phone subscriptions nationwide stood at about 127 million at the end of 2017, down 2.1 percent year-on-year. The decrease came as telecom providers [...]
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More than 30 businesses earn over trillion dong of profits in 2017

13-Feb-2018 Intellasia | Tri Thuc Tre | 6:00 AM

The fiscal year 2017 has gradually closed, and most businesses have completed the announcement of business results in 2017. Apart from “giants” that regularly [...]
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Hai Phong slashes investment paperwork

13-Feb-2018 Intellasia | VNS | 6:00 AM

For two years, Hai Phong Chamber of Commerce, Investment and Tourism has played a key part in making the northern port city one of the most attractive destinations in the [...]
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Many tech firms to expand IT teams

13-Feb-2018 Intellasia | VNS | 6:00 AM

Many tech firms this year are expected to add up to 10-50 per cent more employees to their IT teams as prospects for the country’s IT industry are bright, according to [...]
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Reference exchange rate goes up 5 VN

10-Feb-2018 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam set the daily reference exchange rate at 22,440 VND/USD on February 9, up 5 VND from the rate on the previous day. With the current trading band of [...]
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Central bank allows SCB to close 2 branches

10-Feb-2018 Intellasia | VNS | 6:00 AM

State Bank of Vietnam gave its nod to Saigon Commercial Bank (SCB) to close two of its branches in Tra Vinh Province and Can Tho City. The move is aimed at restructuring the [...]
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US dollar devalued against dong despite global rise

10-Feb-2018 Intellasia | VNS | 6:00 AM

Domestic commercial banks on Thursday continued devaluing the US dollar against the dong for the second consecutive session, despite a rise of the greenback in the global [...]
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ACB to make 2016 dividend payment in shares at 10pct in Q1

10-Feb-2018 Intellasia | NDH | 6:00 AM

The Asia Joint Stock Commercial Bank (ACB) said it will issue shares to make dividend payment at 10 percent. The total listed shares of ACB were 1,027,323,896 units, [...]
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Deposit rates increase on occasion of Lunar New Year

10-Feb-2018 Intellasia | Bao Dau Tu | 6:00 AM

The closer the Lunar New Year approaches, banks are increasingly competing for idle money, especially when banks’ end of the year costs improve while many people with [...]
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Central bank injects nearly $573mn to support liquidity

10-Feb-2018 Intellasia | VNS | 6:00 AM

State Bank of Vietnam (SBV) made a net cash injection of VND13 trillion (US$572.9 million) into the economy in the past week to support the liquidity of commercial banks. [...]
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Vietnam’s foreign reserves rise to all-time high

10-Feb-2018 Intellasia | The Saigon Times | 6:00 AM

Vietnam’s foreign reserves have shot up to a record high of over $57 billion, news website Vietnamplus cited Le Minh Hung, governor of the State Bank of Vietnam (SBV), [...]
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