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Category: FinanceSubscribe via RSS Feed

Reference exchange rate down at week’s beginning

05-Dec-2017 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam set the daily reference VND/USD exchange rate at 22,429 VND/USD on December 4 the first day of the week -, down 9 VND from the rate at the end of [...]
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Pressure mounts

05-Dec-2017 Intellasia | VN Economic Times | 6:00 AM

Real issues are emerging from the government’s bid to use credit growth to support GDP growth. Vietnam’s economic growth is the envy of Asia, as its neighbours [...]
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Recording impressive growth, consumer lending market attracts large investment

05-Dec-2017 Intellasia | PLO | 6:00 AM

Talking to the media, Ralf Mattheas, director of Infocus market research said that over the past decade, Vietnam has gradually shifted from a cash to credit and borrowing [...]
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Online payment shows strong growth ahead of Online Friday

05-Dec-2017 Intellasia | VN Economic Times | 6:00 AM

Top online purchases to September included travel, transportation, fashion, and telecommunications, according to Visa. As this year’s Vietnam Online Friday sale [...]
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Bad debt decreases by 210b dong, to 2.349tr dong in Eximbank

05-Dec-2017 Intellasia | Infonet | 6:00 AM

Vietnam Export Import Commercial Joint Stock Bank (Eximbank) has announced 9-month consolidated pre-tax profit at 486.39 billion dong, fulfilling 75 percent of its full year [...]
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ADB funds development of flower farming

05-Dec-2017 Intellasia | VNA | 6:00 AM

The Asian Development Bank (ADB) on December 1 signed loan agreements worth 20 million USD with Agripacific Holdings (APH) and Kunming Hasfarm Flowers (KHF) to develop [...]
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Reference exchange rate goes up 5 VND

02-Dec-2017 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam set its reference VND/USD exchange rate at 22,438 VND/USD on the morning of December 1, up by 5 VND from the day ago. With the current +/- 3 percent [...]
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Vietnam Airlines and Agribank sign cooperation agreement

02-Dec-2017 Intellasia | VNS | 6:00 AM

National carrier Vietnam Airlines and Agribank on Wednesday signed a cooperation agreement to promote the sale of each other’s products and services in the future. [...]
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Sacombank shareholders disapprove stock code and bourse change

02-Dec-2017 Intellasia | NDH | 6:00 AM

Saigon Thuong Tin Joint Stock Commercial Bank (coded STB) has completed its shareholder consultation on a series of issues. In particular, the stock code change from STB to [...]
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Donaruco auctions 1.37m HDBank shares at 24,000 dong each

02-Dec-2017 Intellasia | NDH | 6:00 AM

Hochiminh City Stock Exchange has announced the share auction of HCM City Development Joint Stock Commercial Bank (HDBank) held by Dong Nai Rubber Co., Ltd (Donaruco). [...]
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HDBank to list on HOSE in early 2018

02-Dec-2017 Intellasia | DTCK | 6:00 AM

Vietnam Securities Depository (VSD) has announced the approval for reserving HDB stock code for Hochiminh City Development Commercial Joint Stock Bank (HDBank). The [...]
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Interbank interest rates tend to increase slightly

02-Dec-2017 Intellasia | BizLive | 6:00 AM

According to the newly released report of Bao Viet Securities Company (BVSC), last week, the OMO market was quiet when there was no new injection, while the amount of capital [...]
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Banks no longer look to credit room expansion

02-Dec-2017 Intellasia | DTCK | 6:00 AM

Compared with the whole year credit growth target, credit room of the entire banking sector still remains large. Though some banks have run out of the room, they do not [...]
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New cross-holding rule to hit banks

02-Dec-2017 Intellasia | VIR | 6:00 AM

A new law is set to ban bank owners in Vietnam from taking up senior positions at non-financial firms, a move aimed at overhauling the banking sector, which has been mired in [...]
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Mobile payments boom, but not in Vietnam

02-Dec-2017 Intellasia | Vietnamnet | 6:00 AM

While mobile payments are becoming more widely used in many countries, the service remains unpopular in Vietnam, despite the high number of mobile phone subscribers. Can Van [...]
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