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Category: FinanceSubscribe via RSS Feed

World Bank offers $3.8b financial commitment for Vietnam

19-Jul-2014 Intellasia | Xinhua | 6:00 AM

The World Bank (WB) on Thursday announced an International Development Assistance (IDA)-sourced financial commitment of over 3.8 billion US dollars for Vietnam during the [...]
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M&A remains cornerstone for banking industry restructuring

19-Jul-2014 Intellasia | Dien Dan Doanh Nghiep | 6:00 AM

M&A remains the cornerstone for banking industry restructuring, said economic expert Bui Kien Thanh in his talk with reporters of the local Newswire Dien Dan Doanh Nghiep [...]
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VIB earns nearly 600b pre-provision profit in H1/2014

19-Jul-2014 Intellasia | Tri Thuc Tre | 6:00 AM

As per Vietnam Investment Bank (VIB), in the first six months of 2014, the bank has achieved some noteworthy financial targets as follows The pre-provision profit reached 598 [...]
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BIDV awarded ‘Best Commercial Bank’

19-Jul-2014 Intellasia | VOV | 6:00 AM

The Bank for Investment and Development of Vietnam BIDV has been selected – Best Commercial Bank – by the International Banker, a leading British financial and [...]
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State Treasury succeeds in raising 5tr dong of G-bond

19-Jul-2014 Intellasia | Vietnamplus | 6:00 AM

Hanoi Stock Exchange (HNX) on July 17 organised an auction of government-backed bond issued by the State Treasury with a total offering volume of five trillion dong for [...]
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Vietnam Central Bank Net Injects 1.331tr dong on July 17

19-Jul-2014 Intellasia | StoxPlus | 6:00 AM

The State Bank of Vietnam (SBV) net injected VND1.331 trillion on July 17, 2014, local newswire NDH reported citing data from SSI Research. In details, the SBV neither pumped [...]
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Life-insurance sector continues to maintain two-digit growth

19-Jul-2014 Intellasia | Thoi Bao Tai Chinh | 6:00 AM

During the first six months of the year, despite general difficulties of the economy and unimproved income of people, the life-insurance market still maintained positive [...]
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Dong appreciates despite devaluation by State Bank

19-Jul-2014 Intellasia | TBKTSG | 6:00 AM

The dollar price has been falling for one week, despite the State Bank of Vietnam’s move to devaluate the dong by one percent one month ago. The dollar price quoted by [...]
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Experts optimistic about credit market

19-Jul-2014 Intellasia | Dtinews | 6:00 AM

Experts have shown optimism despite the slow credit growth over the past six months, which had raised concerns over the banking system’s ability to reach the [...]
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World Bank President visits Vietnam

19-Jul-2014 Intellasia | Vietnamnet | 6:00 AM

On July 17, World Bank President Jim Yong Kim started his official visit to Vietnam to strengthen the relationships between the two sides…. In the first working day in [...]
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Vietnam bank for Social Policies Sees lending Up 4pct in Jan-June

18-Jul-2014 Intellasia | StoxPlus | 6:00 AM

Total outstanding loans of Vietnam Bank for Social Policies (VBSP), one of the two policy banks run by the Vietnamese government, increased by VND4.97 trillion ($233.2 [...]
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Deposit rate predicted to fall in H2/2014

18-Jul-2014 Intellasia | SBV | 6:00 AM

The Monetary Statistics and Forecasting Department under the State Bank of Vietnam (SBV) on July 15 announced the results of its survey on business trend of credit [...]
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PPF Vietnam Finance Company Changes Name and Owner

18-Jul-2014 Intellasia | StoxPlus | 6:00 AM

The State Bank of Vietnam (SBV) on July 14, 2014 had document on the change of name and owner of -TTGSNH owner PPF Vietnam Finance Company Limited (PPF Vietnam Finance [...]
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Banks switch to hold bond due to shutdown of a series of enterprises

18-Jul-2014 Intellasia | Dat Viet | 6:00 AM

As of June 30, HCM City alone had more than 1,300 enterprises that registered for dissolution (up seven percent from the same period of 2013) and more than 2,000 enterprises [...]
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VID Public Bank to turn 100pct foreign-owned

18-Jul-2014 Intellasia | Saigon Times Daily | 6:00 AM

VID Public Bank (VPB), the biggest joint venture bank in Vietnam in terms of network, will turn 100 percent foreign-owned as the Bank for Investment and Development of [...]
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