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Category: VietnamSubscribe via RSS Feed

It’s time to say goodbye to ‘Mom and Pops’

26-Dec-2014 Intellasia | VOV | 6:00 AM

As of the end of October, nearly 834,400 enterprises have legally registered to do business in Vietnam and 96 percent of them are ‘mom and pops’ says the Ministry [...]
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CPI in December decreases in both Hanoi and HCM City

26-Dec-2014 Intellasia | VTV | 6:00 AM

As per Hanoi and HCM City Statistics Office, the reason for CPI this month to decrease is the petroleum and gas prices have consecutively been adjusted down over the last [...]
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VAMC purchases 123tr dong bad debts

26-Dec-2014 Intellasia | DVO | 6:00 AM

As per Doan Van Thang, deputy general director of Vietnam Asset Management Company (VAMC), as of December 23, VAMC purchased 123 trillion dong principal of bad debts. In [...]
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Greenback firmer against dong

26-Dec-2014 Intellasia | TBKTSG | 6:00 AM

The US dollar continued slightly appreciating against dong on December 22 compared to the weekend due to strong dollar demand of enterprises. The greenback was sold at [...]
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Former deputy head of Ocean Bank arrested for lending violations

26-Dec-2014 Intellasia | VIR | 6:00 AM

Former deputy general director of Ocean Commercial Joint Stock Bank Nguyen Van Hoan was prosecuted and arrested on December 22, for allegedly violating State regulations on [...]
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Vietcombank’s credit growth reaches nearly 14pct as of December 22

26-Dec-2014 Intellasia | DVO | 6:00 AM

Deputy general director of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank-VCB) Pham Thanh Ha has said that the bank’s credit growth as of [...]
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Vietcombank to provide financial services to power project

26-Dec-2014 Intellasia | VIR | 6:00 AM

The State Bank of Vietnam’s governor has allowed Vietcombank (VCB) to provide financial services to a World Bank-sponsored power project. The project aims to increase [...]
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TPBank lends $10m to Flexcom

26-Dec-2014 Intellasia | TBKTSG | 6:00 AM

Tien Phong Bank (TPBank) has clinched a credit agreement to provide $10 million for Flexcom Vietnam Co. Ltd (Flexcom Vina), a producer of plastic printed circuit boards for [...]
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VietABank modernises its information system

26-Dec-2014 Intellasia | Bizhub | 6:00 AM

VietABank has invested more than $2 million to upgrade its new generation data centre and e-banking service. It will apply virtualisation technology and cloud computing in [...]
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Insurance sector plans to achieve 59.319tr dong premium revenue in 2015

26-Dec-2014 Intellasia | Dau Tu Chung Khoan | 6:00 AM

In 2015, the entire insurance sector plans to achieve 59.319tr dong premium revenue. That is the figure given at the conclusion meeting on 2014 and implementation of the plan [...]
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WB pledges $200m for cement firms to generate electricity

26-Dec-2014 Intellasia | TBKTSG | 6:00 AM

The World Bank is expected to provide $200 million loans for domestic cement enterprises to invest in technology to collect heat from their kilns to generate electricity, [...]
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World Bank expected to provide $200m for Vietnam WHR systems

26-Dec-2014 Intellasia | Cemnet | 6:00 AM

The World Bank is expected to provide $200m for Vietnam’s cement companies to invest in technology to collect heat from their kilns to generate power, according to the [...]
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Vietnam plans faster lending in 2015 to spur growth

26-Dec-2014 Intellasia | Reuters | 6:00 AM

Vietnam expects lending to pick up next year, rising by up to 15 percent to accommodate a quicker economic expansion after inflation in 2014 was pegged at its lowest level in [...]
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Dong Nai posts record export turnover in 2014

24-Dec-2014 Intellasia | VOV | 6:00 AM

Southern Dong Nai province reported a record export value of more than $13 billion in 2014, surpassing the set target by $500 million and posting a 19 percent year-on-year [...]
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Vietnam sees trade deficit in first half of Dec

24-Dec-2014 Intellasia | VNA | 6:00 AM

Vietnam recorded a trade deficit of more than 474 million USD in the first half of December. According to the general Department of Customs, the nation’s total trade [...]
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