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Category: VietnamSubscribe via RSS Feed

Banking giants continue raising deposit rates

02-Aug-2016 Intellasia | Nguoi dua tin | 6:00 AM

Deposit rates have once again been adjusted by bank giants after the massive increase in the first week of July. After Vietcombank, Sacombank, Techcombank, Eximbank, etc. [...]
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Deposit interest rates up at banks

02-Aug-2016 Intellasia | VNS | 6:00 AM

Many commercial banks have raised deposit interest rates over the past few weeks for all tenures, raising concerns about an imminent lending interest rate hike. Maritime Bank [...]
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Vietnam stocks mixed again

02-Aug-2016 Intellasia | VNA | 6:00 AM

Vietnamese shares were mixed again on July 29 as investors sought profits in large-cap stocks following their recent gains. The benchmark VN Index on the HCM Stock Exchange [...]
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Business Briefs August 1

01-Aug-2016 Intellasia | | 3:52 PM

* Saigon-Hanoi Securities Company has registered to sell its entire stake totalling 457,700 shares (3.2 percent) in Vung Tau Construction & Real Estate Company (YRC) over [...]
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Vietnam banks to start issuing JCB credit cards

01-Aug-2016 Intellasia | Finextra | 6:00 AM

JCB International Co., Ltd (JCBI), international operations subsidiary of JCB Co., Ltd, today announced that Takashimaya Company, Limited (Takashimaya) and the Joint Stock [...]
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VNR names top 20 banks and insurance firms in Vietnam

01-Aug-2016 Intellasia | Vietnamnet | 6:00 AM

Thus, 10 banks and 10 insurance firms were selected and ranked, based on Vietnam Report’s independent research, with the three criteria being financial capacity shown [...]
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Vietnam approves $60m wind power project

30-Jul-2016 Intellasia | VnExpress | 6:00 AM

A Singaporean company plans to tap the potential for wind power in southern Vietnam. Southeast Asia’s leading renewable energy developer, The Blue Circle, has been [...]
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Bio-ethanol plant closed over huge debt

30-Jul-2016 Intellasia | TBKTSG | 6:00 AM

Central Petroleum Bio-ethanol JSC has closed its Dung Quat bio-ethanol plant in Quang Ngai Province due to poor sales and VND1.3 trillion (US$58.3 million) debt. In its [...]
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Fusion Suites Saigon opens in HCM City

30-Jul-2016 Intellasia | Bizhub | 6:00 AM

Fusion Suites Saigon, the latest addition to the Fusion brand of Serenity Holding, opened in HCM City yesterday. Located in District 1, Fusion Suites Saigon is only 30 [...]
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Last NYDC cafe in VN closed

30-Jul-2016 Intellasia | TBKTSG | 6:00 AM

New York Dessert Cafe (NYDC) has shut down its last restaurant in Vietnam after seven years of operation in the country. NYDC announced the closure of the cafe at the [...]
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LG Innotek to build new camera module factory in Vietnam

30-Jul-2016 Intellasia | Koreaherald | 6:00 AM

Electronic components firm LG Innotek said July 28 that it would invest $ 230 million by 2018 to build a camera module factory in Hai Phong, the third largest city of [...]
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FLC gets nod to invest in agricultural firm

30-Jul-2016 Intellasia | TBKTSG | 6:00 AM

FLC Group has got the go-ahead from the government of Thanh Hoa to invest in an agricultural firm which manages more than 1,180 hectares of farmland in the north-central [...]
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Taiwanese firms rush Vietnamese footwear sector

30-Jul-2016 Intellasia | VIR | 6:00 AM

Taiwanese firms are increasing capital investment in the Vietnamese footwear sector to benefit from Vietnam’s new free trade agreements (FTAs), including the [...]
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HCM City seeks green light for major PPP projects

30-Jul-2016 Intellasia | VNS | 6:00 AM

The HCM City People’s Committee has submitted for government approval a list of priority transportation and sanitation investment projects that will be developed in a [...]
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Vietnam becomes franchise magnet for foreign enterprises

30-Jul-2016 Intellasia | VnExpress | 6:00 AM

Vietnam’s franchise deals have risen by up to 20 percent so far this year. Vietnam is welcoming foreign franchises in various sectors including food and beverage, [...]
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