Archive for July, 2005

SBV forex rates for July 29

30-Jul-2005 Intellasia | 29/Ju1/2005 State Bank of Vietnam | 9:11 AM

Interbank rate: 1 US dollar = 15,843.00 dong State commercial bank rates: USD buy 15,881.00 sell 15,883.00 JPY buy 140.04 sell 142.30 EUR buy 19,157.17 sell [...]
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Satra Group to change status

30-Jul-2005 Intellasia | 29/Jul/2005 Saigon Times Daily page 4 | 9:11 AM

The HCM City government has approved the plan to convert state-run Saigon Trading Group into a holding concern with the aim of creating a mega trading house in the country. [...]
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Strategy to boost SMEs

30-Jul-2005 Intellasia | 29/Jul/2005 Vietnam News page 14 | 9:10 AM

The Small and Medium Enterprises Development Strategy, whose first draft is now being compiled, is expected to provide a major boost to the sector. The strategy, to [...]
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Ministry to check small-scale automakers? capacity

30-Jul-2005 Intellasia | 29/Jul/2005 Saigon Times Daily page 2 | 9:10 AM

The Ministry of Industry will check the capability of small-scale automakers that have been licensed by provincial and municipal governments to ensure that the manufacturers [...]
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Standing Committee looks at equal footing clause in draft business law

30-Jul-2005 Intellasia | 29/Jul/2005 Saigon Times Daily page 1 | 9:09 AM

The National Assembly Standing Committee, which is thoroughly looking into the draft of the Unified Business Law, on July 28 underlined a view that all enterprises would be [...]
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Select strategic investors after equitisation

30-Jul-2005 Intellasia | 28/Jul/2005 VoV | 9:08 AM

During the past 10 years, more than 2,300 state-owned enterprises have been equitised, most of which are small-scale, and State capital in these equitised enterprises makes [...]
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Third property certificate cut from draft law

30-Jul-2005 Intellasia | 28/Jul/2005 Thanh Nien | 9:07 AM

The draft law on property registration will be revised to exclude a proposed third property certificate as suggested by the Ministry of Justice, said the deputy minister of [...]
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Online customs clearance on trial in two port cities

30-Jul-2005 Intellasia | 28/Jul/2005 Thanh Nien | 9:07 AM

Two major cities have launched online customs clearance systems on a trial basis to help customers avoid complicated customs procedures and prepare for the official [...]
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China’s investments

30-Jul-2005 Intellasia | 29/Jul/2005 Dau Tu page 3 | 9:06 AM

China has 330 projects in Vietnam with combined registered capital of US$700 million making it the fourteenth largest investing country according to the planning ministry. [...]
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ACB opens HCM City branch

30-Jul-2005 Intellasia | 29/Jul/2005 Vietnam News page 16 | 9:05 AM

The Asia commercial Bank opened a new branch on of HCM City’s new Tan Phu District. This branch will bring the bank’s tally to 47 branches nationwide. The new branch [...]
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Quang Tri term-deposit balance rises 28% year-on-year

30-Jul-2005 Intellasia | 29/Jul/2005 Thoi Bao Ngan Hang page 15 | 9:05 AM

Total deposit balance of Quang Tri province based commercial banks in the first half posted a growth of 4.4% against last year. Particularly, total term-deposit balance by [...]
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Incombank signs debt trading deal

30-Jul-2005 Intellasia | 29/Jul/2005 Thoi Bao Ngan Hang page 5 | 9:04 AM

The Industrial and Commercial Bank of Vietnam (Incombank) and the Debt and Asset Trading Co (DATC) on July 25 signed a debt-trading contract. Accordingly, Incombank decided [...]
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Da Nang deposit balance up 11.9%

30-Jul-2005 Intellasia | 29/Jul/2005 Kinh Te Vietnam & The Gioi page 7 | 9:02 AM

Total deposit balance of Da Nang City-based commercial banks since the start of this year reached more than 8.692 trillion dong, up by 992 billion dong, posting a growth rate [...]
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Bank to have separate communication channel

30-Jul-2005 Intellasia | 29/Jul/2005 Tuoi Tre page 11 | 9:02 AM

The governor of the State Bank of Vietnam has assigned the banking information technology department to build a separate communication channel designed to transmit banking [...]
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Prudential takes pole position

30-Jul-2005 Intellasia | 29/Jul2004 Tuoi Tre page 11 | 9:01 AM

For the first time, Prudential Vietnam has defeated Vietnam Insurance Corp, or Bao Viet to take the lead in premium market share in new insurance policies as well as [...]
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