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Vietnam expects to raise VND120 trillion worth of G-bonds in Q3

24-Jul-2021 Intellasia | VNS | 5:02 AM

The State Treasury recently announced a plan to auction government bonds worth VND120 trillion (US$5.21 billion) via the Hanoi Stock Exchange in the third quarter of the [...] » More

Life insurance’s exploitation in Q3 likely to be less positive than Q2

24-Jul-2021 Intellasia | Dau tu Chung khoan | 5:02 AM

Incomplete statistics of life insurance businesses showed that in the first six months (H1) of 2021, the total newly exploited premium revenue of this group reached about 22 [...] » More

Techcombank’s average employee income soars to nearly VND45 million

24-Jul-2021 Intellasia | Doanh nghiep va Tiep thi | 5:02 AM

Vietnam Technological and Commercial Joint Stock Bank (Techcombank TCB) has recently released the financial statement in the second quarter (Q2) of 2021. In the first two [...] » More

Banking agents: caution will not create breakthrough

24-Jul-2021 Intellasia | Vietnamnet | 5:02 AM

State Bank of Vietnam is drafting a decree on non-cash payments which will replace Decree 110/2014. One of the expected policies of the decree is on payment agents, or [...] » More

50pct of banks’ lending decisions to be based on technology

24-Jul-2021 Intellasia | Vietnamnet | 5:02 AM

A report of IDC conducted under the authorisation of Backbase clearly shows two directions of development in the banking industry of Vietnam in the near future: mobile [...] » More

VietinBank, MB, Techcombank’ off-balance sheet outstanding balance reach over VND10 trillions

24-Jul-2021 Intellasia | NDH | 5:02 AM

In the update report on the banking industry, ACB Securities Company (ACBS) mentioned that the non-interest income will continue to grow significantly and contribute to [...] » More

Manulife Vietnam launches innovative new personal virtual assistant for agents

24-Jul-2021 Intellasia | Hanoi Times | 5:02 AM

MaxX D is set to revolutionise how Manulife Vietnam’s 57,000 agents work by enhancing their productivity and the customer experience. Manulife Vietnam continues to [...] » More

Reference exchange rate revised down by 6 VND

24-Jul-2021 Intellasia | VNA | 5:02 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,209 VND per USD on July 23, down 6 VND from the previous day. With the current trading band of +/ 3 [...] » More

VPBank sees profit up 37 per cent in 6 months

24-Jul-2021 Intellasia | VNS | 5:02 AM

Vietnam Prosperity Joint Stock Commercial Bank (VPB) achieved consolidated pre-tax profit of more than VND9 trillion (US$391.9 million) in the first six months of this year, [...] » More

Deposits in banks fall to a record as money flows in other investment channels

23-Jul-2021 Intellasia | Infonet | 5:02 AM

Since the savings interest rates dropped to record low levels, people have chosen other investment channels with higher yields such as securities, gold, real estate, etc. [...] » More

Reference exchange rate continues upward trend

23-Jul-2021 Intellasia | VNA | 5:02 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,215 VND per USD on July 22, up 4 VND from the previous day. With the current trading band of/- 3 [...] » More

Visa makes it easy to receive funds from abroad with Visa Direct

23-Jul-2021 Intellasia | Vietnam Business Forum | 5:02 AM

Visa, the world’s leader in digital payments, has partnered with Vietnam banks to make it easier for Visa debit cardholders to receive inbound remittances using [...] » More

Banks seek alternate sources for liquidity

23-Jul-2021 Intellasia | Saigon Investment | 5:02 AM

During the first half of the year the economy was showing signs of recovery, which helped credit institutions to grow strongly once again. However, because of competition, [...] » More

Lending interest rates unlikely to decline sharply

23-Jul-2021 Intellasia | SGGP News | 5:02 AM

Many economic experts said that with the current credit scale of over VND10 quadrillion if banks reduce the lending interest rate by 0.5 percent per annum, enterprises will [...] » More

Six priority strategies of banks amid COVID-19 pandemic

23-Jul-2021 Intellasia | VNA | 5:02 AM

Domestic banks will continue striving to ensure business performance and deliver on commitments to investors while supporting clients amid difficulties this year. A survey [...] » More