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SSI: savings interest rates to bottom out this year and soon rise again

28-Jan-2022 Intellasia | Tri Thuc Tre | 5:02 AM

According to the analysis team of Saigon Securities Incorporation (SSI Research), many banks have continued to increase savings interest rates for individual customers due to [...] » More

Techcombank leads CASA race

28-Jan-2022 Intellasia | Dau tu Chung khoan | 5:02 AM

The increase in Current Account Savings Account (CASA) helps banks save costs and raise Net Interest Margin (NIM) in credit activities. Thus, the race for CASA continues to [...] » More

Sacombank gives gifts for disadvantaged to enjoy Tet

28-Jan-2022 Intellasia | VNS | 5:02 AM

Sacombank has given gifts worth a total of over (US$307,580) to disadvantaged people living in 52 cities and provinces this month to help them celebrate Tet (the Lunar New [...] » More

Banks reach for the stars with tie-ups

28-Jan-2022 Intellasia | VIR | 5:02 AM

The prospects of strategic deals and ease in foreign ownership rules might provide commercial banks with more firepower. Meanwhile, a revision of the regulatory regime is [...] » More

BIDV, Saigon Times present 100 Tet gifts to poor households in HCM City

28-Jan-2022 Intellasia | The Saigon Times | 5:02 AM

The Bank for Investment and Development of Vietnam (BIDV), in coordination with the Saigon Times Group, today, January 26, donated 100 Tet gifts to poor households hit by the [...] » More

Reference exchange down 6 VND

28-Jan-2022 Intellasia | VNA | 5:02 AM

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,070 VND/USD on January 27, down 6 VND from the previous day. With the current trading [...] » More

VietinBank announces 16-year partnership deal with Manulife

28-Jan-2022 Intellasia | Doanh nghiep va Tiep thi | 5:02 AM

On January 24th 2022, Commercial Joint Stock Bank for Industry and Trade of Vietnam (VietinBank) and Manulife Vietnam have officially announced the 16-year exclusive [...] » More

IFC, LeapFrog, and DEG invest $165 million in HDBank

27-Jan-2022 Intellasia | Hanoi Times | 5:02 AM

The funding will help HDBank increase lending to retail and small and medium enterprises (SMEs), including women-owned or led ones. IFC, LeapFrog Investments, and DEG [...] » More

Shinhan Life comes to Vietnam

27-Jan-2022 Intellasia | VNS | 5:02 AM

Korea’s Shinhan Life Insurance on Tuesday launched operations in Vietnam. Lee EuiChul, general director of Shinhan Life Vietnam, said: “As a newcomer to the [...] » More

Techcombank enters billion-dollar profit club

27-Jan-2022 Intellasia | Vnexpress | 5:02 AM

Techcombank, the country’s largest private lender, reported a 47 percent rise in pre-tax profits last year to VND23.24 trillion ($1.03 billion) to join Vietcombank in [...] » More

Caution with medium-term risks needed

27-Jan-2022 Intellasia | Thoi bao Ngan hang | 5:02 AM

The last weeks of the Lunar Year and early weeks of the Lunar New Year are the golden time for banks to increase mobilisation, because this is the time when both people and [...] » More

Creating distinct and vibrant digital payment alternatives

27-Jan-2022 Intellasia | VIR | 5:02 AM

With the rise in easily accessible digital payment methods, an increasing number of merchants are beginning to accept alternative payments, in addition to cash. Marek [...] » More

Gold prices rise significantly before Tet

27-Jan-2022 Intellasia | VOV | 5:02 AM

Domestic gold prices continued to enjoy a considerable increase on January 24 to close at VND62 million per tael with just a few days to go ahead of the Lunar New Year of [...] » More

Bank deposit growth of individual customers slowed in 2021

27-Jan-2022 Intellasia | VNA | 5:02 AM

The deposit growth rate of individual customers at banks slowed last year due to the impacts of the pandemic. According to the latest data from the State Bank of Vietnam [...] » More

How mobile money services operate

27-Jan-2022 Intellasia | VIR | 5:02 AM

At the most basic level, mobile money is the provision of financial services through a mobile device, and the used applications are typically small pieces of software [...] » More