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Sacombank in tie up with IBM to transform its security operations centre

02-Mar-2021 Intellasia | VNS | 5:02 AM

Sacombank continues to collaborate with IBM for transforming its security operations centre to strengthen its data security infrastructure. The centre was established and [...] » More

Pawn shop chains raise big bucks to expand

02-Mar-2021 Intellasia | VNExpress | 5:02 AM

Vietnamese pawn shop chains have been attracting increasing investment for several years now as large demand for quick loans prompt their expansion. Leading jeweler Phu Nhuan [...] » More

Credit market share of private banks rise

02-Mar-2021 Intellasia | VNA | 5:02 AM

Private banks have posted significant growth in credit market share in the past five years. According to statistics from Viet Dragon Securities Company (VDSC), 26 listed [...] » More

Reference exchange rate up 15 VND at week’s beginning

02-Mar-2021 Intellasia | VNA | 5:02 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,145 VND per USD on March 1, up 15 VND from the last working day of the previous week (February 26). With [...] » More

Wave of lending interest rate decline expected

02-Mar-2021 Intellasia | Nguoi lao dong | 5:02 AM

Commercial Joint Stock Bank for Foreign Trade of Vietnam (Vietcombank) announced to continue lowering lending interest rates to individual customers and businesses in the [...] » More

Will Vietcombank offer private placement at 6.5pct of capital in 2021?

02-Mar-2021 Intellasia | NDH | 5:02 AM

Commercial Joint Stock Bank Foreign Trade of Vietnam (Vietcombank) has announced the plan to organise the Annual general Meeting (AGM) in 2021. Accordingly, the AGM of the [...] » More

Banks launch bailout packages for coronavirus affected firms

02-Mar-2021 Intellasia | VOV | 5:02 AM

With the third wave of the novel coronavirus (COVID-19) pandemic causing numerous challenges for local businesses, several banks such as BIDV, Vietcombank, VietinBank, and [...] » More

SSI Research: BIDV’s profit may increase by 46pct in 2021

27-Feb-2021 Intellasia | NDH | 5:02 AM

Saigon Securities Incorporation Research centre (SSI Research) has issued a report on Commercial Joint Stock Bank for Investment and Development of Vietnam (BIDV, HoSE: BID), [...] » More

Consumer credit hardly accelerates in 2021

27-Feb-2021 Intellasia | Dau tu Chung khoan | 5:02 AM

After the “golden period” with a compound growth rate of about 35 percent per year, the Vietnam’s consumer finance market slowed down in 2020 and is [...] » More

Reference exchange rate stays stable

27-Feb-2021 Intellasia | VNA | 5:02 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,130 VND per USD on February 26, unchanged from the previous day. With the current trading band of +/-3 [...] » More

Future of Vietnam’s leading consumer finance company decided: analysts

26-Feb-2021 Intellasia | Vnexpress | 7:31 AM

VPBank will either sell its stake in fully-owned subsidiary FE Credit next quarter or make an initial public offering by year end. It expects to wrap up ongoing negotiations [...] » More

Reference exchange rate down 2 VND on February 25

26-Feb-2021 Intellasia | VNA | 7:31 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,130 VND per USD on February 25, down 2 VND from the previous day. With the current trading band of +/-3 [...] » More

VCBS: ACB profits may increase by 22pct

26-Feb-2021 Intellasia | NDH | 7:31 AM

Vietcombank Securities (VCBS) has released a report on Asia Commercial Joint Stock Bank (HoSE: ACB). The securities company estimated that ACB can gain 11.967 trillion dong [...] » More

Some banks take advantage of SBV’s operating interest rate reduction to make profits

26-Feb-2021 Intellasia | Vietnam Finance | 7:31 AM

In 2020, the State Bank of Vietnam (SBV) continuously lowered the operating interest rates to create conditions for commercial banks to lower lending interest rates in order [...] » More

Ex-Standing deputy minister of Industry and Trade appointed as chair of Vietbank

26-Feb-2021 Intellasia | VIR | 7:31 AM

The Board of directors of VietBank has just decided to appoint Bui Xuan Khu as vice chair to replace Duong Ngoc Hoa from February 23. The new chair of the Board of directors [...] » More