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Category: FinanceSubscribe via RSS Feed

Surprise rate cut, but further easing unlikely, says Capital Economics

21-Sep-2019 Intellasia | The Saigon Times | 6:02 AM

The State Bank of Vietnam’s (SBV’s) decision to cut interest rates by 25 basis points is surprising, given that growth appears to be holding up well at the [...]
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Vietnam Finance Forum 2019 takes place in Quang Ninh

21-Sep-2019 Intellasia | VNA | 6:02 AM

The annual Vietnam Finance Forum 2019 was held in the northern province of Quang Ninh on September 19 by the Ministry of Finance, focusing its discussion on theme of [...]
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Shinhan Bank wins 2018 Global Service Quality award from Visa

21-Sep-2019 Intellasia | VNS | 6:02 AM

The Shinhan Bank Vietnam Limited was honoured to receive the 2018 Global Service Quality award from Visa for being the “Bank with the highest authorisation approval [...]
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Reference exchange rate down 5 VND on September 20

21-Sep-2019 Intellasia | VNS | 6:02 AM

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,142 VND per USD on September 20, down 5 VND from the previous day (September 19). With the current [...]
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Banks benefit from reducing operating rates

21-Sep-2019 Intellasia | BizLIVE | 6:02 AM

The State Bank of Vietnam (SBV)’s decision to reduce operating rates had true value with large balances reflected in banks’ financial statements, especially when [...]
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The SBV net withdraws in 3 consecutive sessions

21-Sep-2019 Intellasia | BizLIVE | 6:02 AM

On September 18th, the State Bank of Vietnam (SBV) continued to offer a large amount of bills to partly withdraw money. The number of members participated and won at the bid [...]
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More than USD6.8 billion mobilised through private bond placement in first 8 months

21-Sep-2019 Intellasia | Bao Dau tu | 6:02 AM

According to the newly published statistics of the Hanoi Stock Exchange (HNX), the value of successful issuances in the first eight months of the year reached 157.901 [...]
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TPBank’s health improves positively after one year of listing

21-Sep-2019 Intellasia | Dau tu Chung khoan | 6:02 AM

Tien Phong Commercial Joint Stock Bank (TPBank, code on HCM City Stock Exchange (HoSE): TPB)) is step by step affirming its stable and transparent health situation with its [...]
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Online savings surprisingly safer

21-Sep-2019 Intellasia | Tri Thuc Tre | 6:02 AM

In Vietnam, e-banking is growing strongly with many products launched to the market, including online savings products. Instead of going to the transaction counters, [...]
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Eximbank: New milestone in 2019

21-Sep-2019 Intellasia | Nhip song Kinh te | 6:02 AM

In the first six months, Vietnam Export Import Commercial Joint Stock Bank (Eximbank)’s business results grew steadily and positively, in which profit before tax [...]
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HCM City urges PM to address problems with realty mortgages

21-Sep-2019 Intellasia | The Saigon Times | 6:02 AM

The current regulations on real estate trading, especially on mortgaging apartments that will be built in the future, have had certain adverse effects on the legitimate [...]
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Interest rates stay steady til year end: SBV official

20-Sep-2019 Intellasia | VNA | 6:02 AM

With a positive macroeconomic background at the moment, interest rates will basically stay steady until the end of the year due to excessive liquidity and proper credit [...]
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KB Asset Management launches representative office in Vietnam

20-Sep-2019 Intellasia | VIR | 6:02 AM

Launching the representative office in Vietnam is expected to help KB Asset Management (KBAM) a member of KB Financial Group (KBFG) expand its markets and develop investment [...]
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Banks’ strategy and response to Fintech’s competition

20-Sep-2019 Intellasia | Dau tu Chung khoan | 6:02 AM

In Vietnam, there are currently 154 financial technology companies (fintechs) operating in many different fields, of which the majority are related to payment. This causes a [...]
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Reference exchange rate revised up 4 VND on September 19

20-Sep-2019 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,147 VND per USD on September 19, up 4 VND from the previous day. With the current trading band of [...]
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