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Category: FinanceSubscribe via RSS Feed

Vietnam in top four at regional financial analysis contest

29-Apr-2014 Intellasia | VNA | 6:00 AM

Vietnam’s team entered the top four at the Asia Pacific regional final of the CFA Institute Research Challenge, which took place in Singapore from April 23-24. The [...]
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BIDV lends $285m to EVN’s thermal plant

29-Apr-2014 Intellasia | Bizhub | 6:00 AM

The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and the Electricity of Vietnam (EVN) signed a comprehensive cooperation agreement on April [...]
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Bad debt ratio reported by credit institutions at 3.86pct as of end-Feb

28-Apr-2014 Intellasia | VnEconomy | SBV | 2:12 PM

At the regular press conference of April 2014 held by the State Bank of Vietnam (SBV), the bad debt ratio reported by credit institutions was 3.86 percent as of the end of [...]
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Credit growth reaches 0.62pct as of April 22: SBV

28-Apr-2014 Intellasia | DVO | SBV | 2:12 PM

The State Bank of Vietnam (SBV) in the afternoon April 25 organised the regular press conference of April 2014 inHanoito announce the results of the monetary management [...]
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Vietnam’s Money Supply Rises 3.93pct

28-Apr-2014 Intellasia | WSJ | 6:00 AM

Vietnam’s total money supply, or M2, as of April 22 was up 3.93 percent from the end of 2013, the State Bank of Vietnam said Friday. Total bank deposits as at April 22 [...]
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ABBank puts listing plan on hold

26-Apr-2014 Intellasia | Saigon Times Daily | 6:00 AM

Leaders of An Binh Commercial Bank, or ABBank, told an annual general meeting on April 23 that it would not list on the stock market this year as earlier planned. ABBank [...]
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Bankers hesitant on upgrading ATMs to Windows 7

26-Apr-2014 Intellasia | TBKTSG | 6:00 AM

Though Microsoft ended its support for Windows XP on April 8, Vietnamese banks are making no move to tighten security by upgrading their ATMs to Windows 7. No Vietnamese [...]
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VCB targets to pay 10pct dividend in 2014

26-Apr-2014 Intellasia | Thoi Bao Kinh Te Vietnam page 9 | 6:00 AM

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) organised the annual general meeting on April 23, 2014. By the end of 2013, VCB’s total [...]
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HDBank to cooperate with Banknetvn

26-Apr-2014 Intellasia | Thoi Bao Kinh Te Vietnam page 9 | 6:00 AM

On April 22, 2014, HCM City Housing Development Bank (HD Bank) has cooperated with Vietnam National Financial Switching JSC (Banknetvn) to successfully connect its ATM system [...]
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The State Bank of Vietnam and Deloitte Vietnam jointly held FATCA conference

26-Apr-2014 Intellasia | VIR | 6:00 AM

A conference for updates on the Foreign Account Tax Compliance Act (FATCA), jointly held by the State Bank of Vietnam (SBV) and Deloitte Vietnam and attracting [...]
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Vietnam man arrested in Japan on charge of smuggling money

26-Apr-2014 Intellasia | Thanhnien News | 6:00 AM

Japanese police arrested a Vietnamese man for his alleged role in a ring that sent at least 500 million yen (US$4.87 million) in illegal remittances to Vietnam, Asahi Shimbun [...]
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Banks eye mergers as nation accelerates lender restructuring

26-Apr-2014 Intellasia | Bizhub | 6:00 AM

Several banks have recently presented plans or expressed intentions to complete mergers even as the nation continues to speed up the restructuring of credit institutions. [...]
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Bank M&As encouraged by SBV, discouraged by experts

26-Apr-2014 Intellasia | Vietnamnet | 6:00 AM

While the State Bank of Vietnam believes that the merger of small and weak banks into larger and stronger ones will help speed up the bank restructuring process, experts [...]
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Banking sector to start restructuring process from Q2

26-Apr-2014 Intellasia | Dau Tu Chung Khoan page 27 | 6:00 AM

In the regular government’s meeting in March, the State Bank of Vietnam (SBV) Governor Nguyen Van Binh reported to the prime minister on the project of restructuring [...]
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Small shareholders’ opinion ignored

26-Apr-2014 Intellasia | Dau Tu Chung Khoan page 24 | 6:00 AM

The annual general meeting (AGM) season this year has witnessed many heated arguments of shareholders about no dividend payment from banks as well as their disagreement with [...]
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