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Eximbank targets 1.8tr dong of profit before tax in 2014

25-Jan-2014 Intellasia | Cafef | 6:00 AM

Director board of Vietnam Export Import Commercial Joint Stock Bank (Eximbank) has announced business results for 2014. Accordingly, the bank targets 1.8 trillion dong of [...]
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Vietnam’s gold consumption continues the uptrend

24-Jan-2014 Intellasia | Saigon Times Daily | 6:00 AM

Vietnam consumed around 110 tonnes of gold in 2013, higher than previous years, despite global gold prices falling steadily and less gold sales points in the country, [...]
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Nation’s first ETFs to debut in Q3

24-Jan-2014 Intellasia | Saigon Times Daily | 6:00 AM

Administering agencies are speeding up legal and technical preparations for the birth of the first exchange traded funds (ETFs) in Vietnam in the third quarter of this year, [...]
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BIDV cautious in foreign partner selection

24-Jan-2014 Intellasia | Saigon Times Daily | 6:00 AM

Bank for Investment and Development of Vietnam (BIDV) is prudently looking for foreign strategic partners after getting approval to list on the Hochiminh Stock Exchange [...]
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SBV makes net injection of 9.695tr dong on OMO on January 22

24-Jan-2014 Intellasia | Nguoi Dong Hanh | 6:00 AM

According to SSI Research’s statistics, the State Bank of Vietnam (SBV) injected 9.816 trillion dong on open market operation (OMO) and withdrew 121 billion dong on [...]
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HCM City: 4 Tons Outstanding Loans in Gold

24-Jan-2014 Intellasia | StoxPlus | 6:00 AM

At the moment, outstanding loans in gold in Hochiminh City (HCM City) is estimated at about 4 tonnes, local newswire Dau tu Chung khoan reported citing Nguyen Hoang Minh, [...]
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US dollar weakens against dong

24-Jan-2014 Intellasia | Saigon Times Daily | 6:00 AM

The US dollar has weakened slightly against dong these days as corporate demands for the greenback have been falling, bankers said. Local enterprises usually have strong [...]
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Vietnam Central Bank Sees 2014 Credit Growth 12pct-14pct

24-Jan-2014 Intellasia | Wall Street Journal | 6:00 AM

Total lending in Vietnam should grow between 12 percent and 14 percent this year in spite of bad debt, the central bank said. Credit grew by 12.5 percent last year. Total [...]
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Six cross-ownership groups in banking industry

24-Jan-2014 Intellasia | Dau Tu Chung Khoan | 6:00 AM

Cross-ownership is becoming more and more popular among enterprises in the economy, especially in the banking sector. Cross-ownership has threatened to transparency and [...]
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The Bank of Azerbaijan got a chance to transfer money to Vietnam, Czech Republic and Mongolia

24-Jan-2014 Intellasia | ABC | 6:00 AM

Baku, Fineko/abc.az. “Zolotaya Korona – money transfers” Service and the Bank of Azerbaijan OJSC expand their cooperation. According to the Service, [...]
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PVI’s revenues increase strongly

24-Jan-2014 Intellasia | Saigon Times Daily | 6:00 AM

PVI Holdings obtained insurance premiums of nearly VND6 trillion last year, up 30 percent from 2012. Bui Van Thuan, general director of PVI Holdings, said that the [...]
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Further rate cuts unlikely: experts

24-Jan-2014 Intellasia | Saigon Times Daily | 6:00 AM

The central bank’s governor has recently mentioned the possibility of further cutting the lending rate by one to two percentage points this year to make life easier for [...]
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SBV Can’t Buy in Gold Currently

24-Jan-2014 Intellasia | StoxPlus | 6:00 AM

As the difference between the domestic and world gold prices remains relatively high at about VND3 million/tael, there is no possibility that the State Bank of Vietnam (SBV) [...]
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Vietnam’s gold consumption continues the uptrend

24-Jan-2014 Intellasia | Saigon Times Daily | 6:00 AM

Vietnam consumed around 110 tonnes of gold in 2013, higher than previous years, despite global gold prices falling steadily and less gold sales points in the country, [...]
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Can Tho’s outstanding loans reach 43.746tr dong as of December 31 2013

23-Jan-2014 Intellasia | Nguoi Dong Hanh | 6:00 AM

As reported by the State Bank of Vietnam (SBV) – Can Tho City Branch, the city has 50 credit organisations with 227 transaction points. In 2013, the banking [...]
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