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Category: FinanceSubscribe via RSS Feed

DongA Bank installs advanced ATMs to prevent theft

18-Jan-2014 Intellasia | VNS | 6:00 AM

The joint-stock DongA Bank has installed 250 new ATMs that use advanced technologies and offer new services and greater protection to users. The new ATMs, put into operation [...]
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Xoom Launches Money Transfer Service to Vietnam

18-Jan-2014 Intellasia | Nasdaq | 6:00 AM

Xoom Corporation (Nasdaq:XOOM), a leading digital money transfer provider, today announced the launch of its money transfer service to Vietnam. This bank deposit service [...]
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Hai Duong’s outstanding loans reach 35.806tr dong in 2013

18-Jan-2014 Intellasia | Bizlive | 6:00 AM

On January 14 2014, the State Bank of Vietnam (SBV) – Hai Duong Branch held a conference to sum up activities of 2013 and carry out missions in 2014. In 2013, total [...]
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Debt collection efforts needed

18-Jan-2014 Intellasia | VNS | 6:00 AM

Deputy prime minister Vu Van Ninh has asked tax officials to continue designing policies that reduce the difficulties faced by businesses and promote growth in 2014. Speaking [...]
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SBV posts net withdrawal of 115b dong via OMO on January 16

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

According to SSI Research’s statistics, the State Bank of Vietnam (SBV) injected 150 billion dong on open market operation (OMO) and withdrew 265 billion dong, [...]
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Gia Lai’s credit growth rate reaches 24.7pct in 2013

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

According to the State Bank of Vietnam (SBV) – Gia Lai Branch, in 2013, total raised capital in Gia Lai increased 14.3 percent compared to the end of 2012. Especially, [...]
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Quang Binh’s total outstanding credit reaches 19.111tr dong as at the end of 2013

17-Jan-2014 Intellasia | Bizlive | 6:00 AM

On January 14 2013, the State Bank of Vietnam – Quang Binh Branch held a conference to carry out bank missions in 2014. As reported by the SBV – Quang Binh [...]
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SBV determined to enact bad debt decree

17-Jan-2014 Intellasia | VIR | 6:00 AM

The State Bank of Vietnam has confirmed it will not delay the implementation of Circular 02/2013/TT-NHNN on the classification of debts slated to take effect on June 1, [...]
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Bitcoin has arrived in Vietnam

17-Jan-2014 Intellasia | Vietnamnet | 6:00 AM

This is the first and the only company in Vietnam accepting the payment in bitcoin so far. The notice has immediately caught the special attention from the public. A lot of [...]
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Companies borrow at low interest rate to deposit at higher interest rate

17-Jan-2014 Intellasia | Bao Dau Tu | 6:00 AM

The market has recently seen the phenomenon that many companies borrowed capital at banks at an interest rate of only 6 percent per year, then depositing back to other banks [...]
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Central bank rejects Bitcoin use in Vietnam

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

While the digital currency Bitcoin has been widely accepted in some nations in Europe and America and Vietnam has seen the first enterprise accepting transactions in Bitcoin, [...]
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Vietcombank unveils online fees

17-Jan-2014 Intellasia | VNS | 6:00 AM

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has revised its transaction fees and transaction limits for online money transfers. From January [...]
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New decree targets reduction of cash payments

17-Jan-2014 Intellasia | VNS | 6:00 AM

From March 1 State enterprises will have to switch to non-cash payments as stipulated by a government decree issued in December. Organisations and individuals using public [...]
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SeABank, PVI Holdings in comprehensive cooperation

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

Southeast Asia Commercial Bank (SeABank) and PVI Holdings Company inked a comprehensive cooperation agreement last Friday to exploit advantages of both sides and better [...]
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Vietnamese bank worker jailed for stealing $185,100 cash transported to ATMs

17-Jan-2014 Intellasia | Thanhniennews | 6:00 AM

A HCM City court Monday sentenced a bank employee to 19 years in jail for stealing around $185,100 worth of cash meant for his bank’s ATMs. Ly Chi Nguyen, 33, of [...]
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