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Category: FinanceSubscribe via RSS Feed

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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Government bonds to fund urgent projects

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

The Standing Committee of the National Assembly approved the extra allocation of government bonds for the 2014-16 period, prioritising projects nearing completion, urgent [...]
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Foreigners praise new bank cap rules

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

Industry experts welcomed the government’s Decree 01/2014/ND-CP which relaxes the bank ownership cap rules for foreign investors. VIR’s Trinh Trang and Nguyen [...]
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Vinh Long’s bad debt rate reaches 4.88pct as of December 31 2013

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

On January 14 2014, the State Bank of Vietnam (SBV) – Vinh Long Branch held a conference to carry out bank missions in 2014. As reported by the SBV – Vinh Long [...]
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SBV post net withdrawal of 1.291b dong via OMO on January 15

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

According to SSI Research’s statistics, the State Bank of Vietnam (SBV) injected 121 billion dong on open market operation (OMO) and withdrew 1.412 trillion dong on [...]
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Foreign capital flow to contribute to restructuring of weak banks

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

After the Decree No. 01/2014/ND-CP on foreign investors’ ownership ratio in local banks was issued, there were more open directions for ailing banks that are subject to [...]
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Banks still bleak about boosting credit in 2014

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

Bank executives are mulling ways to achieve credit growth this year amid a continuing tough business climate. The government’s target of 12-14 per cent credit growth is [...]
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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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