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SHB named in list of Top 100 Asean Banks

22-May-2014 Intellasia | SHB | 6:00 AM

Saigon Hanoi Commercial Joint Stock Bank (SHB) has lately been ranked in Top 100 Asean Banks 2014 by The Banker, the world’s leading reputable and prestigious journal [...]
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SBV net withdraws 8b dong on OMO on May 20

22-May-2014 Intellasia | NDH | 6:00 AM

The State Bank of Vietnam (SBV) injected 100 billion dong while withdrawing 108 billion dong from open market operations (OMO) on May 20, leading to a net withdrawal of eight [...]
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Banks reduce mutual borrowings

22-May-2014 Intellasia | VnExpress | 6:00 AM

In comparison with the end of last year, many giant banks reduced tens of trillion of dong of deposits and lending in the interbank market. Till the end of the first quarter [...]
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More credit opportunity for home buyers: paper

22-May-2014 Intellasia | VNA | 6:00 AM

Individual and institutional investors will be allowed to use their homes of the commercial projects that are under construction or will be developed as collateral to take [...]
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HSBC Vietnam to hike chartered capital

22-May-2014 Intellasia | TBNH | 6:00 AM

The State Bank of Vietnam (SBV) on May 19 issued a Decision No 962/QD-NHNN approving the chartered capital increase of HSBC Vietnam One-member Ltd Bank. Accordingly, the [...]
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Credit growth and record foreign exchange reserves

22-May-2014 Intellasia | TBKTSG | 6:00 AM

Is there a relationship between the record high foreign exchange reserves and the record low credit growth rate? The Governor of the State Bank of Vietnam, Nguyen Van Binh, [...]
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Banks slash salaries and cut jobs

22-May-2014 Intellasia | VNS | 6:00 AM

Eximbank has slashed nearly 500 workers and cut the salary for employees by 31.65 per cent in the first quarter this year, local press reported. In a separate financial [...]
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HCM City, Russia urged to boost economic bond

22-May-2014 Intellasia | VNA | 6:00 AM

HCM City and Russia should further boost trade promotion activities, aiming to create favourable conditions for the two sides to seek cooperation and investment [...]
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Banking sector continues to cope with many difficulties

22-May-2014 Intellasia | Dau Tu Chung Khoan | 6:00 AM

In 2014, with many stricter new policies affecting the entire banking operations and the macroeconomic situation to continue having many difficulties, the profit prospect of [...]
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WGC: Vietnam gold demand surges in Q1

22-May-2014 Intellasia | VOV | 6:00 AM

According to the latest report from the World Gold Council (WGC), Vietnam consumed 19.5 tonnes of gold in the first quarter of 2014, a 5 percent rise compared to the previous [...]
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Gold shop owner files complaint against Vietnam metro district

22-May-2014 Intellasia | Thanhnien News | 6:00 AM

The owner of a gold shop in HCM City has filed a written complaint against the district government for warrant that allowed police to raid her shop and confiscate a huge [...]
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Banks’ profit hard to have breakthrough in 2014

22-May-2014 Intellasia | Thoi Bao Ngan Hang | 6:00 AM

As reported by a number of commercial banks, the profit in the first quarter of 2014 was rather positive. In which, Vietnam Technological and Commercial Joint Stock Bank [...]
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Gold Demand in Vietnam Seen Declining by Half as Inflation Slows

22-May-2014 Intellasia | Bloomberg | 6:00 AM

Gold consumption in Vietnam, the largest Southeast Asian user after Thailand, will probably shrink by more than half this year after global prices fell, the currency [...]
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Trial of former ACB bank official reopens

22-May-2014 Intellasia | Dtinews | 6:00 AM

The Hanoi People’s Court reopened the trial of Nguyen Duc Kien, former vice chair of the founding council of the Asia Commercial Bank (ACB) on May 20, after it was [...]
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Vietnam’s central bank ready to sell foreign currency to stabilise forex rate

22-May-2014 Intellasia | VOV News | 6:00 AM

Despite the turmoil on the Vietnam East Sea, the monetary market and the banking operations have been still going normally and smoothly, Nguyen Thi Hong, head of the State [...]
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