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Category: FinanceSubscribe via RSS Feed

Greenback slides, gold on high

13-Feb-2014 Intellasia | VNS | 6:00 AM

The greenback yesterday slightly dipped against Monday in the wake of increasing gold prices, marking the highest point for gold in two months. The local gold price gained [...]
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New rules set for foreign investment in credit institutions

13-Feb-2014 Intellasia | VNS | 6:00 AM

The government has issued guidelines for the purchase of shares in Vietnamese credit institutions by foreign investors and their sale by these institutions through Decree No [...]
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Personal credit expected to prosper in 2014

12-Feb-2014 Intellasia | Dau Tu Chung Khoan page 27 | 6:00 AM

Commenting on the credit situation in 2014, leaders of many banks said that once the health of enterprise does not recover before the difficulties of the economy, the lending [...]
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Good conditions to increase credit flow

12-Feb-2014 Intellasia | Dau Tu page 7 | 6:00 AM

In 2013, with difficult situation of the economy, Vietnam’s banking and finance sector recognised highlights such as inflation control, exchange rate stability, [...]
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dong to be added to Big Mac Index

12-Feb-2014 Intellasia | The Saigon Times | 6:00 AM

When the first McDonald’s outlet makes debut in HCM City this Saturday, The Economist, a world’s leading economic news magazine, will certainly keep close watch [...]
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SBV posts net withdrawal of 19.119tr dong via OMO on February 10

12-Feb-2014 Intellasia | Nguoi Dong Hanh | 6:00 AM

According to SSI Research’s statistic, the State Bank of Vietnam (SBV) injected 80 billion dong on open market operation and withdrew 1.199 trillion dong on February 10 [...]
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MOF attempts to tax higher on wine, tobacco, levy tax on fizzy soft drinks

12-Feb-2014 Intellasia | Vietnamnet | 6:00 AM

The Ministry of Finance (MOF) has submitted to the government the draft luxury tax law, suggesting the 15-30 percent tax increases on wine, beer, and tobacco, which aims to [...]
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30pct tax proposed for SMS voting, prediction services

12-Feb-2014 Intellasia | Tuoi Tre News | 6:00 AM

Programmes that invite customers to predict football results or cast votes for contestants in reality TV shows by sending text messages should be subject to an excise tax [...]
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Crowds queue to buy gold on God of Wealth Day

12-Feb-2014 Intellasia | VIR | 6:00 AM

Gold retail trading surged sharply as many seekers of good fortune queued in long lines outside local shops to buy the precious metal on the God of Wealth Day [February 9, [...]
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Fitch upgrades long-term credit rating to positive

12-Feb-2014 Intellasia | Vietnamnet | 6:00 AM

A decision by Fitch Ratings has resulted in a revision of its outlook on Vietnam’s long-term credit rating to positive from stable, affirming its B+ rating. The ratings [...]
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Central bank prioritises currency market stability

11-Feb-2014 Intellasia | VOV | 6:00 AM

The State Bank of Vietnam (SBV) is committed to a flexible approach to management that maintains currency market stability and increases foreign currency reserves. The [...]
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Central bank to restructure non-bank credit institutions

11-Feb-2014 Intellasia | VNS | 6:00 AM

The State Bank of Vietnam (SBV) will focus on restructuring non-bank credit institutions such as financial companies and finance leasing firms this year. “Currently [...]
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Banks to be forced to list shares to help stop cross-ownership

11-Feb-2014 Intellasia | Vietnamnet | 6:00 AM

The State Securities Commission (SSC) and the State Bank of Vietnam (SBV) have urged commercial banks to list their shares on the bourse to make it easier to control the [...]
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Central bank pledges consistent, flexible forex policy

11-Feb-2014 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam (SBV) is committed to a consistent but flexible policy on foreign exchange management this year with a view to maintaining currency market stability [...]
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Safe to invest in property, savings

11-Feb-2014 Intellasia | VNS | 6:00 AM

Money should go into bank deposits or the property market as the economy is warming up and these investment channels appear safe and attractive enough, experts said. Vietnam [...]
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