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Category: FinanceSubscribe via RSS Feed

More than 22 billion USD in FDI poured into Mekong Delta

14-Aug-2019 Intellasia | VNA | 6:02 AM

As many as 1,609 foreign direct investment (FDI) projects, worth 22.3 billion USD, landed the Mekong Delta in the first half of 2019, reported the Vietnam government Portal [...]
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Central, Central Highlands regions seek ways to boost growth

14-Aug-2019 Intellasia | VNA | 6:02 AM

Nearly 300 delegates from 19 provinces and cities in the northern central, central coastal and Central Highlands regions gathered at a conference held by the Ministry of [...]
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Thua Thien-Hue: Wood exports soar 40pct

14-Aug-2019 Intellasia | VNA | 6:02 AM

Thua Thien-Hue province’s export revenue of wood and wooden products in the first half surged 40 percent year-on-year to nearly 60 million USD, according to the local [...]
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Banks keen on green projects

13-Aug-2019 Intellasia | VNS | 6:02 AM

Green credit is a trend in the global banking and finance industry and more Vietnamese banks are following suit. The State Bank of Vietnam (SBV)’s latest survey of [...]
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Vietnam set to relax foreign holding limit in special sectors

13-Aug-2019 Intellasia | Hanoi Times | 6:02 AM

Experts suggest the foreign ownership limit should be 49 percent to make the country’s finance and banking sector more attractive to foreign investors. The government [...]
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F88 issues corporate bonds

13-Aug-2019 Intellasia | VN Economic Times | 6:02 AM

Bonds totalling $4.3 million issued as part of lender’s long-term capital strategy. F88 has successfully issued corporate bonds totalling VND100 billion ($4.3 million) [...]
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Banks complete over 50pct of the 2019 profit plan

13-Aug-2019 Intellasia | Tri Thuc Tre | 6:02 AM

Statistics from 25 banks announced the financial statements, showing that in the first six months of 2019, the total profit before tax reached more than 53.6 trillion dong, [...]
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Shinhan Card: Korean firms showing great interest in Vietnam

13-Aug-2019 Intellasia | VN Economic Times | 6:02 AM

Chun Sang Yung, Head of the Global Business Department at Shinhan Card, tells VET about the company’s expansion plans in Vietnam’s booming consumer market. South [...]
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Probability of Vietnamese banks in H1 2019

13-Aug-2019 Intellasia | Vietnam Finance | 6:02 AM

Among the indicators that evaluate banks’ business performance, the rate of return seems to be the most important indicator, in which the Return on Average Equity [...]
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Bancassurance becomes main service earner for banks

13-Aug-2019 Intellasia | VNS | 6:02 AM

Instead of the modest contribution made previously, the insurance business segment, or bancassurance (banks cooperate with insurers to sell insurance products), has now [...]
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China yuan depreciation puts VND under pressure: experts

13-Aug-2019 Intellasia | Vietnamnet | 6:02 AM

A currency war could break out among a number of countries, Nguyen Tri Hieu, a finance expert told the press recently. In the past week, the world has witnessed a successive [...]
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Internal debt of Agribank increases by over 3.3tr dong in the first 3 months of 2019

13-Aug-2019 Intellasia | Tri Thuc Tre | 6:02 AM

Vietnam Bank for Agriculture and Rural Development (Agribank)’s consolidated Q1/ 2019 financial statements said that at the end of March 2019, the bank’s internal [...]
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Prudential Vietnam, PVcomBank continue bancassurance partnership

13-Aug-2019 Intellasia | VNS | 6:02 AM

Insurance company Prudential Vietnam has signed an agreement with the Vietnam Public Joint Stock Commercial Bank (PVcomBank) to sell its life insurance and wealth solutions [...]
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Reference exchange rate continues downward trend from late last week

13-Aug-2019 Intellasia | VNA | 6:02 AM

The daily reference exchange rate was set at 23,100 VND per USD on August 12, down 2 VND from the last working day of previous week (August 5-9), continuing on the downward [...]
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Are there opportunities for FWD in the biggest bancassurance deal in Vietnam?

13-Aug-2019 Intellasia | Nhip song Kinh te | 6:02 AM

At the end of July 2019, the insurance market was almost shaken by the news that two insurance corporations were competing for the right to distribute insurance through Joint [...]
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