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Category: FinanceSubscribe via RSS Feed

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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New regulations on foreign exchange management

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

The State Bank of Vietnam has issued Circular No. 06/2019/TT-NHNN on foreign exchange management for foreign direct investment activities in Vietnam. The Circular, scheduled [...]
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Competition in mobilisation remains active

13-Aug-2019 Intellasia | Dau tu Chung khoan | 6:02 AM

Not only in the long term, many banks are increasing deposit rates in both short and medium term to restructure the capital, meeting the roadmap to reduce short-term capital [...]
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Agribank gets green light for $218 million bond issuance

13-Aug-2019 Intellasia | VN Express | 6:02 AM

The State Securities Commission has approved a VND5 trillion ($218 million) non-convertible bond issue by state-owned lender Agribank. The giant bank recently announced it [...]
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Vietnam Report announces 10 most prestigious Vietnamese banks 2019

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

On August 8th 2019, Vietnam Report Joint Stock Company (Vietnam Report) held a ceremony to honour the Top 10 prestigious Vietnamese commercial banks. The Top 10 ranking is [...]
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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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SMEs does not access bank loans due to the lack of operating and financial capacity

10-Aug-2019 Intellasia | Bao Dau tu | 6:02 AM

For businesses, the most important thing is to borrow capital, not to reduce interest rate by 0.5 percent or one percent. Loan are more important than interest rate At the [...]
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State Treasury raises nearly $80m via G-bonds

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

The State Treasury of Vietnam mobilised VND1.85 trillion (US$79.54 million) through government bond auctions on the Hanoi Stock Exchange (HNX) on Wednesday. Some VND2 [...]
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Finance industry has difficult time finding personnel in digital era

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

With increasing digital adoption, the finance industry is having great difficulty finding human resources for new job positions, experts have said. “Digital banking is [...]
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Banks offer to sell trillions dong worth of assets to recover debts

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

Bad debts continue to be actively handled by banks by selling debts or collaterals. At the present time, Vietnam Bank for Agriculture and Rural Development (Agribank) can be [...]
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