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Category: FinanceSubscribe via RSS Feed

Reference exchange rate down at week’s beginning

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

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,132 VND per USD on September 9, down 6 VND from the last working day of previous week (September [...]
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Mobile banking project launched for low income people and women

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

Vietnam Bank for Social Policies (VBSP) on Friday officially launched the project “Mobile Banking Financial Inclusion and Economic Empowerment for Low Income People and [...]
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Woori Bank continues to expand in Vietnam

10-Sep-2019 Intellasia | Tri Thuc Tre | 6:02 AM

The State Bank of Vietnam (SBV) on September 3rd 2019 issued Official Document 6915/NHN-TTGSNH on approving the eligibility to set up five domestic branches of Woori Bank [...]
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Banks aiming for Basel II

10-Sep-2019 Intellasia | Thoi bao Ngan hang | 6:02 AM

Applying Basel II is an indispensable requirement for Vietnamese commercial banks. According to the provisions of Circular 41/2016/TT-NHNN (Circular 41), from January 1, [...]
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VPBank to buy 50 million treasury shares

10-Sep-2019 Intellasia | Tri Thuc Tre | 6:02 AM

The Board of directors (BOD) of Vietnam Prosperity Commercial Joint Stock Bank (VPBank VPB) has issued a Resolution on the purchase of outstanding shares from the market to [...]
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E-wallet MoMo to promote non-cash payment in public services

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

Di Dong Truc Tuyen Services Joint Stock Company operating MoMo and FPT Information System (FPT IS) on Thursday signed a strategic cooperation agreement to use MoMo e-wallet [...]
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Gold prices may flutter to the end of the year

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

Gold prices right now are showing signs of decline, and experts warning the future forecast for the precious metal is unpredictable at best. Tran Thanh Hai, chair of the [...]
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Three joint stock banks compete for the leading position

07-Sep-2019 Intellasia | InfoMoney | 6:02 AM

Profit is not everything The first six months’ profit of private joint stock banks was still dominated by Vietnam Technological and Commercial Joint-Stock Bank [...]
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Asian investors flock to Vietnam’s banking sector

07-Sep-2019 Intellasia | Dau tu Chung khoan | 6:02 AM

Experts forecast that in the period of 2019 2020, the Vietnam’s banking system will continue to receive abundant capital from foreign investors, particularly investors [...]
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Techcombank to issue VND10 trillion of bonds this year

07-Sep-2019 Intellasia | Tri Thuc Tre | 6:02 AM

The Board of directors of Vietnam Technological and Commercial Joint Stock Bank (Techcombank TCB) has issued a Resolution on bond issuance in 2019. Specifically, the bank [...]
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Revenue sources of credit institutions more diverse

07-Sep-2019 Intellasia | Dau tu Chung khoan | 6:02 AM

The financial statements of the first six months of 2019 showed that, compared to before, the revenue structure was gradually more diverse and more sustainable, helping [...]
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Techcombank wins ‘Bank Partner of the Year’ Award by Asia Trusted Life Agents & Advisers

07-Sep-2019 Intellasia | DtiNews | 6:02 AM

Vietnam Technological & Commercial Joint Stock Bank (Techcombank) was crowned “Bank Partner of the Year” by Asia Trusted Life Agents & Advisers Award. [...]
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Profit of three banks change sharply after the audit

07-Sep-2019 Intellasia | Tri Thuc Tre | 6:02 AM

Banks’ six-month financial reporting season ended and banks now published their six-month financial statements after the audit. According to the review report of [...]
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Stock brokerages buy bank bonds to sell to other banks

07-Sep-2019 Intellasia | VN Express | 6:02 AM

Securities companies buy 40 percent of bank bonds on the primary market on behalf of other banks seeking to avoid regulatory hassles. In the first eight months of this year [...]
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Reference exchange rate continues to go down September 6

07-Sep-2019 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,138 VND per USD on September 6, down 2 VND from the previous day (September 5). With the current [...]
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