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Category: FinanceSubscribe via RSS Feed

US Treasury Dept: Vietnam is not currency manipulator

17-Jan-2020 Intellasia | The SaigonTimes | 7:02 AM

The US Department of the Treasury on January 14 issued a report concluding that Vietnam is not manipulating its currency but noted that the Southeast Asian country is still [...]
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IFC provides $212.5mn to VPBank

17-Jan-2020 Intellasia | VN EconomicTimes | 7:02 AM

Financing package from multiple sources to help bank expand lending to SMEs and boost financing, especially for climate-friendly projects. The International Finance [...]
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Race among Big4 banks changes

17-Jan-2020 Intellasia | VNE | 7:02 AM

The four state-owned bank, also known as the “Big 4″ with the largest scale of assets, mobilisation and lending, simultaneously announced their 2019 business [...]
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VN monetary policies do not create unfair gains in international trade: SBV

17-Jan-2020 Intellasia | VNS | 7:02 AM

The State Bank of Vietnam (SBV) will be consistent in regulating monetary policies according to market developments, with no aim for an unfair competitive edge in [...]
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Reference exchange rate down 2 VND

17-Jan-2020 Intellasia | VNA | 7:02 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,156 VND/USD on January 16, down 2 VND from the previous day. With the current trading band of +/-3 [...]
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More fulcrum appears for the exchange rate

17-Jan-2020 Intellasia | Dien dan Doanh nghiep | 7:02 AM

The United State’ (US)’s removal of the ‘currency manipulation’ label for China could cause the USD/CNY exchange rate to move in opposite directions [...]
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Abundant capital sources drive interbank interest rates down

17-Jan-2020 Intellasia | VNA | 7:02 AM

The increasing inflow of remittances ahead of the Lunar New Year has replenished the liquidity of the banking system, thus resulting in a steep fall in the interbank interest [...]
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ABBANK aids solar campaign

16-Jan-2020 Intellasia | VNS | 6:02 AM

An Binh Commercial Joint Stock Bank (ABBANK) and the Litre of Light Vietnam Project have organised “An Binh TetLitre of Light 2020″, which has presented a solar [...]
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Consumers warned of online trading frauds on Tet holiday

16-Jan-2020 Intellasia | SGGP News | 6:02 AM

Since the quantity of trading normally witnesses a significant growth when Tet holiday approaches, sophisticated frauds are more likely to happen. Several commercial banks [...]
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MoF announces 13 market makers for debt market

16-Jan-2020 Intellasia | VNS | 6:02 AM

Thirteen commercial banks and securities firms will be allowed to join the debt market or government bonds (G-bonds) market in Vietnam this year. According to the [...]
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Joonsuk Park picked as head of international subsidiary banking at HSBC Vietnam

16-Jan-2020 Intellasia | The SaigonTimes | 6:02 AM

HSBC has appointed Joonsuk Park as head of International Subsidiary Banking of Wholesale Banking in Vietnam. Prior to this, Park was head of Multinational Corporates (MNCs) [...]
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The banking industry in 2020 promises positive growth

16-Jan-2020 Intellasia | VnEconomy | 6:02 AM

All three organisations, including MB Securities Joint Stock Company (MBS), Viet Dragon Securities Corporation (VDSC) and Maybank Kim Eng Securities Limited (MBKE), assessed [...]
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Why are interbank rates ‘unusually low’ near Tet holiday this year?

16-Jan-2020 Intellasia | Tri Thuc Tre | 6:02 AM

The investment analysis and investment advisory centre of Saigon Securities Incorporation (SSI) has released its weekly capital market report to January 10th 2020. [...]
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Banks queue to be listed on HoSE

16-Jan-2020 Intellasia | Tin nhanh chung khoan | 6:02 AM

The Scheme on restructuring the stock market and insurance market until 2020 requires banks to list their stocks on HCM Stock Exchange (HOSE) or Hanoi Stock Exchange (HNX), [...]
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Reference exchange rate up 1 VND on January 15

16-Jan-2020 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,158 VND/USD on January 15, up 1 VND from the previous day. With the current trading band of +/-3 [...]
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