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VN banks handle $898.4 b through e-payments in Q1

23-May-2019 Intellasia | VNS | 6:00 AM

Vietnam’s interbank e-payment system handled 37 million transactions worth nearly VND21 quadrillion (US$898.4 billion) in the first quarter of the year, up 23 per cent [...]
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Private commercial banks funding the most for medium and long-term capital

23-May-2019 Intellasia | BizLIVE | 6:00 AM

Survey from Q1/2019 financial statements of 20 banks showed that the average medium and long-term loan ratio of the group was at 54.68%. Although this rate showed signs of a [...]
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Abundant mobilised capital cannot cool down interest rates

22-May-2019 Intellasia | BizLIVE | 6:00 AM

Half of the second quarter of 2019 has passed but the interest rates of deposits in dong at banks have not decreased, after rising from the end of 2018. In the interbank [...]
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Banking event highlights financial inclusion in Vietnam

22-May-2019 Intellasia | VNA | 6:00 AM

The topic on how to apply digital technologies to promote financial inclusion in Vietnam will be discussed at the Banking Vietnam Conference and Expo 2019 (Banking Vietnam), [...]
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Banks speed up resolving bad debts

22-May-2019 Intellasia | VOV | 6:00 AM

Commercial banks have been proactive in handling bad debts with many posting an increasing ratio. Financial statements released by 15 large and medium domestic banks for the [...]
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New motivation for banks

22-May-2019 Intellasia | VnEconomy | 6:00 AM

Although credit is still the core business activity which contributes 70-80 percent to banks’ total revenues and profit, the overly fast credit growth also poses big [...]
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The exchange rate to remain stable

22-May-2019 Intellasia | Dau tu Chung khoan | 6:00 AM

After a quiet movement since the beginning of the year, in the last three weeks, the USD/VND exchange rate increased by 100-150 points, from 23,200 dong to 23,300-23,350 [...]
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Reference exchange rate kept unchanged on May 21

22-May-2019 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,069 VND/USD on the morning of May 21, unchanged from the day ago. With the current trading band of +/- 3 [...]
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Vietnam’s non-cash payment market booms in Q1

22-May-2019 Intellasia | The Saigon Times | 6:00 AM

Online and mobile payments have kept booming, with year-on-year growth in the first quarter of 2019 reaching 70 percent and 97.7%, respectively. The figures suggest that [...]
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State Treasury raises nearly VND88 trillion via G-bond auction

22-May-2019 Intellasia | SGGP News | 6:00 AM

The Hanoi Stock Exchange has recently mobilised VND2.4 trillion worth of government bonds via auction, increasing total mobilised capital by the State Treasury since the [...]
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Real estate borrowings in the first quarter account for 18pct of total outstanding loans

22-May-2019 Intellasia | Lao Dong online | 6:00 AM

By the end of the first quarter of 2019, outstanding loans of real estate with purposes of business and self-use increased 3.29%, accounting for 18.08 percent of the total [...]
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Non-cash payment programme launched

22-May-2019 Intellasia | Vietnamnet | 6:00 AM

The programme on using non-cash payment methods at all schools and hospitals in the locality initiated by HCM City authorities may fail as it has not been welcomed by the [...]
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Pressure from the foreign currency lending termination

22-May-2019 Intellasia | Dien dan Doanh nghiep | 6:00 AM

According to Circular 42/2018/TT-NHNN, by the end of September 30th, credit institutions (CIs) will terminate the medium and long-term foreign currency lending to make [...]
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Experts warn GDP may decline if banks tighten real estate credit

22-May-2019 Intellasia | Vietnamnet | 6:00 AM

The tightening of real estate credit may deal another blow to the real estate market, which is facing difficulties from all sides, experts say. The State Bank of Vietnam [...]
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Cordial discussion on currency manipulation rumours

22-May-2019 Intellasia | VIR | 6:00 AM

Vietnam and the US will continue to work towards finding a common ground on financial matters, including the VND/USD exchange rate and trade balances. Deputy prime minister [...]
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