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Category: FinanceSubscribe via RSS Feed

The foreign exchange market changes unpredictably

06-Feb-2020 Intellasia | Tri Thuc Tre | 6:02 AM

The SSI Securities Corporation Analysis Department (SSI Research) had just released a monetary market report for the week of January 20 to January 31, 2020. Accordingly, the [...]
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Gold continues to slump after God of Wealth Day

06-Feb-2020 Intellasia | The SaigonTimes | 6:02 AM

Local gold prices continued falling sharply today, February 4, after local people rushed to buy gold on God of Wealth Day on Monday in anticipation of good luck and [...]
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Hanwha Life new premium income tops trillion dong

06-Feb-2020 Intellasia | VNS | 6:02 AM

Hanwha Life Vietnam Insurance Co reported first year premium revenues of VND1.05 trillion (US$45.3 million) last year, a year-on-year increase of 20 per cent. The strong [...]
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Will bank stocks continue to support the stock market?

06-Feb-2020 Intellasia | Dien dan Doanh nghiep | 6:02 AM

In the Coronavirus outbreak, bank stocks have underpinned Vietnam’s stock market in recent sessions. The trading session on February 3rd took place with a focus on the [...]
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VietinBank transforms in the 4th industrial revolution

06-Feb-2020 Intellasia | Vietnam Finance | 6:02 AM

Many economists and technologists assess that the world has never seen such traditional business platforms fluctuating so strongly in 2019. These are the effects of the [...]
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Two-thirds of Vietnamese use online credit and e-payments in 2019

06-Feb-2020 Intellasia | HanoiTimes | 6:02 AM

Up to 64 percent of respondents in Vietnam applied for online credit in 2019 at least once. As online payments and digital lending are in priority for the Asians when it [...]
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Banks attract deposits at the beginning of the year

06-Feb-2020 Intellasia | Dau tu Chung khoan | 6:02 AM

Like every year, raising interest rates, launching a series of promotional gifts, etc. are the moves used by banks to attract idle money after the Lunar New Year 2020. Kim [...]
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MB gets nod to increase charter capital to more than $1 billion

06-Feb-2020 Intellasia | VNS | 6:02 AM

The State Bank of Vietnam has approved Military Commercial Joint Stock Bank (MB)’s proposal to increase its charter capital to VND24.42 trillion (US$1.06 billion) from [...]
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Global volatilities cause Vietnamese currency to depreciate

06-Feb-2020 Intellasia | VNS | 6:02 AM

After a long period of stability, pressure from global markets has caused the dong to depreciate significantly against the US dollar in the past few days. The VND/USD [...]
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The interest rate in Vietnam faces many challenges

05-Feb-2020 Intellasia | 05-FEB-2020 Ontellasia | Vietnam Finance | 6:02 AM

There was still an imbalance in the Vietnamese financial system as the credit institution sector accounted for a large proportion of the total system assets and played a [...]
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CAR at state-owned commercial banks reaches the lowest

05-Feb-2020 Intellasia | 05-FEB-2020 Ontellasia | NDH | 6:02 AM

According to the latest data published by the State Bank of Vietnam (SBV), as of November 2019, the system’s minimum capital adequacy ratio (CAR) was at 12.21%, up from [...]
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God of Wealth Day attracts few gold buyers because of virus fears

05-Feb-2020 Intellasia | 05-FEB-2020 Ontellasia | VNS | 6:02 AM

Though jewellers have stockpiled ‘lucky’ gold products for today’s God of Wealth Day, most of their customers have stayed away out of fear of coronavirus. [...]
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Over 411 million USD raised through G-bonds in January

05-Feb-2020 Intellasia | 05-FEB-2020 Ontellasia | VNA | 6:02 AM

A total of over 9.52 trillion VND (nearly 411.2 million USD), was raised by the State Treasury through 12 G-bond auctions at the Hanoi Stock Exchange (HNX) in January. The [...]
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Twelve banks clear all bad debts at VAMC

05-Feb-2020 Intellasia | 05-FEB-2020 Ontellasia | VNS | 6:02 AM

Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Vietnam Asset Management Company (VAMC). The banks include [...]
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Selecting investment channels in 2020 turns difficult

05-Feb-2020 Intellasia | 05-FEB-2020 Ontellasia | Thoi bao Ngan hang | 6:02 AM

Many experts agreed that the prospects of Vietnam’s economy for 2020 would continue to be brighter. 2020 was considered a pivotal year of Vietnam’s socio-economy, [...]
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