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Category: FinanceSubscribe via RSS Feed

Reference exchange rate continues to rise

01-Aug-2018 Intellasia | VNA | 6:02 AM

The daily reference exchange rate continued to be adjusted up on July 31, rising 10 VND from the previous day to 22,669 VND/USD. With the current trading band of +/- 3 [...]
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Bad debt ratio drops to 2.18pct in five years

31-Jul-2018 Intellasia | VNS | 6:02 AM

The non-performing loan (NPL) ratio at Vietnam’s credit institutions has dropped from 3.61 per cent in 2013 to 2.18 per cent currently, according to the Vietnam Asset [...]
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Vietnam begins to tighten monetary policy

31-Jul-2018 Intellasia | Vietnamnet | 6:02 AM

In the context of pressure on inflation and exchange rate, macroeconomic stabilisation must be the top priority, experts say. SBV(the State Bank of Vietnam) is now trying to [...]
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Reference exchange rate up 10 VND at week’s beginning

31-Jul-2018 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam set the daily reference exchange rate for July 30 at 22,659 VND/USD, up 10 VND from the last day of previous week (July 27). With the current [...]
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Vietnam banks’ profitability improves in Q1: central bank

31-Jul-2018 Intellasia | Hanoi Times | 6:02 AM

Higher revenue levels were also able to offset bad debt charges and mitigate the impact of credit costs on bottom-line profitability, stated the Moody`s Investors Service. [...]
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FOREX: No Volatility toward End of the year

31-Jul-2018 Intellasia | VCCI News | 6:02 AM

Global economic fluctuations, notably the trade war between the United States and China, are forecast to produce significant impacts on Vietnam’s economy. Exchange rate [...]
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As credit growth slows down, banks can hardly raise lending limits

31-Jul-2018 Intellasia | DTCK | 6:02 AM

After the first half of 2018, many banks have used the majority of their credit limit assigned for the whole year and expect to be granted more lending room. However, [...]
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Many banks still say no to 2018 business plan adjustment

28-Jul-2018 Intellasia | DTCK | 6:02 AM

At present, the banking sector has started to announce business results in the first six months of 2018. The preliminary statistics of the local Newswire Dau Tu Chung Khoan [...]
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Foreign capital flows into Vietnam’s stock market in takeover deals

28-Jul-2018 Intellasia | Vietnamnet | 6:02 AM

Financial institutes all report that foreign investors keep pouring capital into the Vietnamese stock market to take over Vietnamese profitable businesses.Foreign investors [...]
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Reference exchange rate stays flat

28-Jul-2018 Intellasia | VNA | 6:02 AM

The daily reference exchange rate was set at 22,649 VND/USD on July 27, unchanged from the previous day. With the current trading band of +/- 3 percent, the ceiling rate [...]
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Vietnam urged to remain cautious about depreciating VND

28-Jul-2018 Intellasia | Hanoi Times | 6:02 AM

Exchange rate management should be considered as part of a broader policy to increase the resilience of the economy and stabilise macroeconomic condition. Vietnam should [...]
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Retail continues to be major contributor to growth of non-life insurance market

28-Jul-2018 Intellasia | NDH | 6:02 AM

According to preliminary statistics, by the end of the first half of 2018, revenue of the non-life insurance market was estimated at over 22 trillion dong, up 12 percent over [...]
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Over $193 million raised from G-bonds on July 25

28-Jul-2018 Intellasia | VNA | 6:02 AM

The Hanoi Stock Exchange (HNX) raised VND4.5 trillion (approximately $193.5 million) at the latest auction of government bonds (G-bonds) issued by the State Treasury on July [...]
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Banks do not forget putting for risk provision despite high profits

28-Jul-2018 Intellasia | Bao Dau Tu | 6:02 AM

Banks are racing to report high profits achieved in the first six months but do not forget putting for risk provision. *Large profits earned from credit and services VPBank [...]
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Reference exchange rate goes down on July 26

27-Jul-2018 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam set the daily reference exchange rate at 22,649 VND per USD on July 26, down 5 VND from the previous day. With the current trading band of +/- 3 [...]
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