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Category: FinanceSubscribe via RSS Feed

Concerns about bancassurance’s rapid growth

09-Oct-2019 Intellasia | Tin nhanh chung khoan | 6:02 AM

The life insurance market is boiling again because the most expected cooperation between a bank and one of the largest insurance company in Vietnam was likely to fail in the [...]
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Preparing students for the real-life world

09-Oct-2019 Intellasia | The SaigonTimes | 6:02 AM

Having accompanied Vietnamese people for 11 years, apart from business goals, the consumer finance company Home Credit Vietnam always lists corporate social responsibility [...]
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Fintech sector sees strong growth in Vietnam

09-Oct-2019 Intellasia | The SaigonTimes | 6:02 AM

Up to 70 percent of the operational fintech businesses in Vietnam are startups funded by foreign investors from developed nations, indicating the strong potential for further [...]
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Sacombank profit zooms 89.5 per cent

09-Oct-2019 Intellasia | VNS | 6:02 AM

Sacombank reported pre-tax profit of VND2.491 trillion (US$107.21 million) for the first nine months of the year, a year-on-year increase of 89.5 per cent. Its assets were [...]
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Vietnam’s banks urged to maintain CASA ratio to control funding costs

09-Oct-2019 Intellasia | HanoiTimes | 6:02 AM

While the expansion of asset yields becomes more limited as the transition towards retail lending slows down and competition intensifies, the control of funding costs serves [...]
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Client ID holds key to making digital banking safe

09-Oct-2019 Intellasia | VNA | 6:02 AM

The banking sector is waiting for the State Bank of Vietnam to allow the use of electronic know your customer/client (e-KYC). TPBank was chosen to trial it in January last [...]
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Will credit growth be less than 14pct this year?

09-Oct-2019 Intellasia | Tri Thuc Tre | 6:02 AM

The recent survey of the State Bank of Vietnam (SBV) showed that credit institutions (CIs) have reduced their expectations of credit and mobilisation growth in the near [...]
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Vietcombank reports 9-month profit up to 17.592 tril dong

09-Oct-2019 Intellasia | Vietnam Finance | 6:02 AM

According to the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), in nine months of 2019, it recorded a separate pre-tax profit of 17.25 trillion dong, [...]
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Reference exchange rate up 2 VND on October 8

09-Oct-2019 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,157 VND per USD on October 8, up 2 VND from the previous day (October 7). With the current trading [...]
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Jio Health cooperates with Bao Viet Phu My to introduce Jio Premium 360 product

09-Oct-2019 Intellasia | DtiNews | 6:02 AM

Jio Health Vietnam and Bao Viet Phu My signed a cooperation agreement and launched the Jio Premium 360 product package, a combination of digital health and health insurance. [...]
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Banks forecast strong performance despite credit slowdown

09-Oct-2019 Intellasia | VNS | 6:02 AM

Most domestic credit institutions and foreign banks’ branches in Vietnam expect their business performance in 2019 to be better than last year despite the predicted [...]
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VietinBank’s dilemma in raising capital

08-Oct-2019 Intellasia | Nguoi Dong Hanh | 6:02 AM

Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), one of 10 banks subject to pilot implementation of Circular 41, has just announced the successful [...]
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Techcombank sharply increases six-month deposit rate

08-Oct-2019 Intellasia | InfoMoney | 6:02 AM

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) recently announced a new interest rate table applied from September 26, 2019. In particular, the six-month [...]
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Credit institutions expect rosy prospects for 2019

08-Oct-2019 Intellasia | VNA | 6:02 AM

Most of credit institutions have expected better business performance for the fourth quarter as well as the whole of 2019, according to a recent survey by the State Bank of [...]
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Remittances to HCM City surge in Jan-Sep

08-Oct-2019 Intellasia | The Saigon Times | 6:02 AM

Remittances to HCM City in January-September grew 7 percent year-on-year to reach some $3.8 billion, said Nguyen Hoang Minh, deputy director of the State Bank of [...]
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