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Category: FinanceSubscribe via RSS Feed

Smart banking and financial management services at the 4.0 period

18-Jun-2019 Intellasia | Nhip song Kinh te | 10:16 AM

According to Decision No. 2545/2016/ QD-TTg, the prime minister has approved the project of developing cashless payment in Vietnam in the period of 20162020, setting a target [...]
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‘High-end real estate suffered from credit tightening’, what does SBV say?

18-Jun-2019 Intellasia | Tri Thuc Tre | 10:16 AM

Recently, the State Bank of Vietnam (SBV) was seeking public opinion for the Draft Circular replacing Circular No.36/2014/TT-NHNN, with some contents on tightening real [...]
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Credit growth slows down in the first five months

18-Jun-2019 Intellasia | Tri Thuc Tre | 10:16 AM

According to the newly updated data from the State Bank of Vietnam (SBV), credit outstanding for the economy by the end of May increased by 5.74 percent compared to the end [...]
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Reference exchange rate down 1 VND on June 14

15-Jun-2019 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,059 VND per USD on June 14, down 1 VND from the previous day (June 13). With the current trading band of [...]
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Central bank unveils monetary policy for H2 2019

15-Jun-2019 Intellasia | VNS | 6:00 AM

he State Bank of Vietnam (SBV) will continue to follow a pro-active, flexible and cautious monetary policy as well as working in close conjunction with fiscal and other [...]
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Many banks still delay their plans to go listed

15-Jun-2019 Intellasia | | 6:00 AM

Many banks missed the listing appointment in the past year and promised to go listed this year, but on the condition that the market had favourable movements. Deadline for [...]
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Who takes the lead, who lags behind in Basel II race?

15-Jun-2019 Intellasia | Tri Thuc Tre | 6:00 AM

Basel is one of the risk management standards applied at most leading commercial banks in the world for many years. In Vietnam, from 2017 backwards, the concept of Basel II [...]
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Consumer finance market increases heat

15-Jun-2019 Intellasia | Dau tu Chung khoan | 6:00 AM

Consumer lending services in Vietnam tend to thrive thanks to the increasing needs of people. The fact that many new credit institutions entered the market has demonstrated [...]
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State Treasury mobilises 4 trillion VND from G-bonds

15-Jun-2019 Intellasia | VNA | 6:00 AM

The State Treasury has raised 4 trillion VND (171.2 million USD) through government bond auctions on the Hanoi Stock Exchange (HNX) this week. As much as 3 trillion VND worth [...]
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Foreign capital flows through domestic banks

14-Jun-2019 Intellasia | Thoi bao Ngan hang | 6:00 AM

According to Bloomberg news, in the first five months of 2019, the US dollar syndicated lending activity in Vietnam market was about $2 billion. Although this level was not [...]
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DATC prepares to auction shares at MSB

14-Jun-2019 Intellasia | Tri Thuc Tre | 6:00 AM

Hanoi Stock Exchange (HNX) has just announced that on June 18, HNX along with Vietnam Debt Trading Company Limited (DATC) will auction the divestment of shares owned at [...]
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Portal launched to connect borrowers with credit institutions

14-Jun-2019 Intellasia | VNA | 6:00 AM

The National Credit Information Centre of Vietnam (CIC) and the State Bank of Vietnam (SBV) has officially launched a portal connecting borrowers and credit institutions. [...]
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Electronic payment in Vietnam reaches $13b per day

14-Jun-2019 Intellasia | Chinh phu | 6:00 AM

In recent times, the cashless consumption in Vietnam has been increasingly popular, after the government has taken drastic measures to direct this issue. In particular, in [...]
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Banks compete for customers in credit card market

14-Jun-2019 Intellasia | VNS | 6:00 AM

Competition in the country’s credit card market has become stiff as more and more foreign and domestic banks as well as finance companies are competing to gain market [...]
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Techcombank approved to apply Basel II standards soon

14-Jun-2019 Intellasia | Tri Thuc Tre | 6:00 AM

Techcombank was entitled to apply Basel II on capital safety since July 1, 2019. The Governor of the State Bank of Vietnam (SBV) issued Decision No.1200/QD-NHNN on Vietnam [...]
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