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Category: FinanceSubscribe via RSS Feed

Issuance of valuable papers reaches record high level in ‘Basel II era’

12-Feb-2020 Intellasia | NDH | 6:02 AM

According to statistics of 22 banks by NDH newspaper, the total issuance value of valuable papers (mainly bonds, bills, certificates of deposits (CDs), promissory notes) in [...]
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Some banking shares have prices below par value

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

Although many banks were famous in the stock market, the story of the par value of their stocks was still very difficult. SHB stock of Saigon Hanoi Commercial Joint Stock [...]
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Comprehensive financial strategy: banks play a crucial role

12-Feb-2020 Intellasia | Thoi bao Ngan hang | 6:02 AM

On January 22, 2020, the prime minister issued Decision No. 149/ QD-TTg approving the National Comprehensive Financial Strategy until 2025, with orientations to 2030. [...]
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BIS membership marks new stride in State Bank’s integration process

12-Feb-2020 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam (SBV) was recently invited to become a member of the Bank for International Settlements (BIS), showing the BIS’s recognition of [...]
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Vietnam to tighten corporate bond regulations

12-Feb-2020 Intellasia | VN Express | 6:02 AM

The Ministry of Finance plans to make regulations for corporate bond issuances more stringent, including the ratio to the issuer’s equity, to protect investors. There [...]
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Vietnam will not use exchange rate as a tool to boost trade: SBV

12-Feb-2020 Intellasia | Vietnamnet | 6:02 AM

The State Bank of Vietnam (SBV) has many times affirmed that Vietnam has no intention of devaluing the local currency to gain advantages in trade with its partners. Vietnam [...]
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Foreign banks start consumer finance boost in Vietnam’s market

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

Foreign banks have decided to boost consumer finance loans as the business segment is forecast to maintain double digit growth this year. With competitive advantages in [...]
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Inflation pressure eases and exchange rate remains stable in the coronavirus outbreak

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

The consumer price index in January 2020 increased by 6.4 percent over the same period in 2019, from 5.2 percent in December, according to the statistics released by the [...]
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Local gold prices soar amid coronavirus spread

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

Domestic gold prices maintained their growth, exceeding VND44 million per tael today, February 10, the local media reported. In HCM City, at 11 a.m., SJC-branded gold jumped [...]
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Financial sector elicits most complaints in Vietnam

11-Feb-2020 Intellasia | VN Express | 6:02 AM

Banking, finance and insurance were the three industries to receive the most customer complaints in 2019, the Ministry of Industry and Trade has reported. They accounted for [...]
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VPBank named in the global 300 most valuable banking brands: Brand Finance

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

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) jumped 81 spots to rank 280th in the Brand Finance Banking 500 announced early this month which featured the most [...]
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Banks provide assistance to businesses affected by epidemic outbreak

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

In response to the State Bank of Vietnam’s appeal, a number of credit institutions have announced plans to support businesses affected by the coronavirus epidemic. [...]
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Banks told not to hike interest rates

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

Commercial banks operating in the country have been asked not to increase their interest rates, including deposit rates, while the central bank stands ready to provide [...]
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9 Vietnamese banks stand on the top 500 valuable brands globally

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

Brand Finance, the world’s leading brand valuation consultancy firm, has just announced the global ranking of the Brand Finance Banking 500 in 2020. Accordingly, [...]
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Banks, fintech firms promote cashless payments during epidemic

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

To prevent the spread of the new strain of coronavirus in Vietnam, customers are encouraged to adopt cashless payment methods. Some banks and fintech firms have taken the [...]
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