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Category: FinanceSubscribe via RSS Feed

SBV seeks to deter virtual gold traders

09-Oct-2014 Intellasia | Bizhub | 6:00 AM

A representative of the State Bank of Vietnam (SBV) affirmed that virtual gold trading was illegal and warned them of the extremely high risks involved. Vietnamnet online [...]
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Government wants State budget used to ease bad debt

09-Oct-2014 Intellasia | TBKTSG | 6:00 AM

The government has asked the National Assembly (NA) for approval to use the State budget to settle bad debt in a bid to fuel credit growth. In a recent review report on [...]
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Central bank will not revise up exchange rate

09-Oct-2014 Intellasia | TBKTSG | 6:00 AM

Given the exchange rate increase in the past days triggered by rumours about the possibility of the central bank adjusting the price of the dong, deputy governor Nguyen Thi [...]
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Banking sector employees paid highest salaries

09-Oct-2014 Intellasia | Vnexpress | 6:00 AM

The survey of the famous HR consulting firm Mercer and the Vietnamese representative Talentnet shows that the pharmaceuticals, consumer products and chemicals have the [...]
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Asia Money awards ‘Best Domestic Bank in Vietnam 2014′ to MB

09-Oct-2014 Intellasia | DDDN | TBKTSG | 6:00 AM

Vietnam Military Commercial Joint Stock Bank (MB-coded MBB) has recently been granted the “Best Domestic Bank in Vietnam 2014″ Award by the Organisation Board of [...]
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Baoviet Bank increases chartered capital to 3.15tr dong

09-Oct-2014 Intellasia | DVO/SBV | 6:00 AM

On October 6, 2014, the Governor of the State Bank of Vietnam (SBV) issued Decision on amendment of contents in the License on Operation of Baoviet Commercial Joint Stock [...]
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Only 73b dong divested from finance and banking sector in H1/2014

09-Oct-2014 Intellasia | Cong An NHan Dan | 6:00 AM

As per the latest report of the government, since the beginning of 2013, the state corporations have just divested 1.787 trillion dong out of 22 trillion dong investment in [...]
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Demand for G-bonds rises, but yield falls

09-Oct-2014 Intellasia | Bizhub | 6:00 AM

The government bond yields fell, while the GDP in Q3 grew compared with the last two quarters, said analysts from VP Bank Securities (VPBS) on October 6. The national GDP was [...]
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Vietcombank lowers dong deposit rate for all terms

08-Oct-2014 Intellasia | VCB | 6:00 AM

Vietnam Commercial Joint Stock Bank for Foreign Trade (Vietcombank-VCB) on October 7 announced its new deposit rate benchmark throughout its network thereby the bank lowered [...]
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World Bank forecasts Vietnam’s credit growth at 10pct in 2014

08-Oct-2014 Intellasia | World Bank | 6:00 AM

Structural problems are inhibiting the credit growth despite loosening monetary policies in Vietnam, the World Bank (WB) said in its updated economic report in East Asia and [...]
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Interest rate risks hide behind home loans in Vietnam

08-Oct-2014 Intellasia | Tuoi Tre News | 6:00 AM

Many banks are offering credit packages that allow homebuyers to borrow up to 70 percent of the value of the apartment they want to purchase, but there are risks behind these [...]
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Laos, Vietnam share experience in financial management

08-Oct-2014 Intellasia | VOV | 6:00 AM

Laos deputy prime minister Bunpon Buttanavong has shared with the Vietnamese Ministry of Finance (MoF) experience in State budget and financial management, dealing with [...]
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VietinBank to shift to new retail model

08-Oct-2014 Intellasia | DVO/CTG | 6:00 AM

On October 4, the retail segment of Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank – coded CTG) organised a conference on implementation of the [...]
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TPBank’s 9-month profit reaches 447b dong

08-Oct-2014 Intellasia | DVO/TPBank | 6:00 AM

Tien Phong Commercial Joint Stock Bank (TPBank) says that as of September 30, 2014, the accumulated 9-month profit, after putting sufficient risk provision, reaches 447 [...]
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Vietcombank’s 9-month pre-provision profit arrives at 7.533tr dong

08-Oct-2014 Intellasia | DVO | TPBank | 6:00 AM

On October 3, 2014 in Hanoi, the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank – coded VCB) organised a conference on the implementation of [...]
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