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Category: VietnamSubscribe via RSS Feed

Why do bad debts increase at banks?

04-Aug-2016 Intellasia | Vneconomy | 6:00 AM

In just six days at the end of June, the credit growth figure had changed greatly. As of June 24, it rose 6.82 percent, but by the end of June, i.e. just after six days, the [...]
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Mobile internet to boost GDP

04-Aug-2016 Intellasia | VNS | 6:00 AM

Research recently conducted by Oxford Economics says that the mobile internet sector may contribute $5.1 billion to Vietnam from 2015 to 2020, it was revealed at a workshop [...]
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Loan-to-deposit ratio at State-owned banks higher than allowed

04-Aug-2016 Intellasia | The Saigon Times | 6:00 AM

By end-May, the loan-to-deposit ratio (LDR) at many banks which are wholly and majority owned by the State had stood at 95.67 percent, much higher than the ceiling of 90 [...]
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Are bank M&A deals cooling down?

04-Aug-2016 Intellasia | Dau Tu Chung Khoan | 6:00 AM

Mergers and acquisitions (M&A) in banking sector are forecasted to be exciting in the final phase of the scheme to restructure the system of credit institutions (CIs). [...]
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Banks bemoan rule on registration of lending contracts for individuals

04-Aug-2016 Intellasia | The Saigon Times | 6:00 AM

Commercial banks have complained that it is time-consuming and costly to register sample consumer finance service contracts for individuals as required by a decision of the [...]
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Techcombank earns 1.587tr dong pre-tax profits in first 6 months

04-Aug-2016 Intellasia | Bao Dau Tu | 6:00 AM

As per Vietnam Technological and Commercial Joint Stock Bank (Techcombank), as of June 30, the bank’s pre-tax profit reached 1.587 trillion dong, increasing 54 percent [...]
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Clear differentiation seen in banks’ Q2 profits

04-Aug-2016 Intellasia | Thoi Bao Kinh Doanh | 6:00 AM

Q2/2016′s profit picture has differentiated clearly as the banking group with stable operation report mutated profits while some banks subject to restructuring or [...]
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Vietcombank allowed issuing 8tr dong bonds in 2016

04-Aug-2016 Intellasia | Tai Chinh | 6:00 AM

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been approved by the State Bank to issue eight trillion dong bonds in dong in 2016. [...]
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Vietnamese shares decline to one-month low

03-Aug-2016 Intellasia | VNA | 12:55 PM

Shares extended losses on August 2 on the two exchanges as investors increased selling out on fears of further downward risks. The benchmark VN Index, the measure of 310 [...]
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Business Briefs August 03

03-Aug-2016 Intellasia | | 12:21 PM

* The State Securities Commission of Vietnam (SSC) has imposed a fine of VND300 million on Bac Ninh Pharmaceutical Company which sold shares to over 100 investors without [...]
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Vpresso expands franchise model in Vietnam

03-Aug-2016 Intellasia | VOV | 6:00 AM

May Emerald Company from the Republic of Korea (RoK) which owns Vpresso coffee brand name will grow its footprint in Vietnam by opening more chains of shops operating under a [...]
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Vietjet’s promotional fares on several international routes

03-Aug-2016 Intellasia | VNS | 6:00 AM

Vietjet will give away 30,000 super-saving tickets priced from zero dollar applicable on routes from Vietnam to Taiwan and Korea. Under the “12pm, It’s time to [...]
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Buyers line up for LafargeHolcim’s Vietnam divestment

03-Aug-2016 Intellasia | VIR | 6:00 AM

Foreign and Vietnam’s state-owned cement companies are racing to tender offers for LafargeHolcim in Vietnam’s divestment. The contenders include Thailand’s [...]
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New milestones in Vietnamese foreign hotel investments

03-Aug-2016 Intellasia | VIR | 6:00 AM

Two of Vietnam’s richest groups have made significant progress in their ambition to become Vietnam’s largest hotel chain developers abroad. On July 31, Vietnamese [...]
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Vietnamese firm looks to expand canned coconut water business

03-Aug-2016 Intellasia | Tuoitre News | 6:00 AM

An ambitious Vietnamese company is developing a new coconut product with an eye on the international market. There was a time when thirty litres of coconut water sold for [...]
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