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Category: VietnamSubscribe via RSS Feed

Asia Commercial Bank to Launch ACB-JCB Prepaid Card in Vietnam

12-Dec-2015 Intellasia | Newsmaker | 6:00 AM

HCM City and Tokyo – Asia Commercial Bank (ACB), a leading commercial bank in Vietnam, and JCB International Co., Ltd (JCBI), the international operations subsidiary of [...]
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AEC could revolutionise fish & seafood industry

12-Dec-2015 Intellasia | VOV | 6:00 AM

The Ministry of Industry and Trade (MoIT) recently announced high expectations for expanded exports of Vietnam seafood and other aquaculture exports to the Asean Economic [...]
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Short-term foreign currency lending officially extended till end of Q1/2016

12-Dec-2015 Intellasia | Tri Thuc Tre | Vneconomy | 6:00 AM

On December 8, 2015, the State Bank of Vietnam (SBV) issued Circular No. 24/2015/TT-NHNN on lending in foreign currency by credit institutions and foreign bank branches for [...]
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Exporters can get short-term FX loans only

12-Dec-2015 Intellasia | TBKTSG | 6:00 AM

Next year companies in need of capital to make products for export can take out short-term foreign exchange loans only as specified in a new circular of the State Bank of [...]
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Vietnamese banks may be taken over by regional giants

12-Dec-2015 Intellasia | BizLive | 6:00 AM

Many experts fear that when AEC takes effect and Asean becomes a single market, Vietnam banks are likely to be “taken over” by large banks in the region as the [...]
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Profits from service hard to be increased

12-Dec-2015 Intellasia | Sai Gon Dau Tu | 6:00 AM

In two recent years, as interest rates have fallen sharply, pulling profits from credit activity to decrease, many banks have oriented to restructure towards increasing [...]
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Informal money transfer causes difficulties for banks

12-Dec-2015 Intellasia | Bao Dau Tu | 6:00 AM

The end of the year is normally the time that the money transfer and remittance receiving take place strongly. In our country, the informal money transfer accounts for [...]
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Farmers switch to black credit due to banks’ cumbersome procedures

12-Dec-2015 Intellasia | BizLive | 6:00 AM

Borrowing money through banks has many cumbersome procedures, so many farmers in the Central Highlands region seek to business households in the province to borrow. This is [...]
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Eximbank appoints acting general director

12-Dec-2015 Intellasia | VNS | 6:00 AM

The Vietnam Export Import Commercial Joint Stock Bank (Eximbank) announced the appointment of Tran Tan Loc as acting general director yesterday. The bank’s management [...]
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Vietnamese shares decline for second day

12-Dec-2015 Intellasia | VNA | 6:00 AM

Vietnamese shares on December 10 extended losses for a second day on both local bourses, led by insurance firms pulling back after recent big gains. The benchmark VN Index on [...]
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Hanoi stock market capitalisation value reaches 151.4tr dong as of end-Nov

12-Dec-2015 Intellasia | VnEconomy | 6:00 AM

Hanoi Stock Exchange (HNX) has reported its operation performance in 2015 whereby as of the end of November 2015, HNX raised more than 186 trillion dong worth of [...]
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ACV finishes IPO, ADP seeks partnership

12-Dec-2015 Intellasia | VNS | 6:00 AM

Airports Corporation of Vietnam (ACV) off-loaded 77.8 million shares at VND14,300 (US$0.63) each, 3.47 per cent of the company, in its initial public offering on the HCM [...]
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Vietnam airport firm IPO rare bright spot in sluggish privatisation drive

12-Dec-2015 Intellasia | Tuoitre News | 6:00 AM

A $1.2 billion airports operator going public in a country with one of the world’s fastest growing air travel markets proved an attractive deal for foreign investors, [...]
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Weak support industries lead to trade deficit

12-Dec-2015 Intellasia | Dtinews | 6:00 AM

Vietnamese industry still remains dependent on imported equipment and spare parts, driving up the trade deficit, while local firms remain incapable of fulfilling their [...]
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Airports Corp raises $50mil in Vietnam IPO

12-Dec-2015 Intellasia | Bloomberg | 6:00 AM

Airports Corp of Vietnam, the sole operator of the country’s airports, has raised 1.12 trillion dong (US$49.6mil) in the nation’s largest initial public offering [...]
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