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PM urges businesses to sharpen competitive edge

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

The government and the business community must work together to promote strength in order to enhance competitiveness for successful regional integration, prime minister [...]
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Survey: Vietnamese traders worried about global volatility

15-Dec-2015 Intellasia | The Saigon Times | 6:00 AM

Global market volatility in recent months has unnerved Vietnamese traders, with 61 percent citing global economic crisis as a worry over the next six months, according to a [...]
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SBV lowers reserve ratio

15-Dec-2015 Intellasia | The Saigon Times | 6:00 AM

The State Bank of Vietnam (SBV) has decided to lower the reserve ratio at those banks involved in the ongoing restructuring plan for the banking system, paving the way for a [...]
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Will lending in foreign capital be ended after March 2016?

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

The State Bank of Vietnam (SBV) has issued Circular 24/2015/TT-NHNN on December 8th regulating the foreign capital lending provided by credit institutions (CIs) and foreign [...]
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Commercial banks rush to buy finance companies

15-Dec-2015 Intellasia | VNN | 6:00 AM

Four commercial banks have taken over finance companies, and other banks are consulting with their shareholders about buying such firms to expand their consumer lending. The [...]
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Techcombank becomes first IFM’s Partner Member in Vietnam

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

The International Factors Group (IFG) has announced that Vietnam Technological and Commercial Joint Stock Banks (Techcombank) has officially become the first Partner Member [...]
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Long-coupon bonds sold for first time

15-Dec-2015 Intellasia | The Saigon Times | 6:00 AM

The State Treasury on Wednesday mobilised VND10.4 trillion (US$463.2 million) from the sale of long-coupon bonds, held for the first time in Vietnam. Long-coupon bonds are [...]
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Russian newspaper: Vietnam makes record on FTA signing

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

Russian news website Lenta.ru reported that Vietnam has set a world record on the number of free trade agreements (FTA) signed with foreign partners in one year, quoting a [...]
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NamA Bank allowed to open additional five branches and four transaction offices

15-Dec-2015 Intellasia | Nhip Cau Dau Tu | 6:00 AM

On December 9, 2015, the State Bank of Vietnam (SBV) had a written approval for Nam A Commercial Joint Stock Bank (NamA Bank) to open five new branches in the provinces of [...]
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Experts urge faster reforms to hasten economic growth

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

Vietnam’s economy would grow faster in the next five years, driven by a number of free trade agreements, low commodities prices, foreign direct investment and [...]
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Eximbank gets new caretaker general director

15-Dec-2015 Intellasia | The Saigon Times | 6:00 AM

Tran Tan Loc has been picked as acting general director of the Vietnam Export-Import Commercial Joint Stock Bank (Eximbank), replacing Pham Huu Phu who has stepped down for [...]
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FDI approvals in Binh Duong beat target

15-Dec-2015 Intellasia | The Saigon Times | 6:00 AM

Fresh foreign direct investment approvals in Binh Duong Province have amounted to more than $2.8 billion in the year to date, well above the full-year target of about $1 [...]
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Banks battle it out in Tet loans market

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

Commercial banks and financial companies are fiercely competing for a slice of the profitable personal loans market as demand often rises sharply at the end of the year. [...]
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World Bank names VN’s unique advantages in TPP

15-Dec-2015 Intellasia | Vietnamnet | 6:00 AM

As the country with the lowest per capita GDP amongTrans Pacific Partnership Agreement (TPP) signatories, Vietnam will enjoy comparative and unique advantages such as [...]
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Chinese yuan as IMF currency will not be concern to Vietnam: experts

15-Dec-2015 Intellasia | Vietnamnet | 6:00 AM

With Chinese renminbi joining the International Monetary Fund’s (IMF) reserve currency basket, the dong/dollar exchange rate will be affected, according to financial [...]
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