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Category: VietnamSubscribe via RSS Feed

Vietnam releases full text of TPP agreement

07-Nov-2015 Intellasia | VNA | 6:00 AM

Vietnam and the other 11 members of the Trans-Pacific Partnership (TPP) agreement released the full text of the pact in English on November 5 (Hanoi time). The Ministry of [...]
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Investors remain cautious with bank shares

07-Nov-2015 Intellasia | Sai Gon Dau Tu | 6:00 AM

Once upon a time, bank shares costed 20-50 times higher than the book value. But now, many banks have good business results and their shares are being offered for sale at 40 [...]
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Business Brief November 06

06-Nov-2015 Intellasia | | 3:27 PM

* Dat Xanh Real Estate Service & Construction Corporation (DXG) has added 400,000 shares on the Hochiminh Stock Exchange, raising its total outstanding volume to 117.2 [...]
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50pct of life insurance agents quit in first 6 months

06-Nov-2015 Intellasia | DTCK | 6:00 AM

The Insurance Research and Training Centre (IRT, under Insurance Management and Supervision Department, Ministry of Finance) has conducted a survey about quantity and human [...]
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VPBank continues to pay excessively high salary

06-Nov-2015 Intellasia | VTC | 6:00 AM

* Lofty salary payment Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has announced Q3/2015 financial statement. One of the most noticeable points is the bank [...]
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Bank restructuring on right track with positive results

06-Nov-2015 Intellasia | VNA | 6:00 AM

The government is on track to settle its bad debts and cross-ownership, under a scheme to restructure credit institutions from 2011 to 2015. According to the State Bank of [...]
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Thai SCB to open branch in Vietnam; to take over Vinasiam Bank JV

06-Nov-2015 Intellasia | Thanhnien News | 6:00 AM

Siam Commercial Bank Pcl, Thailand’s third largest lender, said it has received a licence from Vietnam’s central bank to open a full branch in Ho Chi Mihn City as [...]
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Events spotlight trade with Russia

06-Nov-2015 Intellasia | Bizhub | 6:00 AM

Vietnam will organise a series of events in Russia in response to the signing of the free trade agreement (FTA) between Vietnam and the Eurasia Economic Union (EEU). The [...]
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Merged banks ask for help, want tax reductions

06-Nov-2015 Intellasia | VNE | 6:00 AM

Many commercial banks, which have or plan to make merger and acquisition (M&A) deals in their restructuring process, have asked for the state’s financial support, [...]
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Time to tighten the budget belt: NA

06-Nov-2015 Intellasia | VNS | 6:00 AM

It is time for Vietnam to tighten its belt itself rather than be forced to do so by international financial institutions, warned deputy chair of the National Assembly [...]
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Events spotlight trade with Russia

06-Nov-2015 Intellasia | VNS | 6:00 AM

Vietnam will organise a series of events in Russia in response to the signing of the free trade agreement (FTA) between Vietnam and the Eurasia Economic Union (EEU). The [...]
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What do banks attempt when accepting finance companies with bad business results?

06-Nov-2015 Intellasia | Bao Dau Tu | 6:00 AM

Despite the concerns of shareholders, numerous financial firms that make bad business results became costly when they were purchased in large number by banks. Behind the [...]
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Foreign businesses hard to find Vietnamese middle and senior personnel

06-Nov-2015 Intellasia | Dan Tri | 6:00 AM

41 percent of people polled in Vietnam said: In the past 12 months, they could not find enough Vietnamese middle and senior personnel for their businesses. This is not only a [...]
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Shareholders losing all investments in GPBank disclosed

06-Nov-2015 Intellasia | Thoi Bao Kinh Doanh | 6:00 AM

After the Global Petroleum Joint Stock Commercial Bank (GPBank) was purchased at zero dong, all shareholders of the bank lost all shares and few of them were prosecuted and [...]
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How will the government pay back the debt to SBV and Vietcombank?

06-Nov-2015 Intellasia | Tri Thuc Tre | 6:00 AM

The Central Institute of Economic Management (CIEM) said that government debt of VND30 trillion to the State Bank of Vietnam (SBV) put pressure on monetary policy. The loan [...]
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