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Deputy PM okays plan to restructure industrial sector

01-Jun-2018 Intellasia | VNA | 6:00 AM

Deputy prime minister Trinh Dinh Dung has signed a decision approving the restructuring plan for the industrial sector in 2018-2020, with consideration for 2025. The plan [...] » More

Mixed blue chips see low Vietnam shares

01-Jun-2018 Intellasia | VNS | 6:00 AM

Vietnamese shares traded lower on Wednesday as blue chips were mixed and a sharp fall of trading liquidity showed investors’ caution with market conditions. The [...] » More

Reference exchange rate up 5 dong

01-Jun-2018 Intellasia | VOV.vn | 6:00 AM

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 22,595 dong/US dollar on May 31, up five dong from the previous day. With the current trading band of [...] » More

Fintech firms need support from banks: SBV

01-Jun-2018 Intellasia | VNS | 6:00 AM

The fintech (financial technology) sector is facing difficulties of capital mobilisation shortage, inadequate legal framework and banks’ hesitance in cooperation, said [...] » More

Nearly all banks make a profit in first quarter

01-Jun-2018 Intellasia | Vietnam Net | 6:00 AM

Most banks reported satisfactory profits for the first quarter of 2018, but their asset exploitation and capital use efficiency varied. Banks’ Q1 finance reports showed [...] » More

FDI disbursements up 10pct in five months

01-Jun-2018 Intellasia | VNS | 6:00 AM

Foreign direct investment (FDI) disbursements rose 10 per cent year-on-year to $6.75 billion in the first five months of 2018, Foreign Investment Agency (FIA) statistics [...] » More

TPBank approved to open 5 more branches and 6 transaction offices

01-Jun-2018 Intellasia | NDH | 6:00 AM

On May 25, 2018, the State Bank of Vietnam (SBV) issued documents approving the proposal to establish five branches and six transaction offices of Tien Phong Joint Stock [...] » More

Vietnam to retain three state economic groups by 2020

01-Jun-2018 Intellasia | Hanoi Times | 6:00 AM

The government plans to retain only three State-owned economic groups of PetroVietnam, Electricity of Vietnam and Viettel Military Telecommunications Group by 2020, according [...] » More

Vietnam court upholds key decision in landmark ‘Super Swindler’ fraud case

01-Jun-2018 Intellasia | Reuters | 6:00 AM

A court has upheld a key judgment in Vietnam’s biggest-ever fraud case, spotlighting the country’s ability to tackle financial crime at a time when foreign banks [...] » More

No solution in sight for under-evaluation of public land in Vietnam

01-Jun-2018 Intellasia | VN Express | 6:00 AM

Some prime plots were not listed among assets of state-owned firms before equitisation. The Finance minister’s admission that authorities have been unable to control [...] » More

High return from share sale

01-Jun-2018 Intellasia | VNS | 6:00 AM

The Asia Commercial Joint Stock Bank (ACB) may earn between VND1.3 trillion (US$57.8 million) and VND1.5 trillion from selling treasury shares, according to HCM City [...] » More

Customers can use QR code to buy petrol

01-Jun-2018 Intellasia | VNS | 6:00 AM

Individual customers will be able to pay for petrol using the QR code technology in petrol stations of the PetroVietnam Oil Corporation (PV Oil). This was announced by Cao [...] » More

Exchange rate no problem for Vietnam

01-Jun-2018 Intellasia | VNS | 6:00 AM

The exchange rate between the dong and the US dollar has kept on rising significantly in recent weeks, which has surprised both investors and analysts in Vietnam despite the [...] » More

Lang Son Business Climate Improvement: Substantial, Effective Measures in Focus

01-Jun-2018 Intellasia | VCCI News | 6:00 AM

Recently, Lang Son province has carried out many solutions to have a better business environment and tackle difficulties against businesses. Although there are still many [...] » More

SBV seeks to monetise gold

01-Jun-2018 Intellasia | The Saigon Times | 6:00 AM

The State Bank of Vietnam (SBV) will mobilise gold from the public and convert gold into money to fund socio-economic development projects, Nguoi Lao Dong newspaper cited a [...] » More