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Category: VietnamSubscribe via RSS Feed

Vietnam posts $3.72 billion in trade surplus in Jan-Sept

25-Oct-2016 Intellasia | The Saigon Times | 6:00 AM

Vietnam had a trade surplus of nearly $3.72 billion in January-September, shows data of the general Department of Customs. The country’s total import and export [...]
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TPBank offers new support package for businesses

25-Oct-2016 Intellasia | VNS | 6:00 AM

The Tien Phong Commercial Joint Stock Bank (TPBank) started offering its business support package worth VND3 trillion (US$134 million) at a lowered annual rate of 6.8 per [...]
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Vietnam Maps Out Plan to Keep a Tiger in the Economy’s Tank

25-Oct-2016 Intellasia | Bloomberg | 6:00 AM

One of the few economies still enjoying old-fashioned export-propelled growth, Vietnam is drawing up policy plans for the next four years as threats to trade mount. Lawmakers [...]
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About 5,000 tariff lines go down to zero under Vietnam-EAEU FTA

25-Oct-2016 Intellasia | VNA | 6:00 AM

About 5,000 tariff lines will be cut to zero after the free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU) took effect on October 5, 2016, in [...]
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SMEs see few benefits from tax incentives

25-Oct-2016 Intellasia | Tuoitre News | 6:00 AM

Despite eligibility for tax incentives, Vietnamese small and medium enterprises (SMEs) are still exposed to higher tax rates than foreign direct investment (FDI) companies in [...]
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Credit growth at 11.24pct

25-Oct-2016 Intellasia | Vn Economic Times | 6:00 AM

PM addresses second NA session, providing a range of economic indicators to the legislature. Credit growth in Vietnam has reached 11.24 per cent, its highest ever point, [...]
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Reference exchange rate goes up by 13 dong

25-Oct-2016 Intellasia | VNA | 6:00 AM

The reference VND/USD exchange rate of the State Bank of Vietnam was set at 22,032 VND per USD on October 24, up 13 VND from October 21. With the current +/- 3 percent [...]
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DIV officially launches new IT system

25-Oct-2016 Intellasia | VNS | 6:00 AM

Deposit Insurance of Vietnam (DIV) has officially operated a new information and communication system for its business process related to deposit insurance. The system is a [...]
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Thai group considers re-entering Vietnam insurance market

25-Oct-2016 Intellasia | VNA | 6:00 AM

Bangkok Insurance Public Company Limited (BKI) considers re-penetrating Vietnam after its withdrawal from the market 10 years ago as a result of the Southeast Asian [...]
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Problem assets a challenge for Vietnam’s banking system: Moody’s

25-Oct-2016 Intellasia | VnExpress | 6:00 AM

The remark came even as the credit research firm decided to upgrade ratings for seven commercial lenders. The banking system in Vietnam will continue to face the challenge of [...]
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Banks to adjust 2016 profit targets

25-Oct-2016 Intellasia | Dau Tu Chung Khoan | 6:00 AM

Despite unannounced Q3 business result, some banks expected to reach targeted profit but many others would have to adjust their targeted profit. Soon realising the tough [...]
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Stock markets take second small dip

24-Oct-2016 Intellasia | VNA | 1:57 PM

Shares sank for a second day on October 21 on the two national stock exchanges, likely caused by declining liquidity that raised investor caution ahead of the expected [...]
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Business Briefs October 24

24-Oct-2016 Intellasia | | 1:56 PM

* Vietnam Rubber Group (VRG) got VND 1.41 trillion from an investor that bought 110.8 million shares in five hydropower firms: Geruco Song Con Hydropower JSC, VRG- Bao Loc [...]
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Indexes down for second day running

24-Oct-2016 Intellasia | Vn Economic Times | 1:55 PM

Tough day all round on October 21 as main indexes fall again. Main indexes on both stock markets fell for the second day in a row on October 21. On HSX the VN Index lost 1.56 [...]
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$359m loss-making polyester plant investigated

22-Oct-2016 Intellasia | Dtinews | 6:00 AM

The government Inspectorate has urged the Ministry of Public Security to investigate PetroVietnam’s USD359 million polyester manufacturing plant after it made huge [...]
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