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SCIC to divest from FPT Telecom soon

16-Dec-2016 Intellasia | VNS | 6:00 AM

The State Capital Investment Corporation (SCIC) is likely to divest from FPT Telecom early next year, a Ministry of Finance official said. Dang Quyet Tien, deputy director of [...]
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VietJet IPO set to raise $170m, value airline at $1.2b

16-Dec-2016 Intellasia | Reuters | 6:00 AM

Budget airline VietJet is set to raise about $170 million in an initial public offering (IPO) that will value Vietnam’s only private airline at $1.2 billion, people [...]
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Tax incentives provide few benefits

16-Dec-2016 Intellasia | DTI News | 6:00 AM

Tax incentives have not contributed much to increase investment or economic growth in Vietnam, according to the latest Oxfam report released on December 12. Despite [...]
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IPO on horizon for Benthanh Group

16-Dec-2016 Intellasia | Vneconomictimes | 6:00 AM

The group’s portfolio of tourism, trading, real estate and industrial production companies have yet to be evaluated but appear to be safe and stable Benthanh Group, a [...]
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Moody’s: Unresolved bad debt risks higher

16-Dec-2016 Intellasia | DTI News | 6:00 AM

Vietnam’s macroeconomic stability and resilient economic growth will continue to support the bank’s weak credit profile, but high credit growth and unresolved bad [...]
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Techcombank prepares for UPCoM listing

16-Dec-2016 Intellasia | VNS | 6:00 AM

Around 887.8 million shares of Techcombank were deposited at the Vietnam Securities Depository (VSD) on Tuesday, the first step to trading shares on the Unlisted Public [...]
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Masan Group to issue $300m in international bonds

16-Dec-2016 Intellasia | VNS | 6:00 AM

The management board of Masan Group has approved a plan to issue non-convertible international bonds worth up to $300 million, the company announced in a filing to the State [...]
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Overseas remittances dip after Trump elected US president

16-Dec-2016 Intellasia | VNN | 6:00 AM

The estimated overseas remittance to Vietnam in 2016 is expected to be roughly $5 billion, or 10 percent lower than the forecast of $5.5 billion. Deputy director of the State [...]
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Reference exchange rate raised by 11 dong

16-Dec-2016 Intellasia | VNA | 6:00 AM

The VND/USD reference exchange rate was revised up 11 VND from December 14 to 22,135 VND per USD on December 15. With the current trading band of/- 3 percent, the ceiling [...]
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Is the current value of dong at a reasonable level?

16-Dec-2016 Intellasia | BizLIVE | 6:00 AM

Assessing the monetary policy in 2016 at the seminar held by BizLIVE recently, Dr Nguyen Tu Anh, deputy director of Monetary Policy Department under the State Bank of Vietnam [...]
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DongA Bank is in a dilemma

16-Dec-2016 Intellasia | VnExpress | 6:00 AM

Sixteen months after the management authority put Dong A Commercial Joint Stock Bank (DongA Bank) under special control, once again the public pays attention to this case as [...]
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Banks suffering from gold

16-Dec-2016 Intellasia | Zing.vn | 6:00 AM

In late 2012, the State Bank of Vietnam (SBV) tightened the gold trading by licensing 38 organisations to participate in the trading of gold bullion instead of the stores [...]
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Importing gold will increase exchange rate unpredictability

16-Dec-2016 Intellasia | Bao Dau Tu | 6:00 AM

The Vietnam Gold Traders Association (VGTA) has recently sent official document to the Chair of the National Assembly of Vietnam mentioning that the inclusion of gold trading [...]
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E-banking and Fintech: A new race of banking sector

16-Dec-2016 Intellasia | Zing.vn | 6:00 AM

The booming Fintech wave has created a new race for technology, coverage and service quality in the banking sector. Report of mobile payments company Fortumo in 2016 shows [...]
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Treasury mobilises over $12b with bond issue

16-Dec-2016 Intellasia | Bizhub | 6:00 AM

The Vietnam State Treasury mobilised more than VND281.294 trillion (US$12.39 billion) through G-bonds by December 7, meeting the annual plan set by the National Assembly. [...]
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