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Category: VietnamSubscribe via RSS Feed

Reference exchange rate goes up for third consecutive day

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

The reference VND/USD exchange rate went up for the third consecutive day on October 13, standing at 22,012 VND per USD, an increase of 15 VND from the day before. With the [...]
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Banks unlisted in government’s 203tr dong scheme

14-Oct-2016 Intellasia | VnEconomy | 6:00 AM

Ministry of Traffic and Transportation received an official document from Ministry of Finance in regards to contribute some suggestions to North-South national highway [...]
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Vietnam government borrowing hits $16 billion in Jan-Sep

14-Oct-2016 Intellasia | Vnexpress | 6:00 AM

That was nearly twice the amount seen in the same period last year. Vietnam’s government has borrowed $16 billion so far this year, including $11 billion through bond [...]
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Many tycoons still want to return to be bankers

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

Despite the restructuring process of the banking sector, its growth potential as well as profitability is evaluated to be huge. Therefore, not only foreign investors but also [...]
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SBV expands the scope of foreign exchange operations of banks

14-Oct-2016 Intellasia | Vietnam Finance | 6:00 AM

The State Bank of Vietnam (SBV) has issued Circular 28/2016/TT-NHNN amending and supplementing a number of articles of Circular 21/2014/TT-NHNN which guided the scope, [...]
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BIDV to hold extraordinary general meeting

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

Bank for Investment and Development of Vietnam (BIDV) will organise an extraordinary general meeting at Grand Plaza hotel in Hanoi on October 22. The bank said earlier that [...]
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Remittances into Vietnam increase by nearly 100 times in 22 years

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

Remittances have become increasingly important to the economic development of Vietnam in offsetting trade deficit and contributing to the national foreign exchange reserves. [...]
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VN Index up by slimmest of margins

13-Oct-2016 Intellasia | Vneconomictimes | 2:19 PM

The VN30-Index fell on October 12 as all other indexes on Vietnam’s stock market closed higher. On HSX the VN Index increased 0.09 points (0.01 per cent) while the [...]
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Stocks end mixed as crude prices drop

13-Oct-2016 Intellasia | VNA | 2:18 PM

The benchmark VN Index on the HCM Stock Exchange struggled to remain upbeat on October 12 as energy producers lost momentum after crude prices declined on the previous day. [...]
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Business Briefs October 13

13-Oct-2016 Intellasia | | 2:18 PM

* Consultancy Design & Urban Development Company (CDO) has issued 2.9 million shares to pay a 2015 dividend for shareholders, sending its total outstanding volume rising [...]
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VEPR forecasts 2016 growth at 6pct

13-Oct-2016 Intellasia | Vneconomictimes | 6:00 AM

Vietnam Institute for Economic and Policy Research believes caution needs to be exercised by the government when setting growth targets. Vietnam’s GDP growth in 2016 [...]
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HSBC revises GDP growth downwards

13-Oct-2016 Intellasia | DTI News | 6:00 AM

HSBC pared back its forecasts for Vietnam’s GDP growth this year to 6.2 per cent from 6.3 per cent and to 6.5 per cent from 6.6 per cent in 2017 in its latest Asian [...]
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Outlook for Vietnam’s GDP growth gloomy

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

Assoc Prof and PhD Nguyen Hoang Anh, vice director of the Institute for International Economics and Trade under the Hanoi Foreign Trade University, speaks to Hai Quan [...]
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Revised GDP goal despite Q3 bump

13-Oct-2016 Intellasia | Bizhub | 6:00 AM

Economic growth this year would climb up to 6 per cent on the back of recovery signs shown in the third quarter, falling short of the 6.7 per cent target set by the [...]
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Vietnam’s economy takes a good shape

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

Vietnam’s economy accelerated in the third quarter, expanding by 6.6 per cent year-on-year. This marks a sharp improvement from the 5.6 per cent growth rate registered [...]
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