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Many banks keep on paying no dividends

12-Jan-2017 Intellasia | Zing.vn | 6:00 AM

In spite of repeatedly reporting hundreds of billion dong profits each year and increasingly high undistributed profits, many banks still do not make dividend payment to [...]
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Slow rise in consumer lending

12-Jan-2017 Intellasia | Bizhub | 6:00 AM

Consumer lending is seeing only a slow rise ahead of Tet (Lunar New Year), despite commercial banks offering preferential loans to both individuals and enterprises, Dau tu [...]
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Vietnam arrests 7 bankers for $21 million graft: media

12-Jan-2017 Intellasia | AFP | 6:00 AM

Vietnamese police have arrested seven ex-bankers accused of approving illegal loans that led to $21 million in losses, state media reported Wednesday, the latest scandal to [...]
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Banks report positive performance in 2016

12-Jan-2017 Intellasia | Dau Tu Chung Khoan | 6:00 AM

Commercial banks have estimated positive profits for 2016, led by Commercial Joint Stock Bank for Investment and Development of Vietnam (Bidv-BID) with its pre-tax profit of [...]
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SBV demands quarterly reports on SME lending

12-Jan-2017 Intellasia | Bizhub | 6:00 AM

The State Bank of Vietnam has asked its branches and credit institutions nationwide to report quarterly their lending to small-and medium-sized enterprises (SMEs). Under [...]
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PM Phuc urges strict control on spending

12-Jan-2017 Intellasia | The Saigon Times Daily | 6:00 AM

Prime minister Nguyen Xuan Phuc has called for ministers and government officials to show a sense of responsibility for taxpayer money and rein in the constant rise in [...]
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Open-end funds outperform VN Index in 2016

12-Jan-2017 Intellasia | Bizhub | 6:00 AM

Open-end funds operating in Vietnam have recorded a positive 2016 with rate of returns of some funds outperforming the growth of the benchmark VN Index on the HCM Stock [...]
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WB pledges continued support for Vietnam

12-Jan-2017 Intellasia | The Saigon Times Daily | 6:00 AM

The World Bank (WB) will continue supporting Vietnam in the 2017-2021 period, WB country director for Vietnam Ousmane Dione told a consultation in Can Tho City on January 9. [...]
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Shrimp sector looks to $10b export revenue in future

12-Jan-2017 Intellasia | The Saigon Times Daily | 6:00 AM

Vietnam’s seafood exports last year amounted to $7.12 billion, $3.2 billion of it coming from shrimp. Given that success, enterprises in the shrimp sector are pinning [...]
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MoIT predicts 2017 export growth

12-Jan-2017 Intellasia | Bizhub | 6:00 AM

Products including telephones and spare parts, garment and textile, electronics and computers are expected to bring highest export turnover to the country in 2017, said the [...]
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VN giants post record profits

12-Jan-2017 Intellasia | Bizhub | 6:00 AM

Two giant State-owned corporations, Vietnam National Petroleum Group (Petrolimex) and Vietnam Steel Corporation (VNSTEEL), achieved record profits last year, according to a [...]
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Recruitment demand for managers spikes in Vietnam: report

12-Jan-2017 Intellasia | VnExpress | 6:00 AM

Qualified personnel are seeking more lucrative opportunities overseas. Businesses in Vietnam are looking for talented executives to fill vacancies caused by an outflow of [...]
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Remittances to HCM City reach $5b in 2016

12-Jan-2017 Intellasia | VNA | 6:00 AM

Remittances to HCM City reached five billion USD in 2016, said deputy director of the State Bank of Vietnam’s HCM City branch Nguyen Hoang Minh on January 10. The [...]
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SBV: Restructuring of banks needs legal framework

12-Jan-2017 Intellasia | The Saigon Times Daily | 6:00 AM

Vietnam will step up the restructuring of the banking sector this year but this process will require certain regulations to be revised to create a favourable legal framework, [...]
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Finance stocks push VN Index down

11-Jan-2017 Intellasia | VNA | 2:24 PM

The VN Index, Vietnam’s benchmark stock index, on January 10 declined the first time after rallying for seven consecutive trading days. The benchmark index inched down [...]
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