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VN, Bulgaria look to strategic partnership

10-Jun-2015 Intellasia | TBKTSG | 6:00 AM

Vietnamese prime minister Nguyen Tan Dung and his Bulgarian counterpart Boyko Borissov have agreed to bolster bilateral cooperation in all fields and work towards a strategic [...]
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Local banks court foreign investors

10-Jun-2015 Intellasia | VIR | 6:00 AM

Lauded as the land of the rising middle class, with surging spending power and plenty of room for retail banking growth, Vietnamese local banks will likely continue to be [...]
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Business Brief Jun 09

09-Jun-2015 Intellasia | | 2:51 PM

* The State Securities Commission of Vietnam has imposed an administrative fine of VND 100 million on Mekong Securities Company as it agreed on clients’ share purchase [...]
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China projected to become Vietnam’s top export market

09-Jun-2015 Intellasia | TBKTSG | 6:00 AM

HSBC Bank said China is forecast to become Vietnam’s largest export destination by 2030. HSBC explained in a report released yesterday that China has the largest [...]
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Lawmakers urge business reform to optimise

09-Jun-2015 Intellasia | VOV | 6:00 AM

National Assembly deputies expect that Free Trade Agreements (FTAs) will give local enterprises both opportunities and challenges, forcing them to reform if they are to [...]
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Homebuyer support package launched

09-Jun-2015 Intellasia | Bizhub | 6:00 AM

A credit package worth some VND20 trillion (US$952.38 million) will be released to support homebuyers interested in commercial and urban housing projects, reported Xay Dung, [...]
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Banks still difficult to lower interest rates despite low inflation

09-Jun-2015 Intellasia | DTCK | 6:00 AM

Although inflation has been maintained at a low level for a long time, the interest rates of the banking sector are forecasted to be difficult to fall further. * Difficult [...]
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Mergers put bankers on brink of layoffs in Vietnam

09-Jun-2015 Intellasia | Tuoi Tre News | 6:00 AM

For many bank employees in Vietnam, even those holding high positions, a merger between their bank and another institution could also mean the day they leave their job is [...]
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A series of bank bosses may lose positions in 2016

09-Jun-2015 Intellasia | Bao Dau Tu | 6:00 AM

SBV has issued Circular No. 06/2015/TT-NHNN, effective from July 15. As per this document, SBV requires credit organisations to cooperate with shareholders and groups of [...]
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People rush to open savings book for their children

09-Jun-2015 Intellasia | Ngay Nay | 6:00 AM

If in the previous years, parents who want to deposit for their children in a bank will have to open a savings account in their name. However, in several recent years, the [...]
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Remittances poured into real estate sector increase significantly

09-Jun-2015 Intellasia | Dau Tu Chung Khoan | 6:00 AM

Deputy general director of the Hochiminh city branch of the State Bank of Vietnam (SBV) Nguyen Hoang Minh said that the positive changes in the world and domestic economic [...]
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Over $1b of state budget used to pay for SOEs’ debts

09-Jun-2015 Intellasia | VEF | 6:00 AM

The Ministry of Finance (MOF) has advanced more than $1 billion to repay for debts of businesses due to losses and difficulties. The public debt has skyrocketed but [...]
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Vietnam’s business climate deteriorates in Q1

09-Jun-2015 Intellasia | Vnexpress | 6:00 AM

The European Chamber of Commerce (EuroCham) has announced the survey results on the Business Climate Index (BCI) which was implemented in April, showing that business [...]
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EuroCham Business Climate Index survey sees slight dip in business confidence

09-Jun-2015 Intellasia | VNN | 6:00 AM

The 18th quarterly EuroCham Business Climate Index survey, done in April 2015, found business confidence, outlook and expectations for the future among European businesses in [...]
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Domestic consumption increases again

09-Jun-2015 Intellasia | Bao Dau Tu | 6:00 AM

Domestic consumption, expressed in total retail sales of goods and revenue of consumer services (total retail sales), has increased again in the first five months. This bodes [...]
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