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4,354 businesses leave the market in Apr

08-May-2015 Intellasia | BizLive | 6:00 AM

The Agency for Business Registration – ABR (under the Ministry of Planning and Investment) says that in April 2015, the number of newly established businesses [...]
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Dollar price approaches upper limit

08-May-2015 Intellasia | The Saigon Times | 6:00 AM

The exchange rate between dong and the US dollar on May 5 approached the upper limit regulated by the central bank. In the morning, local banks sold the greenback at [...]
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Business Brief May 07

07-May-2015 Intellasia | | 3:37 PM

* Imexpharm Pharmaceutical Company (IMP) has announced May.If as the ex-dividend date to pay a 2014 dividend in cash for shareholders at 18 percent. * Tarn Hy One Member [...]
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Vietnam exports to Australia expected to surge in 2015

07-May-2015 Intellasia | VNA | 6:00 AM

Vietnam’s exports to Australia are predicted to surge in 2015 due to the latter’s decision to import prominent commodities from the Southeast Asian nation. The [...]
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Hanoi simplifies tax payment process

07-May-2015 Intellasia | VNA | 6:00 AM

Hanoi is set to simplify at least 20 percent of its tax payment procedures, effectively cutting 45.5 hours of tax filing and payment this year per entity. More than 107,600 [...]
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SBV: State-run banks need higher chartered capital

07-May-2015 Intellasia | The Saigon Times | 6:00 AM

State-run commercial banks, especially those majority owned by the State, are on the right track of restructuring but they need to increase chartered capital to improve their [...]
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Number of financial leasing companies falls

07-May-2015 Intellasia | Baodautu.vn | 6:00 AM

The two banks of BIDV and ACB have made plans to convert their financial leasing companies to financial ones. If these plans are successful, there will remain only three [...]
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Banks encourage card and online payment

07-May-2015 Intellasia | Vnexpress | 6:00 AM

On April 4, Asia Commercial Joint Stock Bank (ACB) cooperated with Vietnam Airlines Corporation and Vietnam National Financial Switching Joint Stock Company (BanknetVN) to [...]
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Saigonbank to pay 3pct dividend in cash on June 19

07-May-2015 Intellasia | BizLive | 6:00 AM

Saigon Commercial Joint Stock Bank (Saigonbank) has announced the 2014 dividend payment. Specifically, the bank will pay 2014 dividend at three percent in cash (or 300 dong [...]
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SHB awarded ‘Best Customer Service Bank’ in Vietnam

07-May-2015 Intellasia | VOV | 6:00 AM

Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been awarded “Best SME Bank” and “Best Customer Service Bank” in Vietnam for 2015 by UK’s [...]
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Fees may rise on ATMs in moves to impose VAT

07-May-2015 Intellasia | DTI News | 6:00 AM

Users of bank ATMs may face increased charges due to moves by tax authorities to impose VAT on ATM transactions. ATM users face increased charges in VAT move on transactions [...]
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ABBANK appoints new general director

07-May-2015 Intellasia | VNS | 6:00 AM

An Binh Commercial Joint Stock Bank (ABBANK) has appointed Cu Anh Tuan to become the bank’s general director, as of May 4. Born in 1972, Tuan earned his [...]
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CPI may increase 0.96pct in May

07-May-2015 Intellasia | DTCK | 6:00 AM

As per the forecast of the National Financial Supervisory Commission (NFSC), the economy in the first four months of the year showed a clear recovery trend. The latest report [...]
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Dollar rates reach ceiling price

07-May-2015 Intellasia | VNS | 6:00 AM

The greenback rates in An Binh Bank (ABB) and Asia Commerical Bank (ACB) reached the central bank’s ceiling price on May 5, when the rates in the local market soared. [...]
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UPDATE 1-Vietnam, Korea seal FTA, target doubling of trade

07-May-2015 Intellasia | Reuters | 6:00 AM

Vietnam signed a free trade agreement (FTA) with South Korea on Tuesday which is expected to boost its exports to the Korean market and more than double bilateral trade over [...]
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