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BIDV first among banks in terms of assets

07-Jan-2017 Intellasia | Bizhub | 7:35 AM

Bank for Investment and Development of Vietnam (BIDV) has overtaken Bank for Agriculture and Rural Development (Agribank) as the country’s largest commercial bank in [...]
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Masan Consumer begins trading on UPCoM

07-Jan-2017 Intellasia | Bizhub | 7:28 AM

Masan Consumer, part of the Masan Group Corporation, was officially listed 538.1 million shares at VND90,000 per share (US$4.06) on Thursday on the Unlisted Public Company [...]
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Ha Nam target 56.5tr dong in 2017 industrial production

07-Jan-2017 Intellasia | | 7:17 AM

Thenorthern provinceof HaNamhas set a target of 56.5 trillion VND (2.48 billion USD) in 2017 industrial production, a rise of 15.4 percent over 2016, heard a conference held [...]
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VAT no longer for boats of over 400 HP

07-Jan-2017 Intellasia | The Saigon Times Daily | 7:13 AM

The government has decided to stop refunding value added tax (VAT) for fishing boats which have capacity of more than 400 HP. The decision was provided for in Decree 172 [...]
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The government requests for interest rate reduction in 2017

07-Jan-2017 Intellasia | BizLIVE | 6:55 AM

The government has issued Resolution 01/NQ-CP about the major tasks and solutions guiding the implementation of the Socio-economic development plan and state budget estimates [...]
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SBV asked to support prioritised sectors

07-Jan-2017 Intellasia | VNA | 6:54 AM

Prime minister Nguyen Xuan Phuc has directed the State Bank of Vietnam (SBV) to prioritise capital for sectors with great contributions to economic growth, export, and [...]
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Central bank says will hold dong-dollar exchange rate steady

07-Jan-2017 Intellasia | The Saigon Times Daily | 6:54 AM

The State Bank of Vietnam (SBV) told a media briefing on January 4 that it had already prepared measures to guarantee the stability of the exchange rate between the dong and [...]
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SBV puts bad debt at 2.46pct

07-Jan-2017 Intellasia | The Saigon Times Daily | 6:50 AM

The bad debt ratio was estimated at 2.46 percent at the end of November 2016 and kept steady at less than 3 percent last year, says the State Bank of Vietnam (SBV). By the [...]
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Steel and realty carry HCM Exchange

06-Jan-2017 Intellasia | Bizhub | 2:17 PM

Shares were mixed on Thursday January 05 as investors began to display caution after several consecutive rising sessions. Steel and property shares supported the VN Index, [...]
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Business Briefs January 06, 2017

06-Jan-2017 Intellasia | | 2:16 PM

* TPBanksaid it attained pre-tax profit of VND707 billion in 2016, a 13 percent year-on-year pickup. Meanwhile, its total assets amounted to VND 105.8 trillion last year, up [...]
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HSX up, HNX down

06-Jan-2017 Intellasia | Vn Economic Times | 2:15 PM

Low liquidity on both markets on differing January 5. Main indexes on HSX increased while those on HNX headed in the opposite direction on January 5. On HSX the VN Index [...]
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Pocketing hundreds of million USD, foreign websites don’t pay tax in Vietnam

06-Jan-2017 Intellasia | VNA | 12:03 PM

Agoda.com, Booking.com, Hotels.com, Expedia.com and similar websites are believed to be pocketing trillions of dong from doing business in Vietnam, but they have not paid any [...]
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Tiki expands network, good news for e-commerce sector

06-Jan-2017 Intellasia | Vietnamnet | 12:02 PM

In a new business field like e-commerce, the competition in quality is important as it brings benefits to Vietnamese users. Tiki.vn has reported a loss of VND157 billion [...]
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Sun Grand City Thuy Khue Residence attracts interest

06-Jan-2017 Intellasia | VNS | 12:02 PM

Hundreds of people attended the sale release of Sun Grand City Thuy Khue Residence on December 28, reflecting the large market interest in the luxury apartment and trade [...]
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Singapore restaurant group Jumbo to open restaurants in Vietnam

06-Jan-2017 Intellasia | Straits Times | 12:02 PM

Home-grown restaurant chain Jumbo Group will be expanding to Vietnam in 2017. The restaurant group announced on Tuesday (January 3) that it has inked a franchise agreement [...]
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