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Vietnam Eximbank selects Wirecard for mPOS

31-Jan-2015 Intellasia | Finextra | 6:00 AM

Since lately, Wirecard Group, with its Singapore subsidiary Trans Infotech Pte. Ltd, cooperates with Vietnam Export Import Commercial Joint Stock Bank (Eximbank) in the field [...]
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SeABank offers soft loans

31-Jan-2015 Intellasia | VNS | 6:00 AM

Vietnamese SeaBank will offer VND10 trillion (US$470 million) in preferential loans to businesses in HCM City. The commitment was made at a workshop linking commercial banks [...]
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TPBank, Vietjet agree $400m credit deal

31-Jan-2015 Intellasia | VNS | 6:00 AM

The Tien Phong Bank and Vietjet signed a credit agreement yesterday in Hanoi for buying an airbus to serve Vietnam’s fastest growing airlines for the 2015 to 2020 [...]
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Business Brief January 30

30-Jan-2015 Intellasia | | 3:00 PM

* Dong Nai Port Company (PDN) has announced February 5 as the ex-dividend date to advance a 2014 first round dividend in cash for shareholders at 10 percent. * Nguyen Van [...]
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Banks speed up lending ahead of Tet

30-Jan-2015 Intellasia | TBKTSG | 6:00 AM

Local banks are stepping up lending to individual and corporate customers to cash in on the traditional spending spree in the lead up to the Lunar New Year holiday, or Tet. [...]
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ACB’s bad debt ratio soars, SCB makes further capital increase

30-Jan-2015 Intellasia | VnEconomy | 6:00 AM

At the conference on implementing 2015 plan of the banking sector in Hochiminh city earlier this week, leaders of some commercial banks initially revealed some of the [...]
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VIETNAM PRESS-Money supply to grow 16-18 pct y/y in 2015 – Vietnam News

30-Jan-2015 Intellasia | Dailymail | 6:00 AM

Vietnam’s money supply this year is projected to grow 16-18 percent while annual credit growth will be 13-15 percent to support the economic growth targeted at 6.2 [...]
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Former CEO, chair of Vietnam commercial bank arrested in lending scandal

30-Jan-2015 Intellasia | Tuoitrenews | 6:00 AM

Police from the Ministry of Public Security on Wednesday arrested Nguyen Minh Thu, former general director of the Dai Duong Commercial Joint Stock Bank (Ocean Bank), for her [...]
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Former Ocean Bank chief arrested for economic fraud

30-Jan-2015 Intellasia | VNS | 6:00 AM

A senior banker was arrested yesterday for alleged economic frauds. Nguyen Minh Thu, 42, former CEO and Chairwoman of the Ocean Commercial Joint Stock Bank was arrested [...]
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41 Vietnamese firms join billion dollar club

30-Jan-2015 Intellasia | VNS | 6:00 AM

As many as 41 local enterprises joined the Billion US Dollar Club for recording annual revenues of over $1 billion. They were listed among the country’s 500 largest [...]
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Banks fiercely compete on home loan interest rates

30-Jan-2015 Intellasia | Dau Tu Bat Dong San | 6:00 AM

Along with the package of 30 trillion dong preferential credit, commercial banks are strongly pouring capital to individual customers having real housing needs. While a [...]
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German firm opens $12mn coffee processing facility in southern Vietnam

30-Jan-2015 Intellasia | Tuoitre News | 6:00 AM

German firm Neumann Gruppe has opened its second coffee processing plant in Vietnam that has machinery made in Europe and America. The $12 million facility was inaugurated on [...]
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EVN, electricity prices and income per capita

30-Jan-2015 Intellasia | Vietnamnet | 6:00 AM

The electricity price in the country is scheduled to increase by 9.5 percent after Tet (February 2015) to VND1,652.19 per kWh, leaving questions about whether the price is [...]
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Domestic industrial production makes a good start to the year

30-Jan-2015 Intellasia | VNS | 6:00 AM

The national index of industrial production (IIP) grew significantly by 17.5 per cent in January, up from the same period last year, according to the general Statistical [...]
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Ministries issue conflicting notices on petrol import tariffs

30-Jan-2015 Intellasia | Vietnamnet | 6:00 AM

Last week, several ministries could not reach an agreement on retail petrol prices and import tariffs. They considered two options: raise the import tariff and cut the petrol [...]
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