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Appetite in Europe, Philippines may boost Vietnam’s 2017 rice exports – USDA

22-Apr-2017 Intellasia | Vnexpress | 6:00 AM

Vietnam’s global rice export ranking this year is expected to remain unchanged, trailing behind Thailand and India. Preferential import taxes in Eastern European [...]
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Reference exchange rate up 5 VND

22-Apr-2017 Intellasia | VNA | 6:00 AM

The daily reference exchange rate for VND/USD was set at 22,335 VND on April 21, up 5 VND from the day before. With the current trading band of/-3 percent, the ceiling rate [...]
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Removing the bottleneck in bank restructuring

22-Apr-2017 Intellasia | Vietnamnet | 6:00 AM

The restructuring of the banking system has entered the second phase. However, the bloodline of the economy remains stuck as many banks are under the pressure of having huge [...]
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Banks to be more demanding in selecting customers

22-Apr-2017 Intellasia | VNS | 6:00 AM

With credit growth accelerating in the first quarter, many commercial banks may become more demanding in selecting lending customers. At the end of Q1, average credit growth [...]
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Bankrupt creditors may be aided to refund customers

22-Apr-2017 Intellasia | VNS | 6:00 AM

To-be-bankrupt financial and credit institutions may have to refund their individual customers using support loans from the State Bank of Vietnam (SBV) and other financial [...]
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Preferential loans for manufacturing industry firms

22-Apr-2017 Intellasia | VNS | 6:00 AM

Domestic enterprises with plans to invest in four key industrial sectors and two traditional fields will be offered low-interest loans worth up to VND200 billion (US$8.8 [...]
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VIB records 14pct rise in Q1 after-tax profit

22-Apr-2017 Intellasia | VNS | 6:00 AM

Vietnam International Bank (VIB) posted after-tax profit of VND126 billion (US$5.53 million) in the first quarter of this year, up 14 per cent year-on-year. According to the [...]
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‘New Eximbank’ plan in the making

22-Apr-2017 Intellasia | The Saigon Times | 6:00 AM

Eximbank is working on a comprehensive restructuring plan dubbed “New Eximbank” in the hope of returning to its golden days but whether the bank’s [...]
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SCB allowed to sell over 50pct of shares to foreign investors

22-Apr-2017 Intellasia | The Saigon Times | 6:00 AM

Saigon Joint Stock Commercial Bank (SCB) said on April 18 it had received approval from the central bank to sell more than 50 percent of its shares to foreign investors. [...]
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OCB wins Vietnamese Excellent Brand Award

22-Apr-2017 Intellasia | VN Economic Times | 6:00 AM

Bank reached all targets set for 2016, creating a solid foundation for “Conquering the Peak” in 2017. For the third year in a row, the Orient Commercial Bank [...]
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Vietcombank is more hesitant to recruit in 2017

22-Apr-2017 Intellasia | Tri Thuc Tre | 6:00 AM

Vietnam Foreign Trade Joint Stock Commercial Bank (Vietcombank – VCB) has just announced its documents prepared for the annual shareholders’ meeting in 2017. One [...]
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Kido’story and the fragile fortunes of listed enterprises after M&A

22-Apr-2017 Intellasia | DTCK | 6:00 AM

Behind each merger-acquisition (M&A) deal is the expectation and calculation of enterprises. generally, enterprises are under pressure of profits to carry out the plans [...]
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DHG Pharma raises foreign ownership limit to 49pct

22-Apr-2017 Intellasia | VN Economic Times | 6:00 AM

Recent AGM also confirms business targets set for 2017. The Duoc Hau Giang Pharmaceutical JSC (DHG) approved increasing its foreign ownership limit to 49 per cent at the [...]
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Business Briefs April 21, 2017

21-Apr-2017 Intellasia | | 3:15 PM

* Mitsubishi Corporation has become a major shareholder of Vinh Hoan Corporation (VHC) after acquiring six million VHC shares, or a 6.49 percent stake in the enterprise. * [...]
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PM: Developing Binh Thuan for green, sustainable economy

21-Apr-2017 Intellasia | VNA | 6:00 AM

Prime minister Nguyen Xuan Phuc lauded orientations to the development of the southern coastal province of Binh Thuan for the sake of a green, clean and sustainable economy [...]
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