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Credit growth in January 2016 decreases 0.2pct compared to the previous month

06-Feb-2016 Intellasia | BizLive | 6:00 AM

As per the report of Credit Department of economic sectors under the State Bank of Vietnam (SBV), credit growth in January 2016 fell 0.2 percent compared to December 2015. [...]
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Clients warned about borrowing risks

06-Feb-2016 Intellasia | VNS | 6:00 AM

Consumers have been urged to think twice before using borrowing for consumption from commercial banks and financial companies as they rush to prepare for Tet (Lunar New Year [...]
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Tho Loc People’s Credit Fund put under special supervision

06-Feb-2016 Intellasia | VNS | 6:00 AM

The State Bank of Vietnam (SBV) on Wednesday announced that it had put the Tho Loc People’s Credit Fund under comprehensively special supervision within three months. [...]
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Bancassurance about to ‘take off’ in 2016

06-Feb-2016 Intellasia | DTCK | 6:00 AM

With the breakthroughs in 2015, the recent signing of business cooperation between Dai-ichi Vietnam and the Vietnam Prosperity Bank (VPBank) is expected to be a new start for [...]
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Dong/US dollar exchange rate in 2016 may suffer from external pressures

06-Feb-2016 Intellasia | Nguoi Lao Dong | 6:00 AM

After more than a month the State Bank applies central rate policy, the US dollar exchange rate in commercial banks has cooled down. However, many economists worry the US [...]
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Central bank’s reference rate falls sharply

06-Feb-2016 Intellasia | Bizhub | 6:00 AM

The State Bank of Vietnam’s (SBV) reference rate on February 4 fell sharply by 21 dong to touch VND21,876 per American dollar. The new rate is the lowest since the SBV [...]
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Bao Viet Fund to launch bond fund

06-Feb-2016 Intellasia | Bizhub | 6:00 AM

The Bao Viet Fund Management Company (Bao Viet Fund) was granted a licence by the State Securities Commission to launch its new open-ended fund. This is the second open-ended [...]
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Viet Capital Bank licensed to open 10 branches and transaction offices

06-Feb-2016 Intellasia | Cong Ly | 6:00 AM

On January 29, 2016, Viet Capital Joint Stock Commercial Bank (Viet Capital Bank) received Dispatches No.567 and No.568/NHNN-TTGSNH of the Governor of the State Bank [...]
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Toyota Vietnam sells 5001 cars in January

06-Feb-2016 Intellasia | VNA | 6:00 AM

Toyota Vietnam sold 5,001 cars in the first month of 2016, up 17 percent compared to the same period last year. The northern and southern markets captured the lion’s [...]
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Singapore investors eye Vietnam’s resort properties

06-Feb-2016 Intellasia | VNS | 6:00 AM

At a two-day conference in Singapore last week, representatives of more than 200 leading Singaporean real estate companies and investors evinced interest in resort properties [...]
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Strong GDP growth, low inflation forecast for ’16

06-Feb-2016 Intellasia | VNS | 6:00 AM

Vietnam’s gross domestic product (GDP) will likely grow 6.82 per cent this year, 0.12 percentage points higher than that predicted by the National Assembly last [...]
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VinaPhone installs 11,000 3G base stations before Tet

06-Feb-2016 Intellasia | VNA | 6:00 AM

State-run mobile network operator VNPT VinaPhone has installed some 11,000 extra nodeB 3G base transceiver stations (BTSs) to meet the sudden increase in service demand [...]
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State budget deficit at 5.26tr dong in January 2016

06-Feb-2016 Intellasia | NNVN | 6:00 AM

“State budget deficit in January 2016 is estimated to reach 5.26 trillion dong, which is offset by domestic sources and foreign loans”. This information has just [...]
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Vinamilk’s profit rises 28 per cent

06-Feb-2016 Intellasia | VNS | 6:00 AM

The Vietnam Dairy Products Joint Stock Company (Vinamilk) posted an after-tax profit of nearly VND7.8 trillion (US$350 million) last year, an increase of 28 per cent [...]
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TPP signing-an important milestone: trade ministers

06-Feb-2016 Intellasia | VNA | 6:00 AM

Trade and economic ministers of the 12 member countries of the freshly-sealed Trans-Pacific Partnership (TPP) agreement have affirmed that the signing of the deal signals an [...]
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