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Stock market: early gains lost on foreign selling

16-Sep-2016 Intellasia | | 1:40 PM

Shares on the HCM Stock Exchange lost early gains in the morning trade on September 15 as increased foreign selling continued to weigh on large-cap stocks. The VN-Index, the [...]
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Indexes down for second day running

16-Sep-2016 Intellasia | Vn Economic Times | 1:39 PM

VN-Index starts brightly on September 15 then heads downwards. All main indexes on Vietnam’s stock markets finished lower for the second day in a row on September 15. On [...]
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Business Briefs Sep 16

16-Sep-2016 Intellasia | | 1:38 PM

* El.T Investment Company has registered to buy one million shares in Benovas Pharmaceutical Company (DCL) to increase its stake in DCL to 35.27 million shares (62.6%) [...]
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Bad debt settlement solutions mulled

16-Sep-2016 Intellasia | Bao Dau Tu | 6:00 AM

The recommendation to use state budget to handle bad debts in the banking system continues to be debated in the context that bad debts are seen as the “blood [...]
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SHB and VVF to merge

16-Sep-2016 Intellasia | VN Economictimes | 6:00 AM

Saigon – Hanoi Bank (SHB) and the Vinaconex Viettel Finance Corporation (VVF) have received in principle approval from the State Bank of Vietnam (SBV) to merge, with [...]
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Vietnam market lures foreign banks

16-Sep-2016 Intellasia | VIR | 6:00 AM

Making an entrance into the Vietnamese banking landscape as representative offices, then moving up the ladder to become branches and 100 percent foreign-owned units when the [...]
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ANZ Vietnam builds money management confidence

16-Sep-2016 Intellasia | VIR | 6:00 AM

ANZ’s 2016 Vietnam MoneyMinded Impact Report has proven to improve participants’ ability to save and increased their confidence in managing money. The lender [...]
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Ministry seeks stringent gold import rule

16-Sep-2016 Intellasia | The Saigon Times | 6:00 AM

The Ministry of Science and Technology has proposed the government amend a decree that regulates the quality of locally produced and imported gold jewellery. Currently, [...]
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Foreign currency deposits from the public tend to sharply fall

16-Sep-2016 Intellasia | Vietnam Finance | 6:00 AM

The State Bank of Vietnam (SBV) has held a meeting in the last week with credit institutions (CIs) to assess the situation of the currency market in the first eight months of [...]
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Only real money can solve the bad debt issue

16-Sep-2016 Intellasia | Dau Tu Chung Khoan | 6:00 AM

The proposal to settle the bad debts by using state budget capital is receiving mixed opinions although the majority of which are consentient ones. According to the proposal, [...]
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Ministry proposes to use state money to settle banks’ bad debts

16-Sep-2016 Intellasia | VNN | 6:00 AM

One of the controversial points in the draft plan on restructuring the national economy in the 2016-2020 period drafted by the Ministry of Planning and Investment is the use [...]
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Banks are hesitant to invest in security

16-Sep-2016 Intellasia | Bao Dau Tu | 6:00 AM

Investing in security can erode millions of US dollars of banks, and it can also lower the competitiveness of the banks. This is one of the reasons making banks to be [...]
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Banks are struggling to raise capital to increase CAR

16-Sep-2016 Intellasia | VnEconomy | 6:00 AM

The capital adequacy ratio (CAR) is the prerequisite condition for banks to apply Basel II standards, which is a decisive factor for the credit growth. However, many banks, [...]
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Bank shares stand still for almost one month due to phishing scams

16-Sep-2016 Intellasia | Vietnam Finance | 6:00 AM

Statistics show that, all the banking stocks have not rallied in the past one month. This takes place in the context that a series of banks faced money loss [...]
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Customer to sue bank for transaction violations

16-Sep-2016 Intellasia | Dtinews | 6:00 AM

A female customer in Hanoi is preparing to sue Saigon Commercial Bank (SCB) for transferring VND4 billion (USD190,400) from her account without her authorisation. Tran Thi [...]
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