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Forex rates to remain under pressure

18-Aug-2015 Intellasia | Bizhub | 6:00 AM

One of the prominent economic happenings globally in recent times is the appreciation of the US dollar, which has affected most countries including Vietnam. The greenback has [...]
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TPP: Vietnam pressured to remove import tariffs on Japanese car imports

18-Aug-2015 Intellasia | VNE | 6:00 AM

Removing import tariffs on car imports from Japan is an important issue put on the table of the ongoing negotiations for Trans Pacific Partnership Agreement (TPP). However, [...]
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Exchange rate adjustment not yet make businesses feel assured

18-Aug-2015 Intellasia | Bao Dau Tu | 6:00 AM

Right after China continuously devalued its currency at record level on August 11 and 12, the State Bank of Vietnam (SBV) increased the exchange rate band from +/-1 percent [...]
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Vietnam continues bilateral talks with TPP partners

18-Aug-2015 Intellasia | VNA | 6:00 AM

Vietnam is actively engaging in bilateral negotiations with the US and several other countries to ensure its key interests before entering a ministerial meeting aimed at [...]
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Banks massively increase charter capital

18-Aug-2015 Intellasia | Thoi Bao Kinh Doanh | 6:00 AM

Banks have drastically implemented the restructuring scheme in order to improve profitability and increase charter capital, after a long time involving in bad debt issue. [...]
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Vietnam shifts policies to prepare for new Asean economic group

18-Aug-2015 Intellasia | VNS | 6:00 AM

Deputy minister of Industry and Trade Nguyen Cam Tu spoke with Nhan Dan (People) newspaper about getting ready for the establishment of the Asean Economic Community (AEC). [...]
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Personnel in the banking sector surges in H1/2015

18-Aug-2015 Intellasia | Vinanet | 6:00 AM

Statistics of six banks that have released financial reports in the first six months show that the number of staff increased 2,234 people, higher than the total additional [...]
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Asia stocks drift as yuan stable for second day

15-Aug-2015 Intellasia | AP | 6:00 AM

Asian stock markets drifted Friday as China’s currency stabilised for a second day, easing uncertainty about its direction after an unexpected devaluation earlier in [...]
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Asian currencies recover after yuan-cut rout

15-Aug-2015 Intellasia | AFP | 6:00 AM

Asian currencies gained Thursday, recovering from the worst two-day rout in almost 20 years after China reassured markets it would not engage in a currency war. Emerging [...]
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Asian shares gain as dealers eye dollar, yuan

15-Aug-2015 Intellasia | AFP | 6:00 AM

Asian markets mostly fell on Friday, weighed down by jitters over the impact of China’s yuan devaluation and the timing of a US interest rate rise, while a fall in oil [...]
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Trade ministry monitors impact of weaker yuan on exports

15-Aug-2015 Intellasia | The Saigon Times | 6:00 AM

The Ministry of Industry and Trade is keeping a close watch on the impact of China’s sharp yuan devaluation on the exchange rate between the US dollar and the local [...]
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Yuan fall to slightly affect Vietnam tourism: insiders

15-Aug-2015 Intellasia | Tuoi Tre News | 6:00 AM

While the cheaper Chinese currency will certainly make tour packages to Vietnam costlier for Chinese tourists, local travel agencies believe the impact of the weakened yuan [...]
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Quang Binh calls for investment in 34 tourism projects

15-Aug-2015 Intellasia | DTI News | 6:00 AM

The central province of Quang Binh has announced a list of 34 tourism projects calling for investments from 2015-2020 with total capital of over 23 trillion VND (1.03 billion [...]
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Sacombank allowed to merge with Southern Bank

15-Aug-2015 Intellasia | VNS | 6:00 AM

The State Bank of Vietnam has approved in principle the merger between Sai Gon Thuong Tin Commercial Joint Stock Bank, known more commonly as Sacombank, and Southern [...]
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Foreign funds eye 49pct in DongA Bank, after the lender’s deal failure with Kinh Do

15-Aug-2015 Intellasia | Dealstreetasia | 6:00 AM

Several foreign funds are eyeing a 49 per cent stake in the HCM City-based DongA Bank, after the lender failed to seal a 17 per cent deal with Vietnam’s leading [...]
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