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Category: VietnamSubscribe via RSS Feed

Vietnam scores big trade surplus with Australia

10-Feb-2015 Intellasia | VNA | 6:00 AM

Vietnam scored a trade surplus of 1.93 billion USD with Australia in 2014, according to figures from the Ministry of Industry and Trade. Vietnam’s exports to Australia [...]
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Exports talk restructuring of tra fish industry

10-Feb-2015 Intellasia | VNA | 6:00 AM

The proposed restructure of the tra fish sector should focus on improving quality and diversifying products and on export markets and processors’ finances and [...]
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Economy projected to grow faster this year

10-Feb-2015 Intellasia | VNS | 6:00 AM

The Vietnamese economy will grow at around 6.2 per cent this year, but continues to face a lot of challenges, a seminar heard on Thursday. Nguyen Xuan Thanh, director of the [...]
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Business Brief February 09

09-Feb-2015 Intellasia | | 3:43 PM

* FLC Group Company has for the first time registered to buy two million shares (5.7 percent) of HAI Agrochem Company (HAI) over one month starting from February 11. * [...]
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ANZ: Vietnam oil consumption growth fastest in region

07-Feb-2015 Intellasia | The Saigon Times | 6:00 AM

Vietnam’s oil consumption growth is the fastest in the region, overtaking China and rising by 7.5 percent annually over the last 20 years, according to ANZ Bank. The [...]
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Poor infrastructure hinders border trade development

07-Feb-2015 Intellasia | VNA | 6:00 AM

International economic integration, the Asean Community formation, and trade and transportation cooperation within the Great Mekong Sub-region are offering Vietnam the [...]
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VAMC needs more capital to reduce bad debt ratio to below 3pct

07-Feb-2015 Intellasia | Baodautu | 6:00 AM

With the purpose of bringing bad debt ratio to below three percent in the end of 2015, under the direction of the prime minister, Governor of the State Bank of Vietnam (SBV) [...]
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Many banks remain ownership rate of over fivepct

07-Feb-2015 Intellasia | Baodautu | 6:00 AM

Capital increase, divestment or mergers and acquisitions (M&A) are the solutions chosen by many banks, even before Circular 36/2014/TT-NHNN takes effect from February 1st [...]
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State Treasury seeks nearly $11.7b from government bond issuance

07-Feb-2015 Intellasia | Bizhub | 6:00 AM

Vietnam’s State Treasury is targeting VND250 trillion (US$11.68 billion) by issuing five-year government bonds this year, down 4.6 per cent from a year ago, said the [...]
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Vietnam improves its currency’s competitiveness

07-Feb-2015 Intellasia | VOV | 6:00 AM

The Economist Intelligence Unit has analysed Vietnam’s recent adjustment of exchange rate by 1 percent against the US dollar. It hailed the State Bank of Vietnam [...]
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SBV decides to nationalise commercial bank as last resort

07-Feb-2015 Intellasia | Vietnamnet | 6:00 AM

The State Bank of Vietnam (SBV) has decided to buy the Vietnam Construction Bank (VNCB) at zero dong per share. This is the first time in history the central bank has bought [...]
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Dong-US dollar exchange rate stabilised

07-Feb-2015 Intellasia | The Saigon Times | 6:00 AM

The exchange rate between the US dollar and dong has become stable since the middle of January and has stayed lower than the ceiling set by the central bank. Vietcombank on [...]
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AIA insurance group commits long-term operation in Vietnam

07-Feb-2015 Intellasia | VNA | 6:00 AM

The AIA life insurance group will work in the long run in Vietnam and hopes to be facilitated to expand its products, President and Executive director Mark Edward Tucker [...]
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Vietnam becomes largest shrimp exporter to RoK

07-Feb-2015 Intellasia | VNA | 6:00 AM

Vietnam was the largest shrimp exporter to the Republic of Korea in 2014 in terms of both volume and value, according to the Vietnam Association Seafood Exporters and [...]
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Vietnam drink firm pays $23,300 to silence fly in bottle scandal, tells police

07-Feb-2015 Intellasia | Tuoitre News | 6:00 AM

A Vietnamese beverage producer has agreed to pay half a billion dong to buy the silence of a customer who found a dead fly in an unopened bottle of its energy drink. But [...]
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