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Category: VietnamSubscribe via RSS Feed

Banks benefit by minimum balance of ATM cards

11-Dec-2014 Intellasia | An Ninh Tien Te | 6:00 AM

Till the end of August 31, 2014, the number of ATM cards issued by 52 credit institutions was more than 74 million with about 490 trade names. With the minimum balance of [...]
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SBV disallows rollover loans

11-Dec-2014 Intellasia | Vneconomy | 6:00 AM

At the end of September, the State Bank of Vietnam (SBV) issued Letter No. 7059/NHNN-TTGSNH with remarkable requirements on credit provision in the form of rollover loans. [...]
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SBV issues new guidelines for foreign investors

11-Dec-2014 Intellasia | VNS | 6:00 AM

Foreign investors must be committed to a long-term attachment in terms of interest in domestic credit institutions, if they want to buy stakes and become strategic investors [...]
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Vietnamese banks focussing on retail services

11-Dec-2014 Intellasia | Dau Tu | 6:00 AM

Talking about commercial banks’ race for retail services, financial-banking expert Can Van Luc said that commercial banks are focusing their investment on retail [...]
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Governor appoints new State contribution representatives from VCB

11-Dec-2014 Intellasia | VNS | 6:00 AM

The governor of the State Bank of Vietnam has appointed Nghiem Xuan Thanh, chair of Vietcombank (VCB), to represent 40 per cent of the State’s contribution to the bank. [...]
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VN Index closes at six month low

11-Dec-2014 Intellasia | VNA | 6:00 AM

Heavy sell-offs on oil and gas shares continued to drag the market down on December 9, with the VN Index closing at a six-month low. On the Hochiminh Stock Exchange, PV Gas [...]
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Saigon Ground Services sells shares at excellent price

11-Dec-2014 Intellasia | VNS | 6:00 AM

Saigon Ground Services (SAGS) has successfully sold more than 2.7 million shares at an average price of VND44,693 (US$2.12) per share, which is 3.6 times higher than its [...]
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Tan Viet Securities sells nearly 184b dong bonds

11-Dec-2014 Intellasia | DVO/TVSI | 6:00 AM

On December 2, 2014, Tan Viet Securities Inc (TVSI) ended the issuance of individual bonds offered for sales within two months from the issue date October 2, 2014. 56 [...]
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City firms in deal to sell safe products

11-Dec-2014 Intellasia | The Saigon Times | 6:00 AM

Twelve producers and distributors in HCM City have pledged to provide the market with products meeting quality and safety requirements in line with an agreement they signed [...]
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Deputy minister wants Uber suspended

11-Dec-2014 Intellasia | The Saigon Times | 6:00 AM

Deputy minister of Information and Communications Truong Minh Tuan said the operation of Uber taxi service is not aligned with Vietnam’s regulations and that he [...]
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Renewable energy resources gauged

11-Dec-2014 Intellasia | The Saigon Times | 6:00 AM

The Ministry of Industry and Trade has joined forces with foreign organisations including the World Bank to conduct an overall evaluation of the potential of renewable energy [...]
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Inflation in 2014 estimated at 3pct only

11-Dec-2014 Intellasia | Thoi Bao Ngan Hang | 6:00 AM

As per the recently published report of the National Financial Supervisory Commission (NFSC) on the economic situation in November and the first 11 months of 2014, the [...]
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Tan Hoang Minh persists with luxury property projects

11-Dec-2014 Intellasia | VIR | 6:00 AM

Despite facing accusations of lengthy delays in some of its luxury projects in inner Hanoi, the Tan Hoang Minh Group last week confirmed it planned to start yet another two [...]
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HCM City’s per capita GDP estimated at $5,100 in 2014, up 13.5pct year-on-year

11-Dec-2014 Intellasia | Infonet | 6:00 AM

At a meeting in the morning December 9, 2014, Hua Ngoc Thuan, vice chair of HCM City People’s Committee reported, the city’s gross domestic product (GDP) in 20145 [...]
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Google to meet local app developers

11-Dec-2014 Intellasia | The Saigon Times | 6:00 AM

A product management director of Google will meet 600 Vietnamese developers of apps for mobile phones, tablets and computers running on Android operating system in HCM City [...]
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