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Credit growth at 4.8pct as of end of May

12-Jun-2015 Intellasia | Tri Thuc Tre | 6:00 AM

As per the credit department (the State Bank of Vietnam-SBV), as of May 28, the credit growth of the entire banking system reached 4.8 percent. At this time last year, the [...]
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Vietnam nearly at the bottom in digital economy transformation

12-Jun-2015 Intellasia | Danviet.vn | 6:00 AM

On June 9, at the Forum on “Digital Economy Potential in Vietnam – Lessons from Asian nations”, representative of Vietnam Chamber of Commerce and Industry [...]
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Domestic gold drops to new lows

12-Jun-2015 Intellasia | The Saigon Times | 6:00 AM

Domestic gold prices have fallen to a four-year-and-a-half low while the exchange rate between the dong and the greenback has remained stable. HCM City-based Saigon Jewellery [...]
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Domestic firms ignore AEC challenges: Experts

12-Jun-2015 Intellasia | Bizhub | 6:00 AM

Vietnamese businesses are oblivious to the pressures of competitiveness in the wake of Asean moving up the ladder from Afta to Asean Economic Community (AEC) by the end of [...]
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Minister: FDI crucial to economic growth

12-Jun-2015 Intellasia | The Saigon Times | 6:00 AM

Minister of Planning and Investment Bui Quang Vinh has underlined the importance of foreign direct investment (FDI) enterprises’ contributions to Vietnam’s [...]
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VBF: Many firms unprepared for integration

12-Jun-2015 Intellasia | The Saigon Times | 6:00 AM

Most Vietnamese enterprises will face a sea of challenges when the local market is further opened up to foreign companies as they are not yet prepared for stronger [...]
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Moscow conference discusses FTA between Vietnam, EAEU

12-Jun-2015 Intellasia | VNA | 6:00 AM

A conference on establishing a free trade zone between the Eurasian Economic Union (EAEU) and Vietnam was held at the Far East Institute under the Russian Academy of Sciences [...]
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Business Brief Jun 11

11-Jun-2015 Intellasia | | 3:46 PM

* HFC Vietnam Import Export Investment and Trade Company has registered to sell its entire stake totalling over 4.16 million shares (3 percent) of Sacom Development & [...]
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Vietnam’s bank loans expand 4.82 pct in first 5 months

11-Jun-2015 Intellasia | Banking Times | 6:00 AM

Bank loans in Vietnam at the end of May rose 4.82 percent from the end of 2014, quickening from a rise of more than 1.3 percent in the comparable period a year earlier, the [...]
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SBV applies stricter measures to reduce ownership rate exceeding the limit

11-Jun-2015 Intellasia | Dau Tu Chung Khoan | 6:00 AM

The Circular 06/2015/TT-NHNN, which was issued last week and takes effect on July 15th 2015, showed the determination of the State Bank of Vietnam (SBV) in resolving the [...]
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Bad debt ratio must be reduced to below 3pct in 2015: NA economic committee

11-Jun-2015 Intellasia | TP | 6:00 AM

Mai Xuan Hung, deputy Chair of the National Assembly’s Economic Committee noted that since the management and governance of banks have been improved after [...]
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Banks start to raise saving rates

11-Jun-2015 Intellasia | Doi Song Phap Luat | 6:00 AM

Since late May, many banks have raised their saving interest rates by 0.3 to 0.5 percent per annum, mainly in the long terms. According to the report of the National [...]
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Vietnam’s public debt seen at 59.6 pct of GDP in 2014

11-Jun-2015 Intellasia | Vietnam Economic Times | 6:00 AM

Vietnam’s public debt is estimated at 2,000 trillion dong ($92 billion) as at the end of 2014, or 59.6 percent of the country’s gross domestic product, the [...]
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What will SBV do with banks purchased at zero dong?

11-Jun-2015 Intellasia | Tien Phong | 6:00 AM

In the restructuring process of the system of credit institutions over the last period, besides voluntary merger and acquisition (M&A), there are cases where the State [...]
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PM: Vietnam strictly implements trade agreements

11-Jun-2015 Intellasia | VNA | 6:00 AM

Vietnam pledged to carry out signed trade agreements and conclude 14 free trade pacts with 55 foreign partners, including 15 members of the G-20, towards creating a basic [...]
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