Archive for December 3rd, 2016
InnoDesignTech Expo Unveils Latest Trends in Urban Living
Creativity For Smart Living HONG KONG, Dec 2, 2016 – (ACN Newswire) – From managing household appliances with mobile apps and enjoying cookies made from 3D [...] » More
Reference exchange rate goes down 3 dong
The State Bank set the reference VND/USD exchange rate at 22,124 VND per USD on December 2, down 3 VND from the day ago. With the current/- 3 percent VND/USD trading band, [...] » More
SHB clinches credit deal with PV Power
Saigon-Hanoi Bank (SHB) announced that it had signed a VND2 trillion credit line for PetroVietnam Power Corporation (PV Power). In the deal PV Power will use credit from the [...] » More
BIDV wins best retail bank award 2016
The Bank for Investment and Development of Vietnam (BIDV) has been the only bank to receive the Best Retail Bank title of the 2016 Vietnam Outstanding Banking Awards. The [...] » More
ACB raises tier-2 capital
The Asia Commercial Joint Stock Bank (ACB) has announced the decision to approve the private placement to issue 1.5 trillion dong of bonds in the fiscal year 2016. [...] » More
Banks race to increase lending
Taking advantage of the peak business season in the end of the year, banks have given various credit packages with preferential interest rates in order to stimulate the [...] » More
Interbank rates for dong loans surge
Interest rates for dong loans on the interbank market rose sharply in the first two days of the week, especially for short tenors. The overnight rate stood at 1.7 percent per [...] » More
State bank: Banknote change news is fabrication
Rumour circulated on social networks on recent day about the State Bank of Vietnam going to make banknote change is fabricated and ill-intended, state the State Bank of [...] » More
Vietnam sees high potential of e-banking services
With the government encouraging non-cash payments, e-banking service is promising in Vietnam, experts said at the Vietnam Retail Banking Forum 2016 in Hanoi on December 1. [...] » More
Capital outside banks necessary for real estate market-Central Bank
The real estate sector has mainly raised funds from the banking system so it is necessary to seek capital from other channels outside the banking system, said the State Bank [...] » More
Forum calls for digitising VN banking
The banking sector has been developing rapidly but it needs to do more, especially to ensure sustainable development of digital banking, a conference heard in HCM City on [...] » More
Vietnam jumps 14 places in global enabling trade index
Vietnam advanced 14 places in the Enabling Trade Index of the World Economic Forum, now ranking 73rd out of 136 economies, according to the Global Enabling Trade Report [...] » More
Finance Ministry talks to southern businesses
The Ministry of Finance, the general Department of Vietnam Customs and the general Department of Taxation yesterday held a dialogue with over 400 businesses in the southern [...] » More
