Archive for December 9th, 2016

Fujitsu Develops Technology for Measuring Magnetic Properties under Stress Using Piezoelectric Device

09-Dec-2016 Intellasia | Fujitsu Ltd | 6:00 AM

Will contribute to more precise large-scale simulations of magnetic fields to streamline designs, such as for electric-vehicle motors TOKYO, Dec 8, 2016 – (JCN [...]
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NovogeneAIT Singapore and the Genome Institute of Singapore Forge Public-Private Partnership to Establish Whole Genome Sequencing Centre in Singapore

09-Dec-2016 Intellasia | A*STAR / Novogene / AITbiotech | 6:00 AM

Beijing and Singapore, Dec 8, 2016 – (ACN Newswire) – Novogene, a leading commercial provider of genomic services and solutions with cutting edge next-generation [...]
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Gold firms ask for looser controls

09-Dec-2016 Intellasia | VNS | 6:00 AM

It is time for the central bank to loosen its control over gold imports as a shortage of gold material in the domestic market has led to adverse consequences, the Vietnam [...]
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Incoming remittances to HCM City predicted to drop this year

09-Dec-2016 Intellasia | The Saigon Times | 6:00 AM

Incoming remittances to HCM City are expected to edge down this year due to the recent unfavourable political and economic developments worldwide, although this source of [...]
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VPBank gets microfinance loans

09-Dec-2016 Intellasia | Gtreview | 6:00 AM

The International Finance Corporation (IFC) and Cathay United Bank, from Taiwan, have agreed to lend $50mn to Vietnam Prosperity Bank (VPBank). Each will lend $25mn to [...]
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Ministry of Public Security to trace demonetisation rumour-monger

09-Dec-2016 Intellasia | VNS | 6:00 AM

The prime minister Nguyen Xuan Phuc on Tuesday directed the Ministry of Public Security to trace the person who spread the rumour that Vietnam would replace the current [...]
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Individual savings at banks surge over 17pct

09-Dec-2016 Intellasia | VNS | 6:00 AM

Savings at banks remained attractive to locals, with deposits of individuals in the first nine months of this year seeing a sharp surge of more than VND500 trillion (US$22.02 [...]
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NFSC points out unfavourable factors for exchange rate

09-Dec-2016 Intellasia | Bizlive | 6:00 AM

The report on economic situation in November and the first 11 months of 2016 recently announced by the National Financial Supervisory Commission (NFSC) stated that the trade [...]
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500tr dong of bad debts settled in four years

09-Dec-2016 Intellasia | VnExpress | 6:00 AM

At the conference on the right to handle secured assets of banks held on December 6th, deputy Governor of the State Bank of Vietnam (SBV) Dr Nguyen Kim Anh said that 500 [...]
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Foreign investors expect more ownership room in banks

09-Dec-2016 Intellasia | Bao Dau Tu | 6:00 AM

The current ownership limit of 30 percent in a local bank has never satisfied foreign investors. At the Vietnam Business Forum (VBF) 2016 held in the early week, the issue of [...]
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Vietnam’s GDP to grow at 6.3 per cent for 2017-2018

09-Dec-2016 Intellasia | Vneconomictimes | 6:00 AM

The latest World Bank report predicts Vietnam’s economy to grow over the next few years. Vietnam’s medium-term outlook remains favourable, and its growth [...]
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Insurance sector will grow stably at 20pct in 2017

09-Dec-2016 Intellasia | Dau Tu Chung Khoan | 6:00 AM

Deputy general Secretary of Vietnam Insurance Association Ngo Trung Dung said that the total revenue of insurance sector by the end of 2016 is estimated at 85.491 trillion [...]
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SCIC and IFC partnered to promote corporate governance

09-Dec-2016 Intellasia | VNS | 6:00 AM

Vietnam’s State Capital Investment Corporation (SCIC) signed a memorandum of understanding with the International Finance Corporation (IFC) on improving corporate [...]
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Reference exchange rate down 9 dong

09-Dec-2016 Intellasia | VNA | 6:00 AM

The reference VND/USD exchange rate was announced at 22,215 VND on December 8, down 9VND from the rate on the day before. With the current trading band of/- 3 percent, the [...]
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SBV works to prevent credit fraud

09-Dec-2016 Intellasia | VNS | 6:00 AM

The State Bank of Vietnam (SBV) this week instructed concerned agencies and organisations to keep a strict check on the use of credit cards to prevent false transactions. In [...]
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