Archive for December 14th, 2016

Dollar weakens against dong on interbank market

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

The US dollar has gone down against the dong on the interbank market over the past few days after a period of sharp increases. Last Thursday morning saw banks quoting the [...] » More

Huge funds raised from bonds lie idle in Vietnam

14-Dec-2016 Intellasia | Vn Economic Times | 6:00 AM

The country is sitting on cash piles after a strong year for debt sales. After a sucessful year of bond sales, Vietnam now has a large fund waiting to be spent on public [...] » More

DATC to sell 3.7m shares of Cosevco

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

Vietnam Debt and Asset Trading Corporation (DATC) will sell 3.7 million shares of Cosevco Ceramic Tiles Joint Stock Company at an auction on January 6 next year at the Hanoi [...] » More

DongA Bank’s former top officials prosecuted

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

The Ministry of Public Security’s police investigation agency has decided to prosecute two former top officials of the HCM City-based Dong A Bank (DongA Bank), it [...] » More

DongABank business as usual after ex-boss arrested

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

Business operations of HCM City-based DongABank are as usual even though the former boss of the commercial joint stock bank, Tran Phuong Binh, was detained by police on [...] » More

Central Bank assures DongA Bank ‘normal’ after ex-boss’ arrest

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

Operations are going on “normally” at HCM City-headquartered DongA Bank after five of its managers and employees were arrested for financial wrongdoing, according [...] » More

PM: ADB plans to buy ailing Vietnamese bank

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

The Asian Development Bank (ADB) and a Vietnamese private partner are planning to buy an ailing local bank, said prime minister Nguyen Xuan Phuc at the Vietnam Development [...] » More

Vietnam taxpayers want bigger relief to cover illness

14-Dec-2016 Intellasia | Tuoitre News | 6:00 AM

Vietnamese taxpayers want to enjoy more lenient rules when they become ill, as the current regulations will give little or no relief for their financial burden. Local payers [...] » More

HCM City sets budget targets for next year

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

The People’s Council of HCM City last Friday passed a resolution on a fiscal plan for 2017, with budget revenue set at VND347.88 trillion and spending at VND70.64 [...] » More

Vietnam Pivots Away from US-Led Trade Zone as Trump Preps for Office

14-Dec-2016 Intellasia | VOA News | 6:00 AM

Vietnamese officials once excited by joining the US-led Trans Pacific Partnership (TPP), a sweeping Pacific Rim trade zone, are looking instead to other deals that would [...] » More

Vietnam productivity hike efforts hailed

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

Vietnam has made strides in improving its productivity and narrowing the gap with developed and developing countries, according to experts speaking at a conference on [...] » More