Archive for December 16th, 2016

Reference exchange rate raised by 11 dong

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

The VND/USD reference exchange rate was revised up 11 VND from December 14 to 22,135 VND per USD on December 15. With the current trading band of/- 3 percent, the ceiling [...]
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Overseas remittances dip after Trump elected US president

16-Dec-2016 Intellasia | VNN | 6:00 AM

The estimated overseas remittance to Vietnam in 2016 is expected to be roughly $5 billion, or 10 percent lower than the forecast of $5.5 billion. Deputy director of the State [...]
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Masan Group to issue $300m in international bonds

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

The management board of Masan Group has approved a plan to issue non-convertible international bonds worth up to $300 million, the company announced in a filing to the State [...]
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Techcombank prepares for UPCoM listing

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

Around 887.8 million shares of Techcombank were deposited at the Vietnam Securities Depository (VSD) on Tuesday, the first step to trading shares on the Unlisted Public [...]
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Moody’s: Unresolved bad debt risks higher

16-Dec-2016 Intellasia | DTI News | 6:00 AM

Vietnam’s macroeconomic stability and resilient economic growth will continue to support the bank’s weak credit profile, but high credit growth and unresolved bad [...]
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Tax incentives provide few benefits

16-Dec-2016 Intellasia | DTI News | 6:00 AM

Tax incentives have not contributed much to increase investment or economic growth in Vietnam, according to the latest Oxfam report released on December 12. Despite [...]
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Payment step considered as the biggest difficulty in Vietnam’s e-commerce market

16-Dec-2016 Intellasia | CP | 6:00 AM

Although Vietnam’s e-commerce has grown at dizzying speed, most economists and businesses acknowledge that, the biggest difficulty of the country’s e-commerce is [...]
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Future bright for VN’s economy

16-Dec-2016 Intellasia | Bizhub | 6:00 AM

Further efforts to hasten economic restructuring and institutional reform will drive the Vietnamese economy in 2017, according to a report by a financial analysis group. The [...]
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Vietnam Moves Away From Trans-Pacific Partnership

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

The election of Donald Trump as president of the United States has caused Vietnam to look for new trade deals. Vietnam wants to support exports to keep its economy strong if [...]
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TPP still of value to Vietnam

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

Trade with other members may be possible, conference hears, and there are other trade options available if TPP does not go ahead. It is too soon to evaluate the impact on [...]
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