Archive for December 24th, 2016

Vietnam’s exports to US soar

24-Dec-2016 Intellasia | Vietnamplus | 6:00 AM

Vietnam exported 35 billion USD worth of goods to the US in January-November, 2016, representing a remarkable rise of 14 percent over the same period last year. The US topped [...]
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Vietnam Airlines enjoys 10pct rise in Indonesian market

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

The national flag carrier Vietnam Airlines saw a year-on-year rise of 10 percent in the number of Indonesian passengers visiting Vietnam in the first 11 months of 2016, [...]
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Cement and clinker exports fall 7pct in 2016

24-Dec-2016 Intellasia | VOV | 6:00 AM

Vietnam domestic sector cement and clinker exports in 2016 are estimated to have fallen 7 percent against 2015 on the back of fierce competition with cheaper product churned [...]
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Mozambique to learn from VN’s cashew development experience

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

Mozambique wants to learn from Vietnam’s experience in developing the cashew industry, IlidioAfonso Jose Bande, director of the Mozambique National Cashew Institute [...]
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Experts present three scenarios for property market next year

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

Experts, speaking at a conference in Hanoi on Tuesday, gave three scenarios for the 2017 domestic property market, with the most likely one being that the market will move [...]
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VN stock market remained stable over 2016

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

Despite the many fluctuations of the world stock market, Vietnam has maintained positive growth rates, as one of South East Asia’s five markets with the highest [...]
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Viglacera lists 65 million shares on Hanoi stock exchange

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

Construction material manufacturer Viglacera Corporation on December 22 listed more than 65 million shares worth over 650 billion VND (28.2 million USD) on the Hanoi Stock [...]
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Greenback price near upper limit

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

The central bank revised up the dong-US dollar exchange rate to a new high on December 21 while the dollar price quoted by local banks nearly touched the upper limit. Most [...]
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Reference exchange rate up 3 dong

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

The State Bank of Vietnam set the reference exchange rate for VND/USD at 22,155 VND on December 23, up 3 VND from the previous day. With the current trading band of/-3 [...]
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Sacombank’s total assets reach nearly 326tr dong

24-Dec-2016 Intellasia | Tri Thuc Tre | 6:00 AM

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) said that so far, after 25 years of establishment (December 21, 1991 – December 21, 2016), the bank has [...]
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Interbank interest rates highest in 10 months

24-Dec-2016 Intellasia | Nhip Cau Dau Tu | 6:00 AM

The updated bonds newsletter of Bao Viet Securities Company (BVSC) shows that interbank interest rates last week continued a strong upward trend, reaching its highest level [...]
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SHB and ACB to pay dividends in shares

24-Dec-2016 Intellasia | Zing.vn | 6:00 AM

Asia Commercial Joint Stock Bank (ACB) has announced the results of issuing shares to pay dividends to existing shareholders. Specifically, the bank will issue more than 89.6 [...]
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Government seeks NA’s approval on increasing charter capital for VDB and VBSP by 4.5tr dong

24-Dec-2016 Intellasia | VnEconomy | 6:00 AM

In the morning of December 22nd 2016, the National Assembly (NA) Standing Committee has held a meeting to consider the adjustment of foreign capital plan in 2016. At the [...]
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Second shift in the system of Vietnamese credit institutions continues to be shaped clearly

24-Dec-2016 Intellasia | Vneconomy | 6:00 AM

Late last week, Saigon – Hanoi Joint Stock Commercial Bank (SHB) officially received the license to merge Vinaconex-Viettel Finance Joint Stock Company (VVF). The [...]
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Most banks cannot up lending

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

Many banks won’t be able to offer loans despite the high demand for capital before Tet as they have used up their credit quotas, said Dau tu Chung khoan newspaper. The [...]
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