Archive for September 11th, 2018

Vietcombank sells entire OCB stake

11-Sep-2018 Intellasia | VNS | 6:00 AM

Vietcombank sold all 1.47 million shares of Orient Commercial Bank (OCB) at an auction on Thursday. According to the Hanoi Stock Exchange, two individual investors bought the [...]
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VIB finances nearly $300m for SMEs’ transactions

11-Sep-2018 Intellasia | VNS | 6:00 AM

Vietnam International Commercial Joint Stock Bank (VIB) has been recognised as the country’s leading SME Trade Bank by the Asian Development Bank (ADB), thanks to [...]
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Few bank stock options for foreigners

11-Sep-2018 Intellasia | VIR | 6:00 AM

Although Vietnamese bank stocks appear to have a bright future, foreign investors may find it difficult to join the parade due to a lack of progress on foreign ownership and [...]
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Why banks’ liquidity suddenly tight?

11-Sep-2018 Intellasia | Tien Phong | 6:00 AM

From early August until now, interest rates in the interbank market remained high at 4.5 percent4.6 percent per annum (p.a.) for overnight, one-week, two-week and one-month [...]
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Insurers in Vietnam see assets grow by 35pct in 8 months

11-Sep-2018 Intellasia | Hanoi Times | 6:00 AM

The total premiums collected by insurance companies in the first eight months of 2018 stood at VND80.83 trillion (US$3.45 billion), up 38.81 percent year-on-year. In the [...]
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To normalise high interest rates

11-Sep-2018 Intellasia | VnEconomy | 6:00 AM

From mid-August to early September, the market was excited with the decision to increase the dong deposit rates of some banks, despite that recently the dong interbank rates [...]
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Phones make up half of Vietnam’s exports to Russia

11-Sep-2018 Intellasia | The Saigon Times | 6:00 AM

Phones and phone parts comprised some 50 percent of Vietnam’s total exports in terms of revenue to Russia, according to the general Department of Vietnam Customs. [...]
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What can Vietnam gain as one of China’s top 10 travel markets?

11-Sep-2018 Intellasia | Vietnamnet | 6:00 AM

Vietnam was among the 10 countries and territories that received the most Chinese travellers in the first six months of 2018, according to Chinese media. However, the [...]
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Eight-month budget collection increases by nearly 14pct

11-Sep-2018 Intellasia | VNA | 6:00 AM

Total budget collection in the January-August period was estimated at 871.8 trillion VND (37.3 billion USD), or 66.1 percent of the yearly estimates, an increase of 13.8 [...]
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Vietnam report on Japanese ODA projects inaccurate: Jica

11-Sep-2018 Intellasia | VN Express | 6:00 AM

A Ministry of Finance assessment of Japanese ODA projects contains inaccuracies, the Japan International Cooperation Agency claims. In a recent report to the Vietnamese [...]
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Fighting fake news in the era of global trade

11-Sep-2018 Intellasia | The Saigon Times | 6:00 AM

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), many newspapers in Romania have reported inaccurate information about Vietnamese tra fish, [...]
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Vietnam competes with China to become top garment exporter in Korea

11-Sep-2018 Intellasia | Vietnamnet | 6:00 AM

Vietnam became the second largest textile and garment supplier in South Korea, just after China, with export turnover of $1.5 billion in the first seven months of the year. [...]
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Vietnam-Hungary economic ties have large room to grow

11-Sep-2018 Intellasia | VNA | 6:00 AM

There is still large room for the economic and trade ties between Vietnam and Hungary to grow, as bilateral trade stood at only 354.3 million USD in 2017. The figure reached [...]
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Vietnam, Russia sign various cooperation agreements

11-Sep-2018 Intellasia | VNS | 6:00 AM

General Secretary of the Communist Party of Vietnam (CPV)’s Central Committee Nguyen Phu Trong and Russian President Vladimir Putin witnessed the signing of many [...]
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Sugar industry sees bitter side of ATIGA’s impacts

11-Sep-2018 Intellasia | VOV | 6:00 AM

The sugar industry is having to overcome the challenges of high material costs and low prices of bagasse-fired power to deal with the pressure of the Asean Trade in Goods [...]
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