Archive for September 13th, 2018

Lexus Digital Outer Mirror Debuts on the New ES This October

13-Sep-2018 Intellasia | 12-SEP-2018 ACN Newswire | Toyota Motor CorporationLEXUS | 6:00 AM

- Lexus will offer the world&aposs first* Digital Outer Mirrors to be equipped on a mass-produced vehicle. – The Digital Outer Mirrors show what is on the left, [...]
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TANAKA Develops 70 degrees C Low-temperature Sintering Technology using Silver Nano Ink and Full-surface Silver Metal Film Forming Technology using Etching Processes

13-Sep-2018 Intellasia | 12-SEP-2018 ACN Newswire | Tanaka Holdings Co., Ltd. | 6:00 AM

New technologies expected to reduce thickness, increase flexibility, and enhance image quality for touch panels and organic electroluminescence displays TOKYO, Sept 12, 2018 [...]
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Reference exchange rate reverses rising trend on September 12

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

The reference exchange rate was adjusted down on September 12 after rising for two consecutive days since the beginning of the week, being set at 22,698 VND/USD, down 5 VND [...]
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Generali Vietnam launches new cancer protection product

13-Sep-2018 Intellasia | VN Economic Times | 6:00 AM

“VITALa Chan Vang” (VITAGolden Shield) helps customers secure peace of mind in being protected against all types of cancer. Generali Vietnam Life Insurance LLC [...]
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Vietnam banks have large capital needs ahead of Basel II: Fitch

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

The total capital shortfall of Fitch-rated banks could increase to $6.5 billion if they were to also raise their allowance coverage to 5.0 percent of gross loans and Vietnam [...]
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VAMC, banks auction mortgaged assets to recover bad debts

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

Vietnam Asset Management Company (VAMC) and multiple banks have put up the mortgaged assets for auction to speed up the settlement of bad debts, according to Nguoi Lao Dong [...]
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Merger of PGBank into HDBank approved in principle

13-Sep-2018 Intellasia | InfoMoney | 6:00 AM

The State Bank of Vietnam (SBV) has just issued Document No. 6785/NHNN-TTGSNH on approving in principle the merger between Petrolimex Group Joint Stock Commercial Bank [...]
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Major banks join race to hike deposit rates

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

A few large commercial banks have adjusted upward their annual deposit rates following a hike in rates among small banks for call deposits of less than six months since [...]
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Government bonds lose their sheen

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

Though the interest rates on government bonds with maturity terms of one to 15 years have increased in recent times, there seems to be little appetite for them among [...]
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Foreign giants expand business in Vietnam’s finance sector

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

Considering Vietnam’s finance and banking market lucrative, many financial institutions have enlarged their projects in the country based on their sharpened [...]
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SBV actively increases interest rates to reduce pressure on exchange rate

13-Sep-2018 Intellasia | Tri Thuc Tre | 6:00 AM

Money market performance in August showed very cautious steps of the State Bank of Vietnam (SBV), especially the active management of interest rates, avoiding large gap [...]
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SBV strengthens monitoring of important payment systems

13-Sep-2018 Intellasia | Dau tu Chung khoan | 6:00 AM

The State Bank of Vietnam (SBV) has just issued Circular 20 regulating the supervision of payment systems, which is considered a “response” of this agency to the [...]
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Can CNY payments help control the underground economy in border areas?

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

The State Bank of Vietnam (SBV) has allowed CNY for payment for goods, hoping that the decision will help promote cross-border trade, create favourable conditions for trade, [...]
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Interbank rates rebound sharply

13-Sep-2018 Intellasia | Tri Thuc Tre | 6:00 AM

According to updates of the State Bank of Vietnam (SBV), in the last week of August 2018, the interbank rates showed signs of decline. Specifically, the overnight and [...]
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Vietnam considers PPP an important tool for attracting investment: DPM

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

The statement was made by deputy prime minister Trinh Dinh Dung at Grow Asia Forum 2018, alongside the World Economic Forum on Asean 2018 (WEF-Asean 2018) held in Hanoi on [...]
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