Archive for September 18th, 2018

Reference exchange rate stays stable

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

The State Bank kept the daily reference exchange rate on September 17 unchanged from the last day of previous week at 22,690 VND/USD. With the current trading band of +/- 3 [...]
» More

How banks lend to real estate sector?

18-Sep-2018 Intellasia | Zing News | 6:00 AM

Along with securities, real estate is classified as a potentially risky lending sector for banks. Therefore, in many documents, the government and the State Bank of Vietnam [...]
» More

Concerns about banking personnel

18-Sep-2018 Intellasia | Thoi Bao Ngan Hang | 6:00 AM

Besides the challenge of human resource reduction in the context of Industrial Resolution 4.0, blockchain technology and other waves of new technologies in the banking and [...]
» More

Vietcombank offloads MB shares to meet central bank requirement

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

Vietcombank will divest part of its holding in Military Bank (MB) next month to meet the State Bank of Vietnam (SBV)’s regulation on holding shares at other credit [...]
» More

Fierce race of credit card issuance

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

The credit card market has a lot of potential for growth, and creates big revenue. Recently, small banks and financial companies are continuously racing to issue cards [...]
» More

Vietnam among top 10 remittance beneficiaries

18-Sep-2018 Intellasia | Dti News | 6:00 AM

Vietnam has been listed in the top ten countries receiving the highest overseas remittances worldwide, according to a report jointly conducted by United Nations Development [...]
» More

Vietnam e-wallets vie for users

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

Although each e-wallet app has its own development strategy and market segment, most of them do not possess an ecosystem and a large network of points of sale (POS). With [...]
» More

Foreign firms eye e-wallets’ future

18-Sep-2018 Intellasia | Stockbiz | 6:00 AM

As of August 2018, nearly 30 non-banking organisations have been licensed by the State Bank of Vietnam (SBV) for providing payment intermediary services, in which most of [...]
» More

VPBank launches YOLO digital banking app

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

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has launched an innovative digital bank for the young generation named “YOLO”. The app provides customers [...]
» More

Vietnamese banks rank low on CPTPP ranking

18-Sep-2018 Intellasia | Saigon Dau Tu | 6:00 AM

Despite recording impressive growth, the Vietnam’s banking and finance market has always been in low position in the Globe Competitiveness Report announced by the World [...]
» More

PM lists shortcomings of local economy

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

Speaking at the opening ceremony of the Vietnam Business Summit 2018 (VBS) in Hanoi on September 13, prime minister Nguyen Xuan Phuc pointed out the shortcomings of the local [...]
» More

Decree promotes the use of e-invoices

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

Sellers of goods and service providers must provide buyers with e-invoices with a standard data format regulated by the Ministry of Finance, according to a government decree [...]
» More

A puzzling figure

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

Widespread discussions among Vietnam’s financial circle follow the huge public savings of $60 billion estimated by a World Bank expert At the Vietnam Economic Forum on [...]
» More

FDI makes roads into mechanical engineering

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

A huge influx of foreign direct investment (FDI) is making its way into the fields of mechanical engineering, and manufacturing and processing, which are expected to fuel the [...]
» More

Vietnam to develop environmental auditing in line with international practice

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

The 14th Assembly of the Asian Organisation of Supreme Audit Institutions (ASOSAI 14) will take place in Hanoi from next Wednesday (September 19), focusing on environmental [...]
» More