Archive for September 26th, 2018

Ambassador of the Kingdom of Saudi Arabia Inaugurates VFS Branch In Order to Facilitate Biometric Services

26-Sep-2018 Intellasia | 25-SEP-2018 ACN Newswire | 6:00 AM

JAKARTA, Sept 25, 2018 – (ACN Newswire) – Saudi Arabia’s Ambassador to Indonesia, HE Osamh Mohammed Abdullah Shuibi, inaugurated the VFS / TasHeel branch at [...]
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Online lending applications trap customers

26-Sep-2018 Intellasia | Saigon Dau tu | 6:00 AM

Recently, the model of lending via mobile applications tends to boom. Borrowers only need to download a mobile software application, register information and submit a loan [...]
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SBV warns financial firms not to harass people

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

The Governor of the State Bank of Vietnam (SBV) has issued a document requesting its branches in provinces and cities to improve the operation of financial companies, [...]
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Banks scramble to divest crossholdings as stock market rebounds

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

Vietcombank says it will auction 45.6 million shares of Eximbank on October 22 to adhre to the State Bank’s cross-ownership requirements. The minimum price it has set [...]
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Banks invest a lot in technology

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

For years, credit activities have been the main source of income for banks. In order to gradually reduce the dependence on credit, banks are looking forward to increasing [...]
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Reference exchange rate up 6 VND

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

The State Bank of Vietnam (SBV) set the daily reference exchange rate on September 25 at 22,715 VND/USD, up 6 VND from the rate on the previous day. With the current trading [...]
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Foreign investors eye Vietnam’s e-wallet market

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

Foreign investors have poured into Vietnam’s e-wallet sector as they see huge growth potential in the market in the wake of the government’s plan to reduce cash [...]
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Home Credit mobile app wins IFM award

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

Consumer finance provider named “Best Consumer Finance Mobile Application 2018″ by finance magazine. Home Credit Vietnam’s mobile app was named “Best [...]
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Bancassurance is running too fast and too risky

26-Sep-2018 Intellasia | Dau tu Online | 6:00 AM

The model for distributing insurance products via banks bancassurance is booming and contributing important revenue to many insurers. However, some experts in the industry [...]
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Peer-to-peer loans: Lesson from China

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

Hope became disappointment. The collapse of the peer-to-peer (P2P) lending companies in China has ended hopes of investors. The consequences have not been fully aware of, but [...]
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VN fruits need to gain domestic market before exporting: experts

26-Sep-2018 Intellasia | Vietnamnews | 6:00 AM

Vietnam’s fruit sector should focus on gaining trust from domestic consumers before focusing on exports, said deputy general director of the Plant Cultivation [...]
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Environmental tax hike to add $673 million to Vietnam’s public revenue

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

Viet Dragon Securities Corporation (VDSC) estimated that Vietnam`s headline inflation will rise by 4.1-4.2 percent year-on-year in 2018. The environmental protection tax [...]
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New rules stymie foreign investors from divestment deals

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

Some regulations on privatisation of state-owned enterprises (SOEs) are causing difficulties for the businesses to find strategic investors in their state divestment, [...]
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New decree removes barriers for rice exporters

26-Sep-2018 Intellasia | VNS-VNA | 6:00 AM

According to a new governmental decree, rice-exporting businesses will no longer be required to own rice storage, paddy milling and grinding facilities with processing [...]
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India tops seafood suppliers to Vietnamese market

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

India stood as the biggest supplier of all types of seafood products to Vietnam, making up 21.9 percent of the country’s total seafood imports in the first eight months [...]
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