Archive for October 5th, 2018

Mitsubishi Motors Increases the Production Capacity in Indonesia

05-Oct-2018 Intellasia | 04-OCT-2018 ACN Newswire | Mitsubishi Motors | 6:00 AM

- The engine of XPANDER shifts to localization - TOKYO, Oct 4, 2018 – (JCN Newswire) – Mitsubishi Motors has today announced it is to increase the production [...] » More

Banks await foreign investors with similar aims

05-Oct-2018 Intellasia | InfoMoney | 6:00 AM

Vietnam’s banking and finance sector is always attractive to foreign investors, especially when the “king stocks” are increasing sharply after a long period [...] » More

Consumer finance booms in Vietnam with new players

05-Oct-2018 Intellasia | Hanoi Times | 6:00 AM

By the end of 2017, total outstanding consumer loans reached over $5 billion. The consumer finance market, however, remains huge potential for development. Vietnam’s [...] » More

Central bank net withdraws over $581m amid improved liquidity

05-Oct-2018 Intellasia | VNS | 6:00 AM

Liquidity in the banking system has improved in the past week, pushing the State Bank of Vietnam to make a net withdrawal of over VND13.6 trillion (US$581.2 million). [...] » More

Selecting the right partners key to make profit from bancassurance

05-Oct-2018 Intellasia | Tin nhanh Chung khoan | 6:00 AM

Currently, only seven percent of Vietnam’s population have life insurance. In addition, insurance contracts that have been exploited through bank bancassurance are just [...] » More

Vietnam’s fintech becomes potential targets for international groups

05-Oct-2018 Intellasia | Hanoi Times | 6:00 AM

Foreign finance groups are eager to join Vietnam’s fruitful fintech market, which is still at early stage but is forecast to reach nearly $8 billion in 2020 thanks to [...] » More

Sacombank unveils promotions for corporate customers

05-Oct-2018 Intellasia | VNS | 6:00 AM

Sacombank has launched a programme called 4.0 Enterprise Bank with preferential fees and promotions worth around VND2 billion (US$85,574) to corporate customers using online [...] » More

Credit tightened, but 2018 still a ‘special growth year’ of the banking sector

05-Oct-2018 Intellasia | NDH | 6:00 AM

Hochiminh Security Company (HSC) forecasts that profit of the group of listed banks will increase by 45.2 percent in 2018. While in 2019, with a higher benchmark, growth will [...] » More

Inflation may reach 3.8pct, exchange rate and interest rates slightly increase

05-Oct-2018 Intellasia | BizLIVE | 6:00 AM

BIDV Securities Company (BSC) forecasted that the inflation may touch 3.8 percent in the end of the year, interest rates and exchange rate will increase slightly. Meanwhile, [...] » More

FE Credit raises charter capital to $313m

05-Oct-2018 Intellasia | VNS | 6:00 AM

The charter capital of consumer finance company FE Credit, which accounts for some 50 per cent of Vietnam’s consumer finance market share, surged sharply to nearly [...] » More

Microfinancean effective tool for women to escape poverty

05-Oct-2018 Intellasia | VNA | 6:00 AM

Microfinance, which provides preferential micro-credits with simple conditions, is seen as an effective tool to help women beat poverty, develop business and make [...] » More

Economic outlook for 2019 to see positive signs

05-Oct-2018 Intellasia | VOV | 6:00 AM

The Ministry of Planning and Investment has painted a rosy picture of the national economy in 2019 with GDP growth expected to grow at 6.6 percent-6.8 percent compared to [...] » More

Rubber exporters hope US-China trade war ends soon

05-Oct-2018 Intellasia | Vietnamnet | 6:00 AM

The US-China trade war could adversely affect Vietnam’s rubber industry as 65 percent of domestic rubber output is exported to China. According to the general [...] » More

Construction of container terminals gets green light

05-Oct-2018 Intellasia | VNS | 6:00 AM

The government has approved the proposal of Hai Phong City’s People’s Committee to build two new container terminals at Lach Huyen International Gateway Port in [...] » More

Personnel training key to marine economy sustainably

05-Oct-2018 Intellasia | VNA | 6:00 AM

Human resources development has been seen as the key to developing the marine economy sustainably as well as managing, using and protecting maritime resources in Vietnam, as [...] » More