Archive for October, 2018

Banks need hundreds of million of dollars for digitalisation

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

Vietnamese bankers have all announced that they will digitalise banking transactions, but only a few banks have kicked off the process. Most of the key executives of VP Bank, [...]
» More

Techcombank posts 61 per cent pre-tax profit hike

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

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank)’s pre-tax profits hit VND7.77 trillion (US$332.9 million) in the first nine months of the year, [...]
» More

Unofficial foreign currency trading still exciting

27-Oct-2018 Intellasia | VnExpress | 6:00 AM

Despite that the prohibition and fines are quite heavy, unofficial trading of foreign currencies in the free market is still going on but more careful. Recently, the Can Tho [...]
» More

Banks jump into the e-wallet business

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

More and more banks are entering the e-wallet business as they see huge growth potential in the wake of the government’s plan to reduce cash payments to below 10 per [...]
» More

Banks look abroad in rush for long-term capital

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

Struggling to attract domestic funds, banks are rushing to seek foreign capital ahead of the central bank’s tightened policy on medium- and long-term lending early next [...]
» More

The lawful places for currency exchange?

27-Oct-2018 Intellasia | Dien dan Doanh nghiep | 6:00 AM

Nguyen Ngoc Canh, Head of the Foreign Exchange Management Department of the State Bank of Vietnam (SBV), he responded to the press on the issue related to the decision of Can [...]
» More

VN completes modernisation of banking sector

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

The State Bank of Vietnam (SBV) on Thursday held a conference to close the Financial Sector Modernisation and Information Management System Project (FSMIMS). The FSMIMS [...]
» More

US$72 million project on strengthening banking sector’s capacity reviewed

27-Oct-2018 Intellasia | NDO | 6:00 AM

The State Bank of Vietnam (SBV) held a conference in Hanoi, on October 25, to review the Financial Sector Modernisation and Information Management System (FSMIMS) project. [...]
» More

Hefty fine raises currency issue

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

Though regulations against exchanging foreign currency at unlicensed outlets have existed since 2014, many people are not aware of the rules. The issue was highlighted [...]
» More

Reference exchange rate up 2 VND on October 26

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

The State Bank of Vietnam adjusted the daily reference exchange rate up on October 26, setting the rate at 22,723 VND per USD, an increase of 2 VND from the previous day. [...]
» More

State Treasury raises over $85m via government bonds

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

The State Treasury of Vietnam collected VND2 trillion (US$85.65 million) through government bond auctions at the Hanoi Stock Exchange (HNX) on Wednesday. Some VND3.5 trillion [...]
» More

The real level of lending to securities

27-Oct-2018 Intellasia | VnEconomy | 6:00 AM

Total margin lending in securities companies is currently at a low level, about 22 trillion dong. The stock market reacted cautiously in the 23rd and 24th of October on [...]
» More

Fujitsu World Tour 2018 launched in Hanoi

27-Oct-2018 Intellasia | Vn Economic Times | 6:00 AM

Fujitsu has chosen Vietnam as one of the important destinations to spread its ambition of co-creation with customers and partners. Hundreds of participants attended the [...]
» More

Hotels fear they may lose guests to Airbnb

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

Several years ago, hoteliers in Vietnam did not think Airbnb could be a threat to them. But that is no longer the case. Two years ago, there were only several thousand rooms [...]
» More

Euromoney names CBRE Vietnam leading real estate consultant

27-Oct-2018 Intellasia | Vn Economic Times | 6:00 AM

Honor comes for seventh consecutive year.CBRE Vietnam has been honored for the seventh consecutive year as the leading real estate consulting company in Vietnam by Euromoney, [...]
» More