Archive for November 1st, 2018

Reference exchange rate up 2 VND on October 31

01-Nov-2018 Intellasia | VNA | 6:26 AM

The State Bank of Vietnam continued to adjust the daily reference exchange rate up on October 31, setting the rate at 22,726 VND per USD, an increase of 2 VND from the [...]
» More

Which banks attain the highest profit from services?

01-Nov-2018 Intellasia | Tri Thuc Tre | 6:26 AM

Eight banks have reported net service income of over one trillion dong after the first nine months of 2018. In absolute number, Commercial Joint Stock Bank for Foreign Trade [...]
» More

Digital banking booms for payment in 4.0 age

01-Nov-2018 Intellasia | Dau tu Chung khoan | 6:26 AM

The Industrial Revolution 4.0 is changing drastically all sectors and fields. Accordingly, banks, traditionally the pioneer field in the application of new technologies for [...]
» More

Will Private Banking Sector Have High Credit Growth?

01-Nov-2018 Intellasia | VCCI News | 6:26 AM

The State Bank of Vietnam (SBV) will not issue additional credit lines except for special cases, and therefore credit growth will depend heavily on the bank’s capital. [...]
» More

Small banks simultaneously raise capital

01-Nov-2018 Intellasia | InfoMoney | 6:26 AM

As the market flourishes and business results are positive, many small banks plan to increase capital and list shares on the stock exchanges. The State Bank of Vietnam (SBV) [...]
» More

How to ‘awaken’ the $60b fund in the population?

01-Nov-2018 Intellasia | Lao Dong | 6:26 AM

Recently, the problem of mobilising capital from the population was mentioned by To Lam, the minister of Public Security Ministry in a discussion at the group of [...]
» More

Lending interest rate high in Vietnam

01-Nov-2018 Intellasia | Vietnamnet | 6:26 AM

The developers of road projects under the BOT (build, operate, transfer) investment mode complain that lending interest rates are too high, up to 10.5 percent per annum. By [...]
» More

20 banks have large FX trading profit in the first three quarters

01-Nov-2018 Intellasia | Tri Thuc Tre | 6:26 AM

In the first nine months of 2018, 20 banks have announced financial statements with large net foreign exchange (FX) gains of 4.293 trillion dong, up 32 percent year over year [...]
» More

Can Tho city’s retail sales and services up 12pct

01-Nov-2018 Intellasia | VNA | 6:26 AM

Total revenue from retail sales and services in the Mekong Delta city of Can Tho is estimated at 100.5 trillion VND (4.28 billion USD) during the January-October period, [...]
» More

Vietnam Continues as Fastest Growing Asean Economy in 2018

01-Nov-2018 Intellasia | VCCI News | 6:26 AM

Standard Chartered Bank maintained its economic growth forecast for Vietnam at 7 per cent in 2018, driven by strong foreign-invested electronics manufacturing and increased [...]
» More

HCM City’s CPI up 0.64pct in October

01-Nov-2018 Intellasia | VNA | 6:26 AM

HCM City’s consumer price index went up 0.64 percent month-on-month and 3.42 percent year-on-year in October, announced the municipal Statistical Office on October 30. [...]
» More

Scrap import tightening causes material shortage for businesses

01-Nov-2018 Intellasia | SGGP News | 6:26 AM

Many businesses including those in packing, paper and plastics fields have been short of material for production and in the danger of shutdown after the government tightened [...]
» More

More tax and customs reforms urged

01-Nov-2018 Intellasia | VNS | 6:26 AM

The Ministry of Finance was urged to make greater efforts in tax and customs reforms which would help enhance competitiveness for enterprises in the context of rapid [...]
» More

No problem for auto market: industry minister

01-Nov-2018 Intellasia | The Saigon Times | 6:26 AM

Deputies of the National Assembly (NA) at the question-and-answer session today, October 30 voiced concerns over the local automobile market being heavily affected by the [...]
» More

IIP rises 10.4pct in January-October

01-Nov-2018 Intellasia | VNS | 6:26 AM

The country’s index of industrial production (IIP) rose by 10.4 per cent in January-October, higher than the 9.6 per cent increase over the same period last year, [...]
» More