Archive for January 3rd, 2019

A disappointing year for VN stocks

03-Jan-2019 Intellasia | VNS | 6:00 AM

Vietnam’s benchmark VN Index ended 2018 on a negative note due to cautious market sentiment, which increased selling pressure over the last 30 minutes of the day. The [...]
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Hanoi Stock Exchange improves operation

03-Jan-2019 Intellasia | VNS | 6:00 AM

The Hanoi Stock Exchange (HNX) improved its share, bond and derivatives markets considerably in 2018 and will continue to enhance the markets’ operation in 2019. Last [...]
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Vietnam criticised for ‘totalitarian’ law banning online criticism of government

03-Jan-2019 Intellasia | Straits Times | 6:00 AM

Vietnam has introduced a new cybersecurity law, which criminalises criticising the government online and forces internet providers to give authorities’ user data when [...]
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New foreign currency lending policy to be officially applied since 2019

03-Jan-2019 Intellasia | VnEconomy | 6:00 AM

On 28th December 2018, the Governor of the State Bank of Vietnam (SBV) signed the approval for issuance of Circular No. 42/2018/TT-NHNN amending and supplementing specific [...]
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Reference exchange rate kept unchanged following New Year holiday

03-Jan-2019 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam kept the daily reference exchange rate on January 2 unchanged from the last day before the New Year holiday (December 28) at 22,825 VND/USD. With [...]
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Vietnam’s corporate bond market lacks major factors to catch up with regional peers

03-Jan-2019 Intellasia | Hanoi Times | 6:00 AM

The corporate bond market in particular and the bond market in Vietnam in general are quite attractive compared to the Vietnam stock market. The Vietnam’s corporate [...]
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Banks deposit rates rise as usual at year end

03-Jan-2019 Intellasia | Vnxpress | 6:00 AM

Banks usually hike deposit interest rates and even offer promotions at the year end, and this year has been no different. On December 19 Sacombank announced a rise in [...]
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2018 an unforgettable year for financial sector

03-Jan-2019 Intellasia | The Saigon Times | 6:00 AM

The year 2018 ended with many remarkable events occurring in the financial sector, including the higher-than-expected State budget revenue, the hike in environmental [...]
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Be cautious with exchange rate pressure in 2019

03-Jan-2019 Intellasia | Dien dan Doanh nghiep | 6:00 AM

2018 was a successful year in terms of exchange rate operation, and many forecasts show that the pressure on exchange rate in 2019 will be reduced thanks to positive [...]
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Interest rate for loans to support house purchases in 2019 maintained at 5pct p.a.

03-Jan-2019 Intellasia | Zing News | 6:00 AM

Compared to the interest rate for loans to support house purchases applied in 2018, interest rate in 2019 will continue to be maintained at five percent per annum (p.a.), [...]
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Resilient dong forecast to devalue less than 3pct in 2019

03-Jan-2019 Intellasia | Hanoi Times | 6:00 AM

The dong has been quite resilient against the volatile Chinese renminbi, especially in comparison with regional currencies. After being one of the most stable currencies on [...]
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Banks attempts to settle bad debts

03-Jan-2019 Intellasia | Dau tu Chung khoan | 6:00 AM

The effectiveness of Resolution 42/2017/QH14 on handling bad debts of the National Assembly (NA) has positively influenced the process of settling and recovering bad debts of [...]
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Banks shift to digital services to stay current with fast-changing market

03-Jan-2019 Intellasia | Vietnamnet | 6:00 AM

In the 4.0 era, commercial banks need to digitalise and work with fintechs and technology firms, experts say. “It’s difficult to do business in the banking sector [...]
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To ensure banks’ capital safety

03-Jan-2019 Intellasia | Dien dan Doanh nghiep | 6:00 AM

Asset quality and profitability of Vietnamese banks have been improved, but capital adequacy is still a concern. The non-performing loan (NPL) ratio of the banking system has [...]
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VPBank shaping the future of the banking landscape

03-Jan-2019 Intellasia | VNS | 6:00 AM

Software firm SAP Vietnam on Thursday announced a partnership with VPBank to equip the company with solutions to serve digital and mobile banking needs in Vietnam. VPBank has [...]
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