Archive for January 5th, 2019

Vietcombank’s profit surges after three years of restructuring

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

Bank Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has just close the fiscal year 2018 with a record impressive breakthrough of profit, nearly three [...]
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Interest rates to remain high and increase further if there is pressure on exchange rate

05-Jan-2019 Intellasia | Tri Thuc Tre | 6:00 AM

According to the money market report on the last week of 2018 by SSI Retail Research of Saigon Securities Incorporation (SSI), the monetary policy management in 2019 will [...]
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Big Data becomes the ‘key’ for development of insurance companies

05-Jan-2019 Intellasia | Tin nhanh Chung khoan | 6:00 AM

Data and information are considered valuable assets and always change over time. To be able to grow, insurance companies need to quickly update the changes. Building and [...]
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Viet A Bank’s customers seek help as deposits reportedly evaporate

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

Two customers of Viet A Bank in Hanoi have sought help as they are unable to withdraw their savings of VND170 billion (US$7.3 million) from the Dong Do transaction office of [...]
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VN central bank urged to speed up fight against dollarisation

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

With Circular 42 issued on December 28, 2018 which replaced Circular 24, the State Bank of Vietnam (SBV) tightened lending in foreign currencies in an effort to ease [...]
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Interest rates continue to increase, savings channel attracts customers

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

In the context that saving rates continue to increase, savings deposit channels are attracting more interest compared to other investment channels such as gold, securities, [...]
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Trade, investment remain pillars in Vietnam-UK relations after Brexit: Official

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

Mark Field said that the UK will boost ties with Vietnam in terms of education, technologies, smart cities, and cyberspace. Mark Field, minister of State for Asia and the [...]
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Red tape to be cut nationwide in 2019

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

2019 will be a busy year for ministries looking to cut business prerequisites, and firms should contribute to making the process more efficient, said Nguyen Dinh Cung, [...]
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Vietnam longs for joining top 15 most advanced countries in agriculture

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

The agricultural sector aims for a growth rate of 3 percent and exports $42 billion $43 billion in 2019. Prime minister Nguyen Xuan Phuc expects Vietnam to join the [...]
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Vietnam likely to be affected by RoK’s tougher pesticide rules

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

In 2019, the Republic of Korea (RoK) will tighten rules related to use of pesticides for agricultural products it imports, and Vietnam is expected to be affected. With the [...]
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HCM City lures $7.07 billion in FDI during 2018

05-Jan-2019 Intellasia | VOV | 6:00 AM

HCM City attracted $7.07 billion in foreign direct investment (FDI) during 2018, a rise of 7 per cent on-year, according to the HCM City People’s Committee. During [...]
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Da Nang’s FDI projects worth $2.9 billion

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

The central city of Da Nang granted new licences to 126 foreign direct investment (FDI) projects in 2018 with a total investment value of $155.9 million double the level it [...]
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Vietnamese exports reach new markets

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

Vietnam exported goods to 200 countries and territories worldwide in 2018, including 50 major markets, Sai Gon Giai phong (Liberated Saigon) daily reported. Vietnam would [...]
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Inflation below 4pct feasible: experts

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

Despite the adverse fluctuations of the global economy, Vietnam can achieve its target of keeping inflation below 4 percent this year, Vietnam News Agency reported, citing [...]
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Foreign capital attraction to see new forms

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

Vietnam needs to learn about new forms of investment to raise appropriate policies for attracting foreign money, according to chair of the Vietnam Association of Foreign [...]
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