Archive for January 24th, 2019

BSC posts first quarterly loss since 2012

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

BIDV Securities Corporation (BSC) reported a loss of VND10 billion (US$448,500) in the fourth quarter of 2018, marking its first quarterly loss in six years. The firm [...]
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VN stocks retreat on rising caution

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

Vietnamese shares retreated from recent rallies as investors turned cautious in the last trading weeks before the Tet (Lunar New Year). The benchmark VN Index on the Ho Chi [...]
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Stock market unpredictable in 2019, say experts

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

The local stock market is expected to have unpredictable moves in 2019 as global developments have become complicated, causing challenges to economic management in the [...]
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SSC to strengthen handling of stock manipulation

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

The State Securities Commission of Vietnam (SSC) will strengthen cooperation with the ministry of Public Securities to bolster the inspection and handling of manipulation and [...]
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Market plummet hits securities companies’ profit in Q4/2018

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

As of the fourth quarter of 2018, the VN Index fell from 1,021 points to 892, equivalent to a decrease of 12.6 percent. Vietnamese securities companies saw a slump in their [...]
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Vietnam jails man for 14 years for attempting to overthrow state

24-Jan-2019 Intellasia | Reuters | 6:00 AM

A court in Vietnam has jailed a man for 14 years for attempting to overthrow the state, in cahoots with a group based in the United States, the Ministry of Public Security [...]
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In-housing debate intensifies as creative and media models evolve — WARC Marketer’s Toolkit 2019

24-Jan-2019 Intellasia | 23-JAN-2019 ACN Newswire | WARC | 6:00 AM

LONDON, Jan 23, 2019 – (ACN Newswire) – The trend toward in-housing will continue but at a global level looks less significant than recent US data has suggested, [...]
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DOCOMO to Showcase Cutting-edge 5G Use Cases at MWC19 Barcelona

24-Jan-2019 Intellasia | 23-JAN-2019 ACN Newswire | NTT DOCOMO | 6:00 AM

TOKYO, Jan 23, 2019 – (JCN Newswire) – NTT DOCOMO, INC. will jointly exhibit its latest 5G technology in conjunction with NTT subsidiaries and affiliated [...]
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Cross-ownership and share-ownership at banks: Not yet disappear

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

Circular 06/2015/TT-NHNN issued on 1st June 2015 regulates credit institutions (CIs) to coordinate with shareholders and related shareholder groups to resolve the situation [...]
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Vietcombank achieves highest profit, reduces bad debts, staff income continues to rise

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

The ability to make money of an average employee was significantly improved, with an estimation that one employee could generate more than 1.09 billion dong of profit before [...]
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Banks’ liquidity shows signs of tension

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

The high cash demand before the Lunar New Year has made the liquidity of the banking system tense, forcing the State Bank of Vietnam (SBV) to intervene. The mobilisation [...]
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New multi-stakeholder initiative seeks to make finance sector ally of sustainability

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

The Asia Sustainable Finance Initiative was launched in Singapore on Monday to help shift Asia’s financial flows towards sustainable economic, social and environmental [...]
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FE Credit seen scoring a ‘hat-trick’ of solid growth over three years

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

The overall consumer credit market slowdown in 2018 could have led FE Credit to achieve slower growth but the consumer finance company expects to conclude the year with [...]
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Central exchange rate is crawling up

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

On January 21, the central exchange rate announced by the State Bank of Vietnam (SBV) has reached 22,870 dong/US dollar, the highest since the beginning of 2016when the [...]
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SBV purchases over USD 1b since the beginning of 2019

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

The weekly currency market report recently released by Saigon Securities Incorporation (SSI) Retail Research, after two consecutive weeks of net withdrawal, in the week of [...]
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