Archive for March 22nd, 2019

Banks struggle to lure long-term capital

22-Mar-2019 Intellasia | VNS | 6:00 AM

Banks have to mobilise long-term capital at high costs by issuing certificates of deposit (CD) in dong with high interest rates to lure depositors, causing concerns about a [...] » More

VietinBank to divest from Saigonbank in Q2

22-Mar-2019 Intellasia | VNS | 6:00 AM

State-owned Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) will put more than 15.1 million shares of Saigon Bank for Industry and Trade (Saigonbank) [...] » More

Finance, investment sector has highest median salaries: survey

22-Mar-2019 Intellasia | VN Express | 6:00 AM

The finance, investment sector has highest popular salary ranging from VND5-70 million ($322.79-3,013), a survey has found. Popular salary refers to the median salary range [...] » More

Credit in foreign currencies continues to be tightened

22-Mar-2019 Intellasia | InfoMoney | 6:00 AM

With a large amount of foreign currency bought, foreign exchange reserves increases, the State Bank of Vietnam (SBV) continues to carry out the policy of gradually tightening [...] » More

Remove the ‘bottleneck’ of raising capital for state-owned banks

22-Mar-2019 Intellasia | Dien dan Doanh nghiep | 6:00 AM

Many experts suggested that the state should consider raising capital for state-owned commercial banks if they want these banks to maintain their leading position in the [...] » More

3 foreign banks in Vietnam injected capital

22-Mar-2019 Intellasia | Tri Thuc Tre | 6:00 AM

The State Bank of Vietnam (SBV) has just decided to approve the capital increase of three banks including Bank of China (Hong Kong) LimitedHCM City Branch, Korea Industrial [...] » More

Reference exchange rate down for second day

22-Mar-2019 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam adjusted the daily reference exchange rate down for the second day, setting the rate at 22,953 VND per USD on March 21, dropping 5 VND from March [...] » More

Brand strength: new weapon of banks

22-Mar-2019 Intellasia | Nhip song Kinh te | 6:00 AM

Brand value a form of intangible assets rarely interested by financial institutions in the past is developing rapidly. In the ranking for Top 500 banks with most valuable [...] » More

Catfish industry faces new rivals

22-Mar-2019 Intellasia | Vietnamnet | 6:00 AM

Vietnam’s catfish farmers have been warned of difficulties ahead as the country is no longer the only big catfish exporter. Catfish industry Vietnam’s catfish [...] » More

Thai Nguyen city allocates 100 million USD for urban development

22-Mar-2019 Intellasia | VNS | 6:00 AM

The northern province of Thai Nguyen is striving to develop Thai Nguyen city as a catalyst for its development, at the cost of 100 million USD, including 1.8 trillion VND [...] » More

Supporting Policies Needed for Vietnam Digital Economy Development

22-Mar-2019 Intellasia | VCCI News | 6:00 AM

The Vietnam government views digital transformation across the broader economy as critical to continued growth and prosperity. Its commitment is expressed in a number of [...] » More

EuroCham suggests ways for Vietnam to utilise EVFTA

22-Mar-2019 Intellasia | The Saigon Times | 6:00 AM

If the HCM City government continues investing in major infrastructure projects, embracing digitalisation and Smart City initiatives and streamlining its business [...] » More

Investment wave from EU on way

22-Mar-2019 Intellasia | VOV | 6:00 AM

Though the EU-Vietnam Free Trade Agreement may be signed and take effect later than originally scheduled, European investment will continue to flow into Vietnam. What else [...] » More

EuroCham places emphasis on traceability

22-Mar-2019 Intellasia | The Saigon Times | 6:00 AM

Given the current outbreak of African swine fever, a viral disease affecting only pigs, traceability should be further developed to increase quality and address issues of [...] » More

Transparency and accountability help to deter corruption

22-Mar-2019 Intellasia | VNS | 6:00 AM

Professor Tran Dinh Thien, former director of the Central Institute for Economic Management, talks to Thanh Nien (Young People) newspaper about the role transparency could [...] » More