Archive for April 13th, 2019

Seafood stocks buoy investor sentiment

13-Apr-2019 Intellasia | The Saigon Times | 6:00 AM

Seafood stocks pushed up investor sentiment today despite a small number of shares changing hands. The fact that local shrimp exporters may be exempted from US antidumping [...]
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VN stocks rebound on business news

13-Apr-2019 Intellasia | VNS | 6:00 AM

Vietnamese shares advanced slightly on Thursday amid lower trading liquidity as investors were drawn to companies with new information. The benchmark VN Index on the Ho Chi [...]
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ACROMEC’s Core Business Adds S$6.75 Million Contract to Order Book

13-Apr-2019 Intellasia | 12-APR-2019 ACN Newswire | ACROMEC Limited | 6:00 AM

- Wholly-owned subsidiary ACROMEC Engineers awarded contract by an established private laboratory service provider in Singapore – ACROMEC&aposs order book now [...]
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Dongfeng Honda Celebrates Completion of Construction of its Third Auto Plant in Wuhan, Hubei Province

13-Apr-2019 Intellasia | 12-APR-2019 ACN Newswire | Honda | 6:00 AM

TOKYO, Apr 12, 2019 – (JCN Newswire) – Dongfeng Honda Automobile Co., Ltd., a Honda automobile production and sales joint venture in China, today held an opening [...]
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NutraLife Biosciences, Inc. enters Joint Venture with Henning Trading LLC to Cultivate and Process Hemp for 2019 U.S. Grow Season

13-Apr-2019 Intellasia | 12-APR-2019 ACN Newswire | NutraLife Biosciences, Inc. | 6:00 AM

Coconut Creek, FL, Apr 12, 2019 – (ACN Newswire) – via NewMediaWire — NutraLife Biosciences, Inc. announces that its wholly-owned subsidiary, PhytoChem [...]
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Urban Mobility Gets More Exciting with New Vehicles from NIU

13-Apr-2019 Intellasia | 12-APR-2019 ACN Newswire | 6:00 AM

- NIU e-Scooter Models U+ and US Available Today – U Models Blend Style and Performance with Standards Compliance – Launches Lifestyle Brand NIU AERO Sports [...]
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NetDragon Wins the Second “New Fortune Best IR of Hong Kong Listed Company” Award

13-Apr-2019 Intellasia | 12-APR-2019 ACN Newswire | NetDragon Websoft Holdings Limited | 6:00 AM

HONG KONG, Apr 12, 2019 – (ACN Newswire) – NetDragon Websoft Holdings Limited (“NetDragon” or “the Company”) (Hong Kong Stock Code: 777), [...]
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Interest rate increases at the end of the first quarter, the SBV pumps more money to cool down

13-Apr-2019 Intellasia | Dau Tu Chung Khoan | 6:00 AM

Since the end of March 2019, the State Bank of Vietnam (SBV) has just pumped money into the market partly to compensate for the lack of liquidity in the market that lead [...]
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Experts warn about limiting finance companies lending in cash

13-Apr-2019 Intellasia | Enternews | 6:00 AM

Many experts warn that limiting lending in cash by finance companies can negatively impact the consumer finance market and create opportunities for black credit to rise. In [...]
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Tighten foreign currency lending to combat ‘dollarisation’

13-Apr-2019 Intellasia | Saigon Dau Tu | 6:00 AM

From 31st March, credit institutions will stop lending short-term loans in foreign currencies to pay for imports in order to produce goods and services for domestic demand. [...]
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Banks forecast further improvements

13-Apr-2019 Intellasia | VNS | 6:00 AM

A majority of credit institutions in the country said their business performance in the first quarter of 2019 was better than the same period last year, according to the [...]
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Vietcombank proposes to increase its capital to 57.2tr by 2020

13-Apr-2019 Intellasia | Tri Thuc Tre | 6:00 AM

The bank’s current charter capital is over 37 trillion. According to Nghiem Xuan Thanh, despite successful private placement for foreign investors with a total value of [...]
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Reference exchange rate up 5 VND on April 12

13-Apr-2019 Intellasia | VNA | 6:00 AM

The daily reference exchange rate was set at 22,996 VND/USD on April 12, up 5 VND from the previous day. With the current trading band of +/- 3 percent, the ceiling rate [...]
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Banks accumulate capital

13-Apr-2019 Intellasia | Bao Dau Thau | 6:00 AM

Credit growth is low while deposit rates are still on the rise. This shows that commercial banks tend to “save” capital for business activities in the following [...]
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20 banks and VAMC to be audited for bad debts performance

13-Apr-2019 Intellasia | VIR | 6:00 AM

The State Audit Office of Vietnam (SAV) will audit the accounts of Vietinbank, BIDV, VAMC, and 18 other joint-stock commercial banks for their performance in resolving bad [...]
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