Archive for April, 2019

Visa launches payments security roadmap for VN

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

Visa Vietnam announced on Thursday that everyone including accountholders, third party providers and merchants would be empowered to play an active role in securing payments. [...]
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Deposit rate reaches nearly 9pct per annum

02-Apr-2019 Intellasia | VnEconomy | 6:00 AM

In late 2018 and early 2019, some commercial banks implemented the issuances of certificate deposits with higher interest rates than normal savings rates, popular at eight [...]
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Insurance revenue up 17pct in Q1

02-Apr-2019 Intellasia | BizLIVE | 6:00 AM

Report of the general Statistical Office (GSO) showed that the insurance market in the first three quarters of 2019 maintained positive growth. The insurance revenue of the [...]
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Japanese corporation wants to participate in restructuring Construction Bank

02-Apr-2019 Intellasia | VnEconomy | 6:00 AM

The senior executive of the J Trust Group stated that J Trust had done its research and wanted to participate in the process of restructuring weak credit and banking [...]
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Banks hurry to restructure

02-Apr-2019 Intellasia | Dien dan Doanh nghiep | 6:00 AM

In the last three years of phase two ‘Restructuring the system of credit institutions (CIs) associated with handling bad debts’, the banking industry has been [...]
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Q1 credit growth reaches 1.9pct

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

Statistics of the general Statistical Office (GSO) showed that as of March 20th 2019, the total means of payment increased by 2.54 percent compared to the end of 2018 (up by [...]
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Reference exchange rate starts week going down

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

The daily reference exchange rate started the week from April 1 to 5 down 4 VND from the end of last week to 22,976 VND per USD. With the current trading band of +/- 3 [...]
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Vietnam boosts FDI growth to tackle economic slowdown

02-Apr-2019 Intellasia | Hanoi Times | 6:00 AM

To meet the country’s GDP target of 6.8 percent in 2019, the government has recently required the MPI to map out measures, including those related to FDI firms, to [...]
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Proposed soft drink tax remains controversial

02-Apr-2019 Intellasia | VOV | 6:00 AM

While the taxation agency insists on imposing a luxury tax on soft drinks, some experts warn that the move could lead to Vietnam being accused of discriminatory treatment. [...]
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Vietnam’s SOEs reform advances at a snail’s pace

02-Apr-2019 Intellasia | Hanoi Times | 6:00 AM

The slow progress of the divestment was mainly due to inefficient operations of targeted SOEs, while financial burdens from notorious loss-making projects of some major [...]
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Vietnam enjoys trade surplus with Israel

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

Two-way trade between Vietnam and Israel hit 131.29 million USD in the first two months of 2019, with Vietnam enjoying a trade surplus worth 77.47 million USD. According to [...]
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Power demand forecast on the rise in Vietnam

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

The demand for electricity in the country is forecast to rise by over 10 percent per year until 2020 and by 8 percent annually during the 2021-2030 period, according to Phan [...]
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HCM City’s GRDP grows 7.64pct in first quarter

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

HCM City recorded a gross regional domestic product (GRDP) growth rate of 7.64 percent in the first quarter of 2019, equivalent to the pace during same period last year. The [...]
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HCM City targets sustainable economic development

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

Businesses should aim for sustainable economic development by using environmentally friendly production and “green” financial sources, experts have recommended. [...]
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Vietnam’s economic growth impressive in Q1

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

Vietnam’s economic growth was impressive in the first quarter of this year in the context of a global slowdown, Nguyen Bich Lam, general director of the general [...]
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