Archive for May 15th, 2019

Most Vietnamese still prefer cash payment

15-May-2019 Intellasia | Nguoi Lao Dong | 6:00 AM

Although electronic payment channels are growing strongly, cash still dominates in Asean region, especially in Vietnam. This is the information given in the report [...]
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Banks compete for online savings services

15-May-2019 Intellasia | Dau tu Chung khoan | 6:00 AM

Young people are getting less interested in going to the banks’ transaction counters as they receive salaries and incomes through their bank accounts. The extra money [...]
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Insurance stocks see gloomy movements

15-May-2019 Intellasia | VTC | 6:00 AM

Insurance is considered a potential industry, but the stocks of this industry have recently undergone a fairly gloomy time. Similar to securities and banking, insurance [...]
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Vietnam central bank tightens credit growth of consumer finance companies

15-May-2019 Intellasia | Hanoi Times | 6:00 AM

The State Bank of Vietnam (SBV) does not only control credit growth among commercial banks, but also starts to tighten credit growth of consumer finance companies, according [...]
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‘Migration’ season of bank staff: Which bank has the highest income?

15-May-2019 Intellasia | VnEconomy | 6:00 AM

During the first quarter of the 2019 including Tet holiday, the personnel were quite volatile because it was the high time for employees to change their job. In the last [...]
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Bank stocks wait for foreign capital leverage

15-May-2019 Intellasia | Vietnam Finance | 6:00 AM

The VN Index has had a great correlation with foreign cash flow movements over the years, so that a leading financial data expert had to admit that “Whenever foreign [...]
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Should the state spend money to raise capital in state-owned banks?

15-May-2019 Intellasia | Vietnamnet | 6:00 AM

Experts can see high risks in using money from the state budget to increase the charter capital of state-owned banks. The State Bank of Vietnam (SBV), in its additional [...]
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Reference exchange rate up by 7 VND on May 14

15-May-2019 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,054 VND/USD on the morning of May 14, up by 7 VND from the day earlier. With the current trading band of [...]
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Transaction limits for e-wallets should be appropriate: experts

15-May-2019 Intellasia | VNS | 6:00 AM

Transaction limits for e-wallets should be set at appropriate levels to encourage cashless payment amidst an anticipated boom of e-commerce in Vietnam, experts have said. [...]
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City proposal to slap luxury tax on mobile phones raises hackles

15-May-2019 Intellasia | VOV | 6:00 AM

HCM City’s proposal to impose special consumption tax on mobile phones has drawn protests from experts, who said they are not a luxury product. Dr Nguyen Thanh Binh of [...]
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Vietnam Pepper Association not hopeful of global price recovery

15-May-2019 Intellasia | VNS | 6:00 AM

With supply remaining higher than demand in the global market, pepper prices are unlikely to recover this year, according to the Vietnam Pepper Association. Speaking at a [...]
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Vietnam eyes sustainable mariculture development

15-May-2019 Intellasia | VNA | 6:00 AM

The Ministry of Agriculture and Rural Development is making a strategy on mariculture development until 2030 with a vision to 2050 to submit to prime minister Nguyen Xuan [...]
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HCM City to stabilise market prices

15-May-2019 Intellasia | VNA | 6:00 AM

HCM City’s Department of Industry and Trade has pledged to help businesses stabilise market prices following hikes in gasoline and electricity prices. The price of [...]
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Fuel price stabilisation fund proposed to be disbanded

15-May-2019 Intellasia | The Saigon Times | 6:00 AM

The Vietnam Petroleum Association (VINPA) has written to the government proposing disbanding the fuel price stabilisation fund as it brings no benefits for either consumers [...]
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Vietnam warned against being too eager for Chinese capital

15-May-2019 Intellasia | Vietnamnet | 6:00 AM

Welcoming foreign investments, economists have once again warned about the negative impact that Chinese investments have had on Vietnam’s economy. The concern about [...]
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