Archive for August 6th, 2019

Tänak and the Toyota Yaris WRC Score Another Finland Win

06-Aug-2019 Intellasia | 05-AUG-2019 ACN Newswire | Toyota Motor Corporation | 6:02 AM

Rally Finland: Day 4 Toyota City, Japan, Aug 5, 2019 – (JCN Newswire) – For the third year in a row, the Toyota Yaris WRC has won the fastest event on the FIA [...] » More

Real estate firms switch to bonds due to less bank loans

06-Aug-2019 Intellasia | VNA | 6:02 AM

Bond issuance is becoming an ideal channel for real estate firms to raise capital as credit policies for property development are gradually being tightened, experts said. [...] » More

Banking HR management benefits from digitalisation

06-Aug-2019 Intellasia | VN Economic Times | 6:02 AM

The digitalisation of human resources management is also being given greater attention at local and foreign banks. Global HSBC conducted “Project True North” in [...] » More

Fintech putting pressure on banks

06-Aug-2019 Intellasia | VN Economic Times | 6:02 AM

According to Asia-Pacific-focused consultants Solidiance, Vietnam’s fintech market was worth $4.4 billion in 2017 and is predicted to reach $7.8 billion by 2020, for a [...] » More

Good short-term effects for Vietnam after Fed’s rate cut

06-Aug-2019 Intellasia | VNS | 6:02 AM

The US Federal Reserve’s latest rate cut will benefit commodity and equity markets in the short term, according to specialist Nguyen Tri Hieu. The US central bank on [...] » More

Cautions needed for the ‘boom’ of corporate bonds

06-Aug-2019 Intellasia | BizLIVE | 6:02 AM

After 20 years of waiting, the corporate bond market in 2018 and 2019 have been growing impressively. In the first six months of 2019 alone, businesses issued 89 trillion [...] » More

Gold, dollar drop while stocks climb after Fed cuts interest rate

06-Aug-2019 Intellasia | SGGP News | 6:02 AM

The price of gold in Vietnam fell by nearly VND500,000 per tael (1.2 ounces) on August 1 as global gold price plummeted after the US Federal Reserve decided to cut interest [...] » More

‘Bond interest rate of 12pct in real estate sector is not worrisome’

06-Aug-2019 Intellasia | BizLIVE | 6:02 AM

Bond interest rates of real estate businesses in the first seven months of 2019 were above ten percent and mainly at 12 percent, deputy minister of Finance Vu Thi Mai said, [...] » More

3 big banks record bad debts of over 40 trillion dong

06-Aug-2019 Intellasia | Tri Thuc Tre | 6:02 AM

At three big banks including Commercial Joint Stock Bank for Investment and Development of Vietnam (BIDV), Commercial Joint Stock Bank for Foreign Trade of Vietnam [...] » More

Ministry of Construction urges strengthening of anti-money laundering in realty

06-Aug-2019 Intellasia | VNS | 6:02 AM

The Ministry of Construction has recently requested its department in cities and provinces urge enterprises in the real estate sector to report suspicious transactions and [...] » More

Blockchain a new economic infrastructure for banking and finance

06-Aug-2019 Intellasia | VNS | 6:02 AM

In the context of the Fourth Industrial Revolution, blockchain is increasingly known as a technology with great potential applications around the world as well as in Vietnam. [...] » More

Cashless payments making steady inroads

06-Aug-2019 Intellasia | Vietnamnet | 6:02 AM

Attempts to date to move the population away from their preference for cash need to be continually built upon. Summer really heated up in June, with a host of great deals [...] » More

Gold market demand quiet despite recent strong gains

06-Aug-2019 Intellasia | VNS | 6:02 AM

Gold prices on global markets have made strong gains in the past two months, but investors with short-term appetite seem uninterested in gold. Gold futures for the first time [...] » More

Mobile payments reshaping banking

06-Aug-2019 Intellasia | VN Economic Times | 6:02 AM

Vietnam is experiencing a boom in mobile payments as more and more e-wallet providers have aggressively joined the market. The recent entry of GrabPay and ViettelPay into [...] » More

Reference exchange rate reaches highest ever level on August 5

06-Aug-2019 Intellasia | VNA | 6:02 AM

The daily reference exchange rate was set at 23,100 VND per USD on August 5, the highest level so far, up 10 VND from the last working of previous week (August 2). With the [...] » More