Archive for September 18th, 2019

Regulating interest rate fall has minor impact on the market rates.

18-Sep-2019 Intellasia | Dien dan Doanh nghiep | 6:02 AM

According to banking experts, the recent move of lowering regulating rates by the State Bank of Vietnam (SBV) did not have much impact on the market interest rate because [...]
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Reference exchange rate up on September 17

18-Sep-2019 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,135 VND per USD on September 17, up 5 VND from the previous day (September 16). With the current [...]
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Who are the buyers of bank bonds?

18-Sep-2019 Intellasia | Vietnamnet | 6:02 AM

Forty percent of bonds issued by banks are bought by securities companies, but analysts believe that the real bond holders are commercial banks. According to SSI, in the [...]
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Foreign capital into banks: the tough race

18-Sep-2019 Intellasia | Hai Quan | 6:02 AM

In the finance and banking field, it is not difficult to recognise that recently foreign capital has been poured actively into Vietnamese banks. However, the fact that [...]
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State domestic revenue reaches 34.8 billion USD in eight months

18-Sep-2019 Intellasia | VNA | 6:02 AM

The State budget’s domestic revenue in the first eight months of 2019 is estimated at 808.8 trillion VND (34.8 billion USD), according to the Ministry of Finance. The [...]
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Despite US exports rise, VN is urged to tighten origin rules to avoid investigations

18-Sep-2019 Intellasia | VNS | 6:02 AM

Some Vietnamese exports have been investigated for origin fraud and tax evasion, which requires tougher action from the Vietnamese government to settle the problem and keep [...]
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VSA opposes hike in import duties on HRC steel

18-Sep-2019 Intellasia | The Saigon Times | 6:02 AM

The Vietnam Steel Association (VSA) has objected to a proposal to hike the Most Favoured Nations import duties on hot-rolled coil (HRC) steel from 0 percent to 5 percent. The [...]
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Vietnam’s coffee exports plummet in eight months

18-Sep-2019 Intellasia | VNA | 6:02 AM

Although ranking second in the world, Vietnam’s coffee exports are plummeting. The price of Vietnamese coffee exports is also much lower than the same type of coffee [...]
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Vietnam’s textile export value up almost 7pct in eight months

18-Sep-2019 Intellasia | VNS | 6:02 AM

Vietnam Textile and Apparel Association (Vitas) said the total export value of textiles, fiber, and cloth reached $25.7 billion in the first 8 months of the year, up 8.6 per [...]
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Lang Son strives to lure nearly 80 trillion VND in investment

18-Sep-2019 Intellasia | VNA | 6:02 AM

The People’s Committee of the northern border province of Lang Son plans to sign memoranda of understanding on more than 100 projects worth nearly 80 trillion VND (3.47 [...]
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As coal and water sources decline, Vietnam thinks of nuclear power again

18-Sep-2019 Intellasia | VOV | 6:02 AM

Solar power is booming in Vietnam, but the output is not high enough to satisfy domestic demand. According to Vo Quang Lam, deputy CEO of EVN, the total designed capacity of [...]
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