Archive for November 16th, 2019

Stock market briefs

16-Nov-2019 Intellasia | The Saigon Times | 6:02 AM

FWD Group has confirmed its purchase of Vietcombank-Cardif Life Insurance, a joint venture between Vietcombank and BNP Paribas Cardif. The group and Vietcombank has entered [...] » More

Open-end funds expect stronger performances in 2020

16-Nov-2019 Intellasia | VNS | 6:02 AM

Open-end funds in Vietnam are looking forward to better performances in 2020 as more investors seek assistance from funds’ products and services. The number of [...] » More

Market closes flat

16-Nov-2019 Intellasia | The Saigon Times | 6:02 AM

Having ended the morning phase with a positive note, domestic stocks struggled in the afternoon session due to increasing selling pressure and closed today’s session [...] » More

NetDragon Published White Paper on Education Technology at BRICS Summit in Brazil

16-Nov-2019 Intellasia | 15-NOV-2019 ACN Newswire | NetDragon Websoft Holdings Limited | 6:02 AM

HONG KONG, Nov 15, 2019 – (ACN Newswire) – NetDragon Websoft Holdings Limited (“NetDragon” or “the Company”, Hong Kong Stock Code: 777), a [...] » More

Share the Vision: 10th Suprema Global Partner Program (SGPP) held in Lisbon

16-Nov-2019 Intellasia | 15-NOV-2019 ACN Newswire | Suprema | 6:02 AM

LISBON, Nov 15, 2019 – (ACN Newswire) – Suprema, a leading global provider of biometrics and security solutions, is hosting the 10th Suprema Global Partner [...] » More

Property firms outpace banks in bond issuance

16-Nov-2019 Intellasia | The Saigon Times | 6:02 AM

Real estate enterprises outpaced banks to issue the largest volume of corporate bonds last month, according to a newly released report by SSI Securities Corporation. [...] » More

State Bank warns of NPLs from transport projects

16-Nov-2019 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam (SBV) has said it would continue to direct credit institutions to strictly control credit in potentially-risky areas such as real estate and [...] » More

Banks urgently recover bad debts

16-Nov-2019 Intellasia | VnExpress | 6:02 AM

Recently, banks have been continuously promoting the handling of bad debts, even some banks issued several dozen property auction notices within a month. Sai Gon Thuong Tin [...] » More

The ‘gold mine’ of bancassurance exploited more strongly in 2020

16-Nov-2019 Intellasia | Dau tu Chung khoan | 6:02 AM

It was estimated that the bank currently had a net profit of about 70 percent from bancassurance, and revenue from this channel also accounted for an increasing proportion of [...] » More

Interest rates difficult to fall in the end of the year

16-Nov-2019 Intellasia | VnEconomy | 6:02 AM

Although many banks have begun to lower deposit rates since early November, experts say that it is not enough to create a wave at the end of the year. Last week, the Thai [...] » More

Reference exchange rate down 1 VND on November 15

16-Nov-2019 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,144 VND per USD on November 15, down 1 VND from the previous day (November 14). With the current [...] » More

Interest rate rises every day; real estate attracts substantial bond capital

16-Nov-2019 Intellasia | VnEconomy | 6:02 AM

The Hanoi Stock Exchange (HNX) had just released a summary report on corporate bond issuance on HNX in October. Accordingly, the total value of corporate bonds registered to [...] » More

Korean banks race to expand in Vietnam

16-Nov-2019 Intellasia | Nhip cau Dau tu | 6:02 AM

Korea’s leading banks are increasing their presence in Vietnam, an underserved market, but becoming an alternative source of future growth for them in the context of [...] » More

Many banks still struggle with forex trading despite favourable foreign exchange developments

16-Nov-2019 Intellasia | Vietnam Finance | 6:02 AM

The favourable exchange rate developments helped the total net profit from foreign exchange trading of 28 banks grow strongly in the first nine months of this year. However, [...] » More

Vietnam’s trade surplus expands to $9.01 billion in Jan-Oct

16-Nov-2019 Intellasia | HanoiTimes | 6:02 AM

The FDI sector posted exports of $149.83 billion in the January October period, up 4.8 percent or $6.93 billion year-on-year, accounting for 68.5 percent of Vietnam’s [...] » More