Archive for November 30th, 2019

Steep bluechip falls strike main index

30-Nov-2019 Intellasia | The SaigonTimes | 6:02 AM

Despite strong bottom fishing just ahead of the close of the session today, November 28, the VN Index plunged by 7.78 points, triggered by the steep declines of bluechip [...] » More

Stock market briefs

30-Nov-2019 Intellasia | The SaigonTimes | 6:02 AM

Kienlongbank will launch a credit package worth VND600 billion between December 2 this year and February 29, 2020 to meet loan demand for business, shopping, and home repairs [...] » More

Reference exchange rate up 4 VND on November 29

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

The State Bank of Vietnam set the daily reference exchange rate at 23,162 VND/USD on November 29, up 4 VND from the previous day. With the current trading band of +/-3 [...] » More

Will credit accelerate in the end of the year when interest rates are cut?

30-Nov-2019 Intellasia | InfoMoney | 6:02 AM

The end of the year business season is in the peak months. This is also an opportunity for banks to boost capital lending, although credit growth room remains one of the [...] » More

Real estate bad debts raise concerns

30-Nov-2019 Intellasia | Dien dan Doanh nghiep | 6:02 AM

Credit outstanding of real estate increased unexpectedly while the State Bank of Vietnam (SBV) has taken control measures, leading to concerns that real estate bad debts [...] » More

Data governance key to promote growth in Vietnam’s banking sector

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

For banks in Vietnam, data governance is an important step to realise the vision of becoming a leading data-driven bank, said a PwC expert. Vietnam’s banking industry [...] » More

With age, fintech customers in Vietnam request higher amounts of financing

30-Nov-2019 Intellasia | Robocash Group | 6:02 AM

The older customers become, the more financing they request when applying to fintech services. These are the findings of the financial holding Robocash Group based on the [...] » More

Banks warned of risks of accepting land as collateral

30-Nov-2019 Intellasia | The SaigonTimes | 6:02 AM

The State Bank of Vietnam (SBV) has warned commercial banks of the risks associated with accepting land-use rights certificates as collateral for loans. According to the [...] » More

The power comes from banks and fintech combination

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

The cooperation between banks and financial technology (fintech) was fundamentally changing the way the financial sector operates. Without fintech, the Mobile Banking of [...] » More

Sacombank double winner at 2019 Vietnam Outstanding Banking Awards

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

Sacombank has won Vietnam Outstanding Banking Awards for 2019 in the Outstanding Retail Banking and Outstanding E-banking categories. This is the second straight year it won [...] » More

Awards honour standout Vietnamese banks

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

A ceremony for the Vietnam Outstanding Banking Awards 2019 was held in HCM City on November 27 by the Vietnam Banks Association and the International Data Group (IDG). Held [...] » More

Sun Life Vietnam and TPBank signs exclusive bancassurance deal

30-Nov-2019 Intellasia | VN Express | 6:02 AM

Sun Life Vietnam and TPBank announced a 15-year exclusive bancassurance partnership in Vietnam. The agreement combines Tien Phong Commercial Bank’s (TPBank) [...] » More

National Assembly deputies give voice as law on PPP takes shape

30-Nov-2019 Intellasia | VIR | 6:02 AM

The National Assembly (NA) officially put a minimum revenue guarantee in the draft Law on Public-Private Partnerships (PPP) up for discussion at the hall last week, marking [...] » More

HCM City to collect infrastructure fees at seaports

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

The Customs Bureau of HCM City has proposed that city authorities collect infrastructure fees at seaports to increase revenue for the city. During a recent meeting with the [...] » More

Policies needed for Vietnam’s automobile support industry

30-Nov-2019 Intellasia | VN Economic Times | 6:02 AM

Vietnam Supporting Industries Forum 2019 held on November 28 in Hanoi. Deputy minister of Industry and Trade Do Thang Hai emphasized that the prerequisite for developing the [...] » More