Archive for February 8th, 2020

Vietnam finance ministry takes step to stabilise market sentiment

08-Feb-2020 Intellasia | HanoiTimes | 6:02 AM

Vietnam’s stock market over the last few days has gradually recovered and rebounded, said vice minister of Finance Vu Thi Mai. The Ministry of Finance (MoF) is taking [...]
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BIDV still faces certain difficulties despite having the largest assets in the system

08-Feb-2020 Intellasia | Vietnam Finance | 6:02 AM

Despite being the largest Vietnamese bank in terms of total assets with 1,490 trillion dong, the pre-tax profit of Commercial Joint Stock Bank for Investment and Development [...]
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The risks of banks’ profit growth

08-Feb-2020 Intellasia | Dien dan Doanh nghiep | 6:02 AM

Most banks have exceeded the profit targets set for 2019 and more and more banks have reached the profit of over tens of trillion dong. However, since most of banks’ [...]
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Prudential Vietnam offers extra insurance protection against coronavirus

08-Feb-2020 Intellasia | VNS | 6:02 AM

Prudential Vietnam is providing extra insurance protection for customers affected by the novel coronavirus with coverage of up to VND20 million (US$861.4) per case. The novel [...]
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Investors find it difficult to choose investment channels in 2020

08-Feb-2020 Intellasia | Dien dan Doanh nghiep | 6:02 AM

For a long time, the financial market had always been difficult to predict. And in 2020, finding a good and safe investment channel was a question that needed precise [...]
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Reference exchange rate kept unchanged on February 7

08-Feb-2020 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,201 VND/USD on February 7, unchanged from the previous day. With the current trading band of +/-3 [...]
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VPBank reduces interest rates by 1.5pct for businesses affected by the Corona pandemic

08-Feb-2020 Intellasia | Tri Thuc Tre | 6:02 AM

Commenting on businesses likely to be significantly affected by the acute respiratory infection pandemic caused by the new strain of Coronavirus and also responding to the [...]
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Vietnam gives import duty exemption for medical masks and materials

08-Feb-2020 Intellasia | VIR | 6:02 AM

Vietnam is considering giving an exemption from import duty for medical masks, materials for local mask production, and water disinfection to further efforts to prevent and [...]
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Vietnam not to cut GDP growth target despite epidemic

08-Feb-2020 Intellasia | VN Express | 6:02 AM

The government has decided not to lower the economic growth target despite the possible impacts of the new coronavirus epidemic. “The impact of the epidemic on economic [...]
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Shrimp exports expected to enjoy fruitful advantages throughout 2020

08-Feb-2020 Intellasia | VOV | 6:02 AM

Domestic shrimp firms are expected to enjoy a wealth of opportunities that will ease the export of their products to the EU, the United States, and Japan thanks to the [...]
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Lessons from solar: Rush to invest in wind power plants to get high tariffs could overload grid

08-Feb-2020 Intellasia | VNS | 6:02 AM

The rush to invest in wind energy to take advantage of the government’s pricing incentives could lead to overloading of the national grid in a repeat of the solar [...]
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Vietnam-China January trade plummets on new year holiday, virus

08-Feb-2020 Intellasia | TuoitreNews | 6:02 AM

Trade between Vietnam and China fell sharply in January due to the week-long Lunar New Year holiday and coronavirus epidemic that has led to transport and supply chain [...]
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Economic stimulus not under Vietnam government’s consideration now amid nCoV outbreak

08-Feb-2020 Intellasia | HanoiTimes | 6:02 AM

Despite the impacts of the outbreak on the local economy, the Vietnamese government would not revise down the growth target of 6.8 percent for this year. Vietnam is not [...]
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