Archive for August 21st, 2020

Deposits of businesses at banks increase strongly

21-Aug-2020 Intellasia | Tri Thuc Tre | 6:02 AM

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PNJ donates medical, essential goods to support central region Covid-19 fight

21-Aug-2020 Intellasia | VNS | 6:02 AM

Phu Nhuan Jewellery Joint Stock Company has gifted nearly VND850 million (US$36,600) worth of medical items such as masks, gloves, protective suits, disinfectants, essential [...] » More

Risk and thirst abound in bond market

21-Aug-2020 Intellasia | VIR | 6:02 AM

Both local and overseas companies have ventured back into the bond market to cash in on low interest rates, but Vietnamese authorities are cautioning investors. HSBC Vietnam [...] » More

Reference exchange rate revised down by 4 VND

21-Aug-2020 Intellasia | VNA | 6:02 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,200 VND per USD on August 20, down 4 VND from the previous day. With the current trading band of +/-3 [...] » More

Mobile Money a turning point for national digital transformation

21-Aug-2020 Intellasia | VNS | 6:02 AM

Prime minister Nguyen Xuan Phuc has given the go-ahead for a pilot application of Mobile Money, which allows the use of mobile phone accounts to pay for small-value goods and [...] » More

The insurance industry finds the new normality from the heart of the storm

21-Aug-2020 Intellasia | Nhip song Kinh te | 6:02 AM

‘New normality’ was defined by many experts as a state of movement, continuous improvement in all fields, such as education, health, transportation, and so on. [...] » More

H1 outstanding loans fall in some sectors

21-Aug-2020 Intellasia | Dau tu Chung khoan | 6:02 AM

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Banks make headlines in the corporate bond market

21-Aug-2020 Intellasia | Dien dan Doanh nghiep | 6:02 AM

Enterprises issued 171.5 trillion dong of bonds totalled in the first six months of 2020, increasing by 61.3 percent year-on-year, outstripping the 37%-growth-rate of 2019. [...] » More

SSI Research: interest rates can be reduced by 20-70 basis points

21-Aug-2020 Intellasia | NDH | 6:02 AM

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Central bank grants licence for payment intermediary services provider 9Pay

21-Aug-2020 Intellasia | VNS | 6:02 AM

The State Bank of Vietnam has licensed 9Pay Joint Stock Company to provide payment intermediary services. Under the licence, 9Pay can provide electronic payment gateway, [...] » More

Hanoi targets SMEs’ contribution at 45pct of GRDP by 2025

21-Aug-2020 Intellasia | Hanoi Times | 6:02 AM

Hanoi eyes 10 percent annual growth of business creation, or 30,000 per year, while the SMEs would create 150,000 new jobs annually during the next five years. Hanoi expects [...] » More

Ministry issues guidelines for efficient energy use

21-Aug-2020 Intellasia | VNA | 6:02 AM

The Ministry of Industry and Trade (MoIT) has issued guidelines for the planning of efficient energy use from 2020 to 2025 at the city and provincial level. The guidelines, [...] » More

Consumers to negotiate electricity prices in 5 years, when monopoly is removed

21-Aug-2020 Intellasia | Vietnamnet | 6:02 AM

When the competitive electricity retail market takes shape, EVN will no longer be the only retailer and people will be able to choose their retailer and negotiate prices. The [...] » More

Vietnam-India: New partnership in supply chain

21-Aug-2020 Intellasia | Hanoi Times | 6:02 AM

Covid-19 has navigated the restructure in the global supply chains and initiated new opportunities for the partnership, and Vietnam and India are no exception. The global [...] » More

China suspends mango imports over counterfeit issue

21-Aug-2020 Intellasia | The Saigon Times | 6:02 AM

As counterfeiters were faking the origin traceability codes of Cao Lanh mangoes grown in the Mekong Delta province of Dong Thap, China has decided to suspend imports of the [...] » More