Archive for October 1st, 2021

Vietnam to lower lending interests via cash influx

01-Oct-2021 Intellasia | Vnexpress | 5:02 AM

The central bank is set to issue VND3 trillion ($131.65 million) to banks so that they could lower their interest of VND100 trillion worth of loans to boost economic [...] » More

Reference exchange rate continue upward trend

01-Oct-2021 Intellasia | VNA | 5:02 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,162 VND/USD on September 30, up 7 VND from the previous day. With the current trading band of +/ 3 [...] » More

Pandemic-hit businesses need preferential loans, more support..

01-Oct-2021 Intellasia | Vietnamnet | 5:02 AM

More than 85,500 businesses, mostly small and medium enterprises (SMEs), have suspended operations or were dissolved in the first eight months of the year because of [...] » More

Bad debts remain a concern

01-Oct-2021 Intellasia | Dau tu Chung khoan | 5:02 AM

Bank shares did not increase and even fall throughout the third quarter (Q3) of 2021. The information about banking activities seems to be worse than reality. Negative news [...] » More

VIB, Microsoft team up to to boost service speed and innovation

01-Oct-2021 Intellasia | VNS | 5:02 AM

The Vietnam International Bank (VIB) and Microsoft Vietnam has announced a three-year strategic partnership to leverage Microsoft Azure as the preferred cloud platform to [...] » More

BaoViet’s market share falls by 6pct. in 5 years

01-Oct-2021 Intellasia | NDH | 5:02 AM

In the update report on the insurance industry, the securities company of Commercial Joint Stock Bank for Investment and Development of Vietnam (BSC) mentioned six leading [...] » More

SBV orders strict control on real estate credit

01-Oct-2021 Intellasia | SGGP News | 5:02 AM

The State Bank of Vietnam (SBV) has recently requested credit institutions and foreign bank branches to strictly control the growth rate of credit outstanding balance and the [...] » More

Contour joins forces with Tinhvan to boost trade finance digitisation in Vietnam

01-Oct-2021 Intellasia | VIR | 5:02 AM

Digital trade finance network Contour has entered into a partnership with its first systems integrator in Vietnam, Tinhvan Technologies, to drive the digitalisation of trade [...] » More

Private airlines ask for zero-interest loans

01-Oct-2021 Intellasia | VNS | 5:02 AM

Private airlines have requested access to 0 per cent interest loans, similar to the support Vietnam Airlines (VNA) the country’s flag carrier is entitled to, heard a [...] » More

Vaccine rollout critical for recovery

01-Oct-2021 Intellasia | VIR | 5:02 AM

The slowdown in the economic recovery has earned Vietnam lower-than-expected growth forecasts from some high-profile international organisations but one of the key solutions [...] » More

Vietnam’s tuna exports drop sharply in August

01-Oct-2021 Intellasia | VNA | 5:02 AM

Vietnam earned nearly 49.4 million USD from tuna exports in August, a fall of 19 percent year-on-year, according to the general Department of Vietnam Customs. The [...] » More

CPI growth in Jan-September lowest for five years

01-Oct-2021 Intellasia | The Saigon Times | 5:02 AM

Vietnam’s consumer price index (CPI) from January to September inched up 1.82 percent year-on-year, the lowest level for the same period since 2016, according to the [...] » More

Amendment of IP law ensures compatibility with international commitments: legislators

01-Oct-2021 Intellasia | VNA | 5:02 AM

The National Assembly (NA)’s Committee for Legal Affairs on September 29 reviewed the Law amending and supplementing a number of articles of the Intellectual Property [...] » More

China represents Vietnam’s largest importer over nine months

01-Oct-2021 Intellasia | VOV | 5:02 AM

China has represented Vietnam’s largest importer over the past nine months, spending $81.3 billion on imports, marking an increase of 41.1 percent year-on-year, [...] » More

Vietnam’s third quarter GDP down 6.7 per cent: lowest quarterly decline since 2000

01-Oct-2021 Intellasia | VNS | 5:02 AM

Vietnam witnessed a steep decline in gross domestic product (GDP) of 6.7 per cent in the third quarter of this year, the General Statistical Office said on Wednesday. This is [...] » More