Archive for October 2nd, 2021

Sixteen banks reduce lending interest rates by more than VND8.86 trillion

02-Oct-2021 Intellasia | SGGP News | 6:37 AM

Four State-owned commercial banks continue to commit to sparing a support package of VND4 trillion to cut interest rates and all banking service fees for customers in [...] » More

Reference exchange rate down 2 VND on October 1

02-Oct-2021 Intellasia | VNA | 6:37 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,160 VND/USD on October 1, down 2 VND from the previous day. With the current trading band of +/ 3 [...] » More

High credit growth shows signs of Hanoi economic recovery

02-Oct-2021 Intellasia | Hanoi Times | 6:37 AM

During the January-September period, banks and credit institutions in Hanoi have restructured the payment schedule of debt worth VND75 trillion ($3.3 billion) for 57,700 [...] » More

Q3 insurance premium revenue increases by 7pct.

02-Oct-2021 Intellasia | Dau tu Chung khoan | 6:37 AM

According to the recently announced data of the general Statistical Office, the insurance premium revenue in the third quarter (Q3) of 2021 is estimated to increase by seven [...] » More

More fintech partnerships established to ride digital baking wave

02-Oct-2021 Intellasia | VIR | 6:37 AM

As digital banking will become the new norm, more fintech partnerships have been formed to catch up with this trend in Vietnam. Digital bank CIMB has teamed up with [...] » More

Racing to increase capital, banks’ positions shuffle

02-Oct-2021 Intellasia | Bao Dau tu | 6:37 AM

Ambitious capital raising plans, which are about to be completed, will dramatically change the rankings of banks’ charter capital. State-owned banks maintain leading [...] » More

Q3 2021 bank profits forecast to decline by 19 per cent due to pandemic

02-Oct-2021 Intellasia | VNS | 6:37 AM

Profits of the banking industry in the third quarter of 2021 would decrease by 19 per cent compared to the previous quarter due to slowing credit growth and increasing [...] » More

Vietnam considers ODA important capital source: deputy PM

02-Oct-2021 Intellasia | VNA | 6:37 AM

The Vietnamese government continues to consider official development assistance (ODA) as an important capital source and allocate part of it for socio-economic development in [...] » More

Vietnam to reopen the economy: It’s time

02-Oct-2021 Intellasia | Hanoi Times | 6:37 AM

“Many won’t die from the disease but being unable to make a living,” Vu Van Tien, President of Geleximco Group gave his view at a meeting with the [...] » More

State budget sees over VND58 trillion surplus in nine months

02-Oct-2021 Intellasia | Nhandan | 6:37 AM

The State budget saw a surplus of over VND58 trillion in the first nine months of this year, a decrease of about VND24 trillion over the first eight months of this year, [...] » More

Vietnam, Egypt seek to promote post-COVID-19 trade exchange

02-Oct-2021 Intellasia | VOV | 6:37 AM

Stepping up cooperation in industrial products and potential sectors between Vietnam and Egypt took centre stage at a trade promotion seminar held recently by the Vietnam [...] » More

Opportunities for Vietnamese agricultural products in Thailand

02-Oct-2021 Intellasia | Nhandan | 6:37 AM

Despite being a powerhouse in exporting agricultural products, Thailand also has huge demand for imported fresh fruit and vegetables. There is an opportunity for Vietnamese [...] » More

Pangasius exports rise despite COVID-19 impact

02-Oct-2021 Intellasia | VOV | 6:37 AM

Vietnam exported Tra (Pangasius) fish products to 139 countries and territories worldwide during the opening eight months of the year, earning $994.2 million, up 8.8 percent [...] » More

Vietnam power plan drives away offshore wind power

02-Oct-2021 Intellasia | Hanoi Times | 6:37 AM

Vietnam is urged to have an offshore wind roadmap to convince investors that this kind of energy has a central role to play in the years to come. About 2,000 megawatts ( MW) [...] » More

Wide room for Vietnamese agricultural products to be exported to UK

02-Oct-2021 Intellasia | VNA | 6:37 AM

Vietnam has great opportunities to export rice, fruits and other agricultural products to the UK, one of the world’s 10 largest markets with an annual food import [...] » More