Banking

Vietnamese Banks Warned About Capital Shortage Risk

Intellasia East Asia News Overdue debts, which are increasing rapidly during Covid-19, will adversely affect business ... Read more

Reference Exchange Rate Revised Down 2 VND On May 21

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,247 VND per USD on May... Read more

Credit Growth Forecast To Slow To 9-10pct In 2020

Intellasia East Asia News Credit growth would likely reach only 9-10 per cent this year against 13 per cent last year ... Read more

Two More Payment Intermediary Services Licensed In Vietnam

Intellasia East Asia News The State Bank of Vietnam (SBV) has issued licences to two non-banking organisations to prov... Read more

Bank Leaders And Their Sons On The Race To Buy Shares

Intellasia East Asia News A number of bank leaders and their relatives and major shareholders have signed up to buy st... Read more

Vietnamese Bank MSB Postpones IPO Due To COVID-19

Intellasia East Asia News Vietnam Maritime Commercial JSC (MSB) has decided to revoke its application for initial publ... Read more

Reference Exchange Rate Down 10 VND On May 20

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,249 VND per USD on May... Read more

Price Of Domestic Gold Takes Sharp Tumble After Hitting Peak

Intellasia East Asia News Domestic gold prices suffered a sharp fall on May 19 in line with the global declining trend... Read more

TPBank Targets A Separate Pre-tax Profit Of Over VND 4trillion In 2020

Intellasia East Asia News The Board of directors of Tien Phong Commercial Joint Stock Bank (TPBank) has submitted to t... Read more

SHB Offers The Highest Deposit Interest Rate

Intellasia East Asia News Saigon Hanoi Commercial Joint Stock Bank (SHB) is at the top of savings interest rate with t... Read more

Mobile Money To Boom In Vietnam

Intellasia East Asia News The government of Vietnam is moving ahead with a plan to put mobile money into use to reduce... Read more

Interbank Rates Fall Across The Terms

Intellasia East Asia News The weekly report of the centre for Economic Research of Maritime Commercial Joint Stock Ban... Read more

Moodys Reaffirms B1 Rating For SeABank In 2020

Intellasia East Asia News Moody’s has announced it would maintain the B1 long-term rating for Southeast Asia Commerc... Read more

Banks Put Into A Dilemma Because Of The Covid-19 Epidemic

Intellasia East Asia News As of March 20, the credit growth of the whole banking system reached only 0.68 percent comp... Read more

Gold Prices Soar In The Market

Intellasia East Asia News Domestic gold price soared to surpass VND49 million (US$2,100) per tael (1.2 ounce) this mor... Read more