Economy


Vietnam Sees Surge In Popularity Of Contactless Payments

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Intellasia East Asia News The popularity of contactless payments has rocketed in Vietnam over the last few years, with... Read more

Vietcombank Plans To Raise Charter Capital Via Share Issuance

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Intellasia East Asia News The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) plans to increase... Read more

Viet Duc Hospital To Go Cashless

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Intellasia East Asia News Viet Duc Hospital and MoMo e-wallet have signed a strategic cooperation agreement to deploy ... Read more

BVSC: Interest Rates In Market 2 To Soon Decline

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Intellasia East Asia News According to the monetary market report for the week of June 8th 11th of Bao Viet Securities... Read more

Eximbank About To Liquidate 75m Sacombank Shares To Settle Debts

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Intellasia East Asia News According to a document submitted to the Annual general Meeting of Shareholders at the end o... Read more

Vietnamese Banking System Sees Big Changes

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Intellasia East Asia News Private banks that can satisfy the requirements on capital adequacy ratio (CAR) now have gre... Read more

No Business Can Access The Credit Package Of 16tr Dong

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Intellasia East Asia News Nguyen Quoc Hung, director of Credit Department of Economic sectors (the State Bank of Vietn... Read more

Banks Urgently Strengthen Safety Net

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Intellasia East Asia News In the annual general meeting (AGM) season of the banking industry this year, most banks pro... Read more

Over 6.4 Trillion VND Raised Through June 17 G-bond Auction

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Intellasia East Asia News An auction of government bonds on the Hanoi Stock Exchange (HNX) on June 17 raised 6.414 tri... Read more

More Banks Increasingly Vulnerable If Pandemic Lasts Long

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Intellasia East Asia News The current turmoil was not caused by a surplus of capital in the financial sector like the ... Read more

Banks Benefit From Issuing ESOP Share

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Intellasia East Asia News Very few public investors had sufficient grounds to evaluate and fully understand the advant... Read more

Lively Evolution Continues Through Foreign Consumer Finance Presence

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Intellasia East Asia News Despite some legal concerns, international firms are ramping up their presence to reap the b... Read more

Lender ACB To Issue Bonus Shares At The Rate Of 30 Per Cent

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Intellasia East Asia News Asia Commercial Joint Stock Bank (ACB) plans to pay a 30 per cent share dividend for 2020 to... Read more

Banks Have Redundant Capital

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Intellasia East Asia News According to updated data at the preliminary meeting of the banking industry in the first ha... Read more

Many Banks Pay Huge Dividends

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Intellasia East Asia News At the request of the State Bank of Vietnam (SBV), banks would not pay dividends in cash thi... Read more

National Assembly Agrees To Ban Debt Collection Services

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Intellasia East Asia News With some 95 percent of delegates voting yes, the National Assembly passed the amended Law o... Read more

Reference Exchange Rate Down 1 VND On June 18

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Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,239 VND per USD on Jun... Read more

Firms With Greenback Loans See More Positive Outlook In Q2 2020

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Intellasia East Asia News Firms with US dollar-denominated debts estimate to regain significantly in the second quarte... Read more

Vietjet To Establish E-wallet Business

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Intellasia East Asia News The board of local low-cost carrier Vietjet has approved the establishment of an e-wallet su... Read more

Reference Exchange Rate Down 9 VND On June 17

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Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,240 VND per USD on Jun... Read more