Economy


Interbank Rates Fall Sharply

Banking - Published date: .

Intellasia East Asia News The first session of the week (April 13th) marked the stop of the State Bank of Vietnam (SBV... Read more

Banks Launch Low-interest Rate Packages To Stimulate Credit Demand

Banking - Published date: .

Intellasia East Asia News Besides supporting customers affected by the Covid-19 pandemic, commercial banks also introd... Read more

SMEs Struggle To Access Credit Support Package

Banking - Published date: .

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VCBS: Credit Growth Unlikely To Improve In Q2

Banking - Published date: .

Intellasia East Asia News According to the data from the General Statistical Office, the gross domestic product (GDP) ... Read more

Deputy Governor: Profits Of Big Four Banks Must Be Reduced By At Least 40pct

Banking - Published date: .

Intellasia East Asia News At a meeting between the prime minister and leaders of ministries and the business community... Read more

Simple Insurance Products And Packages On The Rise

Banking - Published date: .

Intellasia East Asia News The rapid change of customer tastes as well as the growth of the market have required insura... Read more

Insurance Industry Attracts Foreign Capital

Banking - Published date: .

Intellasia East Asia News Foreign businesses in the insurance industry are in a race to raise capital in Vietnam. In e... Read more

SSI Forecasts The Worst-case Scenario For The Profits Of 10 Banks This Year

Banking - Published date: .

Intellasia East Asia News In the estimation of SSI Securities Corporation, in the worst-case scenario, three big banks... Read more

Reference Exchange Rate Up 7 VND

Banking - Published date: .

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,223 VND per USD on Apr... Read more

Vietnam Soon Implementing Mobile Money

Banking - Published date: .

Intellasia East Asia News The State Bank of Vietnam is is urgently working with relevant ministries to finalise the pi... Read more

Revenue Restructuring Minimises Risks

Banking - Published date: .

Intellasia East Asia News Diversifying non-credit products and services is one of the solutions to improve profits for... Read more

Revocation Of License For Representative Offices Of 2 Foreign Banks

Banking - Published date: .

Intellasia East Asia News The Governor of the State Bank of Vietnam (SBV) issued a decision on revoking the License of... Read more

Businesses Cannot Access Billion-dollar Credit Package From Fearful Banks

Banking - Published date: .

Intellasia East Asia News Businesses are struggling to borrow from the VND300 trillion ($12.9 billion) low-interest cr... Read more

Online Payment Awaits New Factors

Banking - Published date: .

Intellasia East Asia News The fear of cash during the epidemic is an opportunity for e-wallets and fintechs to expand ... Read more

Non-life Insurers Struggle With The Investment Portfolio For 2020

Banking - Published date: .

Intellasia East Asia News Non-life insurance companies are facing difficulties not only in the core business segment b... Read more

Banks Have To Solve The Survival Problem Of Cutting Costs

Banking - Published date: .

Intellasia East Asia News Although interest rates fell sharply, banks did not dare to reduce deposit interest rates si... Read more

Reference Exchange Rate Down 5 VND At Weeks Beginning

Banking - Published date: .

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,216 VND per USD on Apr... Read more

Banks Sell Mortgaged Assets To Resolve Bad Debts

Banking - Published date: .

Intellasia East Asia News Many banks in HCM City are selling their mortgaged assets, mainly properties worth trillions... Read more

VietinBank Expects Credit Growth Of 4 8.5pct., Proposes To Retain All Profits

Banking - Published date: .

Intellasia East Asia News According to the documents for 2020 Annual general Meeting (AGM) released by Commercial Join... Read more

Vietnams Forex Reserves Increases By USD 4 Billion

Banking - Published date: .

Intellasia East Asia News The deposit and lending interest rate level has been continuously adjusted by the State Bank... Read more