Economy


SHB Sells SHBFC Consumer Finance Company To A Foreign Partner

Banking - Published date: .

Intellasia East Asia News On April 8, 2020, the Board of directors of Saigon Hanoi Commercial Joint Stock Bank (SHB) F... Read more

Moodys Places Five VN Financial Institutions On Review For Downgrade

Banking - Published date: .

Intellasia East Asia News Moody’s Investors Service has placed the long-term ratings and assessments of three Vietna... Read more

The Outstanding Loans Affected By Covid-19 Reach 2 Quad Dong

Banking - Published date: .

Intellasia East Asia News The credit debt balance affected by Covid-19 estimated by the State Bank of Vietnam (SBV) re... Read more

Credit Card Defaults A Risk During COVID-19

Banking - Published date: .

Intellasia East Asia News Experts have warned that consumers may soon start defaulting on their credit card payments d... Read more

Sacombank To Hold Annual General Meeting Online Amid COVID-19 Uncertainty

Banking - Published date: .

Intellasia East Asia News Sacombank has decided to hold its annual general meeting (AGM) online in June on the advice ... Read more

Three-year Zero-interest Business Loans Unfeasible: Experts

Banking - Published date: .

Intellasia East Asia News Commercial banks and experts have said the proposal of providing zero-interest loans for thr... Read more

Bad Debts Rise Due To Covid-19: SBV Governor

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Intellasia East Asia News The bad debt ratio will rise by 4 percent at the end of the second quarter of 2020 and 3.7 p... Read more

Reference Exchange Rate Revised Down On April 10

Banking - Published date: .

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,221 VND per USD on Apr... Read more

Banks Need To Reinforce Resources To Support The Economy

Banking - Published date: .

Intellasia East Asia News In a time when the economy and enterprises were facing many difficulties, banks was consider... Read more

Prudential Vietnam Delivers Strong Results In Fiscal Year 2019

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Intellasia East Asia News Prudential Vietnam has just announced its business results for the year ending in December 2... Read more

MoMo Users Walk To Donate For The Battle With COVID-19 Pandemic

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Intellasia East Asia News MoMo e-wallet has worked with the Central Committee of the Fatherland Front and the Hanoi Me... Read more

FWD Group Completes Acquisition Of Vietcombank-Cardif Life Insurance

Banking - Published date: .

Intellasia East Asia News FWD Group has officially announced that it has received statutory approval for the acquisiti... Read more

A $1.27 Billion Package Offered To Supports Firms Amid The Pandemic

Banking - Published date: .

Intellasia East Asia News Techcombank on Wednesday announced a VND30 trillion (US$1.27 billion) credit package to supp... Read more

Banks Need To Be Healthy In Order To Help Others

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Intellasia East Asia News Recognised as the “lifeblood” of the economy, credit institutions (CIs) need to be healt... Read more

Local Insurers Cash In On Pandemic

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Intellasia East Asia News While the coronavirus pandemic has dealt a blow to key industries from services to trade and... Read more

HDBank Completes The Merger In 2020 While HD SAISON Invades The Credit Card Segment

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Intellasia East Asia News Sharing in the recently released annual report of 2019, the Standing vice Chair of HCM City ... Read more

Economic Downturn Weighs On Banking Industry

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Intellasia East Asia News Vietnam is at the top of countries with high leverage when having credit to Gross Domestic P... Read more

3 Banks Show Outstanding Credit Growth In Q1/2020

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Intellasia East Asia News According to the General Statistical Office (GSO), as of March 20, 2020, the total means of ... Read more

Banks Face Tough Time In Q2/2020 Because Of Covid-19

Banking - Published date: .

Intellasia East Asia News The analysis department of SSI Securities Company has just updated on the impact of the Covi... Read more

Who Can Access Low-interest Credit Packages?

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Intellasia East Asia News Experts warn that businesses suffering the most may not be able to access the VND285 trillio... Read more