Economy


NCB Completes CAR According To Basel II Standards

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Intellasia East Asia News National Citizen Commercial Joint Stock Bank (NCB) said that the bank has completed developi... Read more

BIDV Puts Real Estate Projects Debt On Sale For $174 Million

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Intellasia East Asia News BIDV will organise an auction to put on sale the VND4 trillion ($173.9 million) debt of Tai ... Read more

Promptly Disbursing Preferential Capital To Support Epidemic-hit Businesses

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Intellasia East Asia News In the implementation of the government’s solutions and directions concerning COVID-19 pre... Read more

Finhay Raises 7-digits Of Funding

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Intellasia East Asia News Finhay, a Vietnamese fintech start-up, has raised seven-digits worth of investment. The inve... Read more

Banks Plans Sharp Salary And Bonus Cuts During Covid-19

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Intellasia East Asia News On March 31, the Governor of the State Bank of Vietnam (SBV) issued Directive No. 02/ CT-NHN... Read more

VPBank Offers Lending Rate Cuts To Firms And Customers

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Intellasia East Asia News VPBank has announced a further lending cut of 2 per cent for small and-medium sized enterpri... Read more

Real Estate Credit About To Be Controlled Strictly

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Intellasia East Asia News The State Bank of Vietnam (SBV)’s Governor Le Minh Hung had issued a written response to v... Read more

Leaders Take Action To Support Bank Stocks

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Intellasia East Asia News Closing the session on March 31st, the VN Index stood at 662.53 points, the number that no i... Read more

COVID-19 Affected Firms Gain Access To $695 Million Low Interest Loans

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Intellasia East Asia News Enterprises affected by the COVID-19 pandemic could have access to a VND16.2 trillion (US$69... Read more

What To Do With Our Money

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Intellasia East Asia News “What should we do with our money?” That’s the common question posed to me these days.... Read more

Mastercard Provides Free Online STEM Lessons To Children, Teachers And Parents

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Intellasia East Asia News Mastercard on Friday announced it had extended access to its signature STEM curriculum, Girl... Read more

Rate Cut Affects Most State-owned Banks NIM

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Intellasia East Asia News Rong Viet Securities Company (VDSC) has just released a report on the impact of Covid-19 on ... Read more

Vietcombank To Reduce Credit Growth And Increase Ratio Of Secured Assets In 2020

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Intellasia East Asia News In the 2019 annual report published recently, Vietcombank stated that in 2020, the global ec... Read more

Banks Intend To Reduce Profit Targets

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Intellasia East Asia News Bad debt was likely to increase when businesses and people were in difficulties. Besides, ba... Read more

Over 9.72 Trillion VND Raised From Government Bonds In March

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Intellasia East Asia News The State Treasury mobilised over 9.72 trillion VND (over 407 million USD) through governmen... Read more

The Governor Instructs Banks Not To Divide Cash Dividend To Focus Resources On Sharply Reducing Interest Rates

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Intellasia East Asia News Regarding the Covid-19 epidemic, Governor Le Minh Hung asked banks to proactively review and... Read more

Vietnams Bond Market Remains Smallest In East Asia: ADB

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Intellasia East Asia News Vietnam’s local bond market remained the smallest in emerging East Asia, with bonds outsta... Read more

Many Banks Raise Online Savings Rates

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Intellasia East Asia News During the complicated Covid-19 pandemic, many banks have encouraged customers to deposit on... Read more

Reference Exchange Rate Down 5 VND On April 6

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Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,234 VND per USD on Apr... Read more

Kienlongbank Supports 85,000 Virus-hit Clients

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Intellasia East Asia News Kienlongbank has announced a rate cut programme for its 85,000 borrowers who are paying inte... Read more