Economy


Central Bank Asks For Cut In Electronic Fund Transfer Fees

Banking - Published date: .

Intellasia East Asia News The State Bank of Vietnam (SBV) on March 31 issued a directive to reduce the fees for transa... Read more

Reference Exchange Rate Up 7 VND On April 3

Banking - Published date: .

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

The Transformation To E-payment Seems Tough After COVID-19

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Intellasia East Asia News Many experts believe that, although the demand for digital payment during the Covid-19 pande... Read more

Sacombank Launches Promotions For JCB Cards, New Combo Accounts

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Intellasia East Asia News Sacombank has launched a promotion programme called “Only VND200,000-Satisfying golden dre... Read more

20 Banks Sharply Reduce Lending Rates From April 1st

Banking - Published date: .

Intellasia East Asia News At the government’s regular online meeting in March 2020, Governor of the State Bank of Vi... Read more

Encouraging Mobile Money To Stem The Spread Of COVID-19

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Intellasia East Asia News As the number of COVID-19 cases increases, many are opting for cashless payments to avoid di... Read more

Bank Customers Warned Of Fraud Amid COVID-19 Pandemic

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Intellasia East Asia News Banks have warned customers about fraud during the COVID-19 pandemic, advising them not to o... Read more

Banks Support Enterprises

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Intellasia East Asia News Incomplete statistics show that businesses have enjoyed cuts of at least VND100 trillion (US... Read more

Ministry Of Finance Asks Insurers Not To Sell COVID-19-related Products

Banking - Published date: .

Intellasia East Asia News The Ministry of Finance has asked insurers to stop introducing and selling insurance package... Read more

Banks Maintain Normal Operations During National Social Distancing

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Intellasia East Asia News Banking services will remain available to meet the transaction demands of businesses and ind... Read more

Bonds Rising To Primacy

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Intellasia East Asia News The global rush for cash is putting immense pressure on the bond market, raising concerns ab... Read more

People Should Be Cautious Of Personal Credit Default Due To The Covid-19

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Intellasia East Asia News The Covid-19 outbreak caused heavy losses to production and business activities, and accordi... Read more

VietinBank Aims To Expand Credit By 6-10pct. In 2020

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Intellasia East Asia News In the 2019 annual report, Commercial Joint Stock Bank for Industry and Trade of Vietnam (Ho... Read more

Reference Exchange Rate Revised Down On April 1

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Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,232 VND per USD on Apr... Read more

FWD Vietnam Life Insurance Increases Capital To Over 13.9tr Dong

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Intellasia East Asia News FWD Vietnam Insurance Co., Ltd (FWD) had just announced to increase its charter capital from... Read more

Nam A Bank The First Bank Aims To Reduce Profit By 14pct In 2020

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Intellasia East Asia News According to the document submitted to the shareholders’ meeting in 2020, Nam A Commercial... Read more

Gold Surpasses VND48 Million Per Tael

Banking - Published date: .

Intellasia East Asia News The price of gold in Vietnam continued to escalate by VND600,000 per tael (1.2 ounces) to ab... Read more

Visa And NextPay Sign MoU To Promote Cashless Payments In Vietnam

Banking - Published date: .

Intellasia East Asia News Visa, the world-leader in digital payments, and NextPay, a provider of comprehensive digital... Read more

Banks Are In Excess Of Capital

Banking - Published date: .

Intellasia East Asia News The report on Socioeconomic statistics in the first quarter (Q1) of 2020 recently released b... Read more

The Shareholder Meeting Season Remains Unexpectedly Quiet

Banking - Published date: .

Intellasia East Asia News A series of banks such as Military Commercial Joint Stock Bank (MB MBBank), Southeast Asia C... Read more