Economy


Abundant Capital Source Drives Rates In Inter-bank Market Down

Banking - Published date: .

Intellasia East Asia News Interest rates in the inter-bank market are declining in contrast to previous years when the... Read more

ABBANK Expects 2019 Profits To Increase By 30 Per Cent

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Intellasia East Asia News An Binh Commercial Joint Stock Bank (ABBANK) expects to achieve VND1.22 trillion (US$52.4 mi... Read more

VPBank Settles $129.7 Million VAMC Bonds

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Intellasia East Asia News The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on Wednesday completed settling ... Read more

Reference Exchange Rate Down On December 25

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Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,163 VND/USD on Decembe... Read more

Banks Likely To Enjoy Big Fat Earnings Again This Year

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Intellasia East Asia News Though the fiscal year 2019 is yet to end, early reports suggest major commercial banks in V... Read more

Life Insurance Sales Channel Becomes Increasingly Flexible

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Intellasia East Asia News In addition to selling insurance through agents and banks (bancassurance), cooperating with ... Read more

Consumer Credit Hardly Boom In Tet Season Despite Available Growth Room

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Intellasia East Asia News The end of the year is an opportunity for banks as well as finance companies to boost consum... Read more

PGBanks Business Operation At A Standstill

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Intellasia East Asia News The unsuccessful merger with another bank has made Petrolimex Global Commercial Joint Stock ... Read more

Credit Growth Reaches Nearly 10pct

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Intellasia East Asia News According to updated information from the State Bank of Vietnam (SBV), by the end of October... Read more

Vietnamese Banks Project Better-than-expected Profits

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Intellasia East Asia News Several Vietnamese banks have forecast that their full-year profits for 2019 will surpass th... Read more

OCB Officially Trades And Provides Interest Rate Derivative Products

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Intellasia East Asia News The Governor of the State Bank of Vietnam (SBV) had just decided to add the operation conten... Read more

Daikin Set To Make Ducted Ceiling-mounted Air Conditioner In Việt Nam

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Japanese air-conditioning giant Daikin has announced plans to manufacture commercially ducted ceiling-mounted air co... Read more

Many Banks Struggle With The Thirst For Medium And Long-term Capital

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Intellasia East Asia News Although liquidity had improved, many banks found it challenging to answer the current deman... Read more

Generali Vietnam Launches First Instore & Online-distributed Health Insurance Product

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Intellasia East Asia News “VITASong Nhu Y” the first online and in-store insurance product in Vietnam. The general... Read more

Moodys Turns Outlook Of Mong Duong Finance To Negative

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Intellasia East Asia News The negative outlook on the rating mirrors the negative outlook on Vietnam’s sovereign rat... Read more

Banks Continuously Report Profits In 2019

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Intellasia East Asia News Although the 2019 fiscal year has not yet ended, banks have fervently announcing profits for... Read more

VPBank To Provide Green Power Loans

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Intellasia East Asia News The Vietnam Joint Stock Commercial VPBank and roof-top solar power solution supplier, SolarG... Read more

VIB Becomes The First Bank To Complete All 3 Pillars Of Basel II

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Intellasia East Asia News In the morning of December 19th 2019, Vietnam International Commercial Joint Stock Bank (VIB... Read more

Hanwha Life Vietnam Funds PediatricObstetric Clinic In Dak Lak

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Intellasia East Asia News Hanwha Life Vietnam in collaboration with Childfund (Korea) and Action Aid have donated a ne... Read more

SeABank Postpones International Bond Issuance Plan To 2020

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Intellasia East Asia News Southeast Asia Commercial Joint Stock Bank (SeABank) has announced the Resolution of the Boa... Read more