SPECIAL

Motorbike sales continue to fall Motorbike sales continue to fall

Despite the launch of new motorbike models and promotions, the number of motorbikes sold continues to fall, the Dau Tu (Viet Nam Investment Review) newspaper reports.


Banking sector reform: M&A boom expected Banking sector reform: M&A boom expected

With the Government's determination to hasten the restructuring of the credit institution system, mergers and acquisitions (M&A) in the banking sector were projected to boom in the coming years.


First two buildings receive green certificates from World Bank First two buildings receive green certificates from World Bank

Two property projects have become the first ever Vietnamese winners of certificates for resource efficiency from the IFC, a member of the World Bank Group.


Sandisk brings world's highest capacity memory card to VN Sandisk brings world's highest capacity memory card to VN

SanDisk Corporation, a global leader in flash storage solutions, has launched its latest innovations in Viet Nam.



Banks report strong liquidity ahead of Tet Banks report strong liquidity ahead of Tet

(Jan 31, 2015)

Commercial banks said that 2015's Tet (Lunar New Year) festival has been the most easy so far, in terms of liquidity, and even though it is around the corner, according to Dau Tu Chung Khoan.

SeaBank issues co-brand credit card

Mercedes-Benz Vietnam and its strategic partner SeaBank marked the official launch of the MercedesCard to local customers on January 30.

SeABank offers soft loans

Vietnamese SeaBank will offer VND10 trillion (US$470 million) in preferential loans to businesses in HCM City. The commitment was made at a workshop linking commercial banks with businesses in the city.

Standard Chartered expects higher economic growth in VN

Standard Chartered Bank expects Viet Nam's gross domestic product growth to accelerate to six per cent in 2015, higher than its previous forecast of 5.8 per cent.

Former Ocean Bank chief arrested for economic fraud

A senior banker was arrested yesterday for alleged economic frauds.

State Bank calls for lending interest rates to be lowered

The State Bank of Viet Nam (SBV) on Tuesday announced its monetary policy execution for this year. According to the announcement, the SBV has instructed credit institutions to continuously cut the annual interest rate for medium and long-term loans by one to 1.5 percentage points to help businesses.

MoneyGram, DongA Bank to deliver remittances to customers' door

MoneyGram and its strategic partner Viet Nam DongA Bank yesterday (Jan 27) launched a new service that will deliver remittances to the homes of the recipients.

Sacombank offers soft loans

The Sai Gon Thuong Tin Joint-Stock Commercial Bank (Sacombank) will offer VND10 trillion (US$470 million) in preferential loans to individuals, businesses, households and co-operatives in HCM City's 24 districts and many other cities and provinces this year.

SBV wants Vietinbank, Vietcombank to become leading banks

The State Bank of Viet Nam wants Vietinbank and Vietcombank to become the leading banks of Viet Nam, and boost their scale at the regional level.

Central bank well set to keep forex rate under 2 pct: experts

Experts said the State Bank of Viet Nam will succeed in keeping the Vietnamese dong-US dollar exchange rate from fluctuating to below 2 per cent this year.

PVI, PVcomBank agree on comprehensive co-operation

The PetroVietnam Insurance Corporation and the Viet Nam Public Bank signed a comprehensive co-operation agreement on January 21.

Circular will revamp stock marketCircular will revamp stock market

Since its issuance late last year, Circular 36/2014/TT-NHNN, which set limits on how much banks can lend to stock investors, has had a strong impact on both credit institutions and the securities market. Investors fear that the total amount available for margin loans will drop dramatically after the Circular takes effect on February 1.

Who will benefit from the weaker dong? Who will benefit from the weaker dong?

A new year has come, bringing with it some good news for exporters : the State Bank of Viet Nam has decided to depreciate the dong by 1 per cent.

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