The price of gold in Vietnam jumped to an all-time high of VND29.45 million a tael (1.2 ounces) on September 8 after global price strongly rose amid concerns over European financial turmoil. Full Article
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Development of bancassurance remains at exploring stage in Vietnam 13:32
In recent years, bancassurance products have quickly become popular, not only in Vietnam but also throughout Asia.
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Life Insurance in Vietnam: Into the world of funds 11:48
In the chase to attract policyholders and earn greater returns, insurance funds have their eyes firmly fixed on establishing fund management companies.
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Getting Interest Rates: Downward Curve 11:41
Vietnam’s central bank is taking the steps necessary to assist banks to cut their interest rates.
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Health Insurance in Vietnam: Relief is at hand 11:36
A flagging government health insurance system and higher incomes present an opportunity for domestic and foreign insurers alike.
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Dong devaluation may miss mark 09:30
The State Bank on August 18, 2010 devalued the dong reference rate by 2.1 per cent from VND18,932 per dollar to VND18,544 due to trade deficit concerns.
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Banks expand business and increase capital 08:55
The Governor of the State Bank of Vietnam yesterday approved the establishment of the Assets Management One Member Company Ltd...
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Bankers say it’s hard to spur credit in rest of year 07/09
Many banks say credit growth in the rest of this year will not accelerate as expected due to restrictive regulations, the limited current capital for lending ...
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Bank capital requirement increases begin 07/09
The Government is requiring that commercial banks have until December 31, 2010 to increase their chartered capital holdings to three trillion dong.
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Gold remains stable at VND29.25 million 07/09
The price of gold in Vietnam continued to tread water at VND29.25 million a tael on September 7. However, trading on bullion market was muted as investors hesitated to buy or sell.
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OCB and KienLongBank allowed to increase charter capital 07/09
The State Bank of Vietnam (SBV) issued Documents No. 6706 and 6707/NHNN-TTGSNH on September 6 to permit the Orient Joint – Stock Commercial Bank (OCB), and the Kien Long...
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Interest rate lowering plan facing problems 07/09
On Sep 3, the government issued the resolution for its August regular meeting, in which the authority continued evaluating that lending rates of banks remain...
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Banks rush to increase chartered capital 07/09
The commercial banks are required to raise chartered capital to at least three trillion dong in the coming four months.
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Legislating Insurance Activities of Economic Groups 07/09
Vietnam must supplement regulations on the formation and operation of insurance companies affiliated to...
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VNPT increases Maritime Bank stake 07/09
State-owned telecommunications giant Viet Nam Post and Telecommunications Group (VNPT) received Government approval to increase its ownership at Maritime Bank...
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