According to Insurance Supervisory Authority, Ministry of Finance, Vietnam insurance market is expected to see growth of 19 – 21 percent... Full Article
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High Profit Growth Target: Feasible? 17:07
Many commercial banks in Vietnam have announced high profit growth target for 2012 despite a lot of difficulties anticipated in 2012.
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Vietnam’s Bonds Advance on Speculation Banks Have Surplus Cash 16:28
Vietnam’s bonds rose, pushing yields to the lowest level in nearly four months, on speculation lenders have surplus cash to purchase government securities.
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HCMC branch of Crédit Agricole Corporate and Investment Bank allowed to conduct debt trading 15:39
The Governor of the State Bank of Vietnam (SBV) issued Decision No. 103/QĐ-NHNN on February 2, 2012 to revise...
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SBV to withdraw nearly 69tr dong in week between Feb 6 and 10 14:45
In two weeks prior to Lunar New Year (Tet) holiday between January 9 and 20, 2012, the State Bank of Vietnam (SBV) made a net injection of nearly 85.3 trillion dong...
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Commercial banks launch promotion programmes to woo customers 14:25
Lucky draw, valuable gifts and the like are among promotion programmes launched by commercial banks in the early year with a view to keep customers.
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Gold slides over Greek debt woes 13:28
Price of gold in Vietnam retreated to below VND45 million a tael (1.2 ounces) on February 7 as global price dipped on concerns over the Greece debt crisis.
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At least 5 banks to merge in first months of this year 13:25
Between five and eight commercial banks are expected to merge in the first months of 2012. The challenge lies in where money comes for banking restructuring.
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Vietnamese banks vulnerable due to European debt crisis, Moody’s says 11:50
Moody’s, a rating firm, has highlighted five risks for Asia Pacific banks and said that the banking systems of Australia...
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Fearing weak liquidity, banks seek permission to export gold 11:45
Some commercial banks which are holding big amounts of gold, have proposed to allow them to export gold in order to improve the liquidity.
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Rising bad debts to affect banking operations in 2012 11:30
Despite the general impacts of monetary tightening policies in 2011, business activities of banks continued growing. Announced profits of so...
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US Ex-Im Bank to prioritize credit for Vietnamese SMEs 11:11
The US Ex-Im Bank will offer preferential credit supporttargeting Vietnamese small- and medium-sized enterprises...
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$7.64 billion liquidity support for Tet won't boost inflation: Cbank 09:50
The VND160 trillion ($7.64 billion) supplied by the central bank for liquidity support before the Lunar New Year (Tet) holiday...
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Businesses looking for capital sources, strenuously 09:15
The deposits made at commercial banks have reportedly increased after Tet. However, due to the tightened monetary credi...
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Feb 7: Vietnam c.bank keeps the US dollar exchange at 20,828 dong 08:36
Vietnam’s central bank on Tuesday February 7 still kept the exchange rate at 20,828 dong/US dollar, unchanged for 31 consecutive days.
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