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Vietnam > Finance

Vietcombank divests from two firms

21/11/2017 09:23 | 0 comments

The Bank for Foreign Trade of Viet Nam (Vietcombank) on Monday was estimated to receive VND342.6 billion (US$15.2 million) from selling its entire stakes in the Saigon Bank for Industry and Trade (SaigonBank) and Viet Nam Cement Finance Company (CFC).

Vietnam > Finance

AIA sees a path toward Vietnam’s future goals

21/11/2017 08:09 | 0 comments

With Vietnam boosting the reform of its economic structure, AIA Group Limited – a leading pan-Asian life insurer listed in Hong Kong – is seeing many opportunities in the country for both itself and foreign investors in general. The group’s chief investment officer Mark Konyn talks with VIR’s Thanh Tung about his expectations for Vietnam’s future, in which AIA will have an important role to play.

Cambodia > Finance

GDT now allows you to pay the tax man online

21/11/2017 07:54 | 0 comments

The General Department of Taxation (GDT) announced yesterday that it has officially launched an e-payment platform that allows individual and corporate taxpayers to pay their obligations online and directly through bank accounts, a move that businesses in the Kingdom hope will trim waiting periods.

Cambodia > Finance

NBC gives banks, MFIs greenlight to issue bonds

20/11/2017 15:27 | 0 comments

The National Bank of Cambodia (NBC) announced on Friday that local banks and microfinance institutions (MFIs) can now issue corporate bonds or list equity securities on the nascent Cambodian stock market, a move industry insiders claim will help financial institutions raise capital and be less reliant on foreign borrowing.

Vietnam > Finance

Insurance market maintains stable growth rate

20/11/2017 15:25 | 0 comments

The insurance market continued to maintain stable growth rate in the first 10 months of the year, according to the Ministry of Finance (MoF).

Vietnam > Finance

VIB receives $185-million IFC financial package

18/11/2017 21:26 | 0 comments

International Finance Corporation and its partners will offer $185 million of assistance to Vietnam International Bank.

Vietnam > Finance

Banks announce upcoming divestment plans

18/11/2017 15:30 | 0 comments

Several banks announced they would auction the shares they are holding in companies, in the last two months of the year, on the Ha Noi Stock Exchange (HNX).

Vietnam > Finance

Gov’t will focus on credit solvency: Deputy PM

17/11/2017 10:21 | 0 comments

Credit solvency is more important than public debt ceiling, Deputy Prime Minister Vuong Dinh Hue said in parliament on Thursday.

Vietnam > Finance

Banks fail to meet businesswomen’s capital needs

17/11/2017 09:54 | 0 comments

A new study has found that only 37 per cent of women-owned SMEs Viet Nam have accessed bank loans in the last two years, compared to 47 per cent of male business owners. The study authors urged banks to design uniquely tailored products and services for women-owned small- and medium-sized enterprises (SMEs) in order to support the under-tapped potential of this segment.

Vietnam > Finance

Generali Vietnam launches VITA-Song Tu Tin with superior features

16/11/2017 09:16 | 0 comments

Generali Vietnam Life Insurance LLC (Generali Vietnam) has officially launched their new product called VITA-Song Tu Tin (VITA – Live Confidently), promising to quickly become customers’ favorite, similar to other well-known products previously offered by Generali Vietnam with optimal flexibility and a combination of unique, attractive, and practical features.

 
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