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Vietnam > Finance

Ho Chi Minh City’s remittances top $2bn dollars in five months

21/06/2018 13:29 | 0 comments

Over US$2 billion was sent to Ho Chi Minh City from outside the country during the first five months of 2018, nearly doubling the recorded figures from the first quarter of this year.

Vietnam > Finance

Dollar hike won’t significantly affect VN’s economy

21/06/2018 09:37 | 0 comments

The US dollar has appreciated significantly against the Vietnamese dong in the past few days in the wake of the US Federal Reserves (Fed)’s interest rate hike last week, but local officials and experts are not too worried, believing these hikes won’t affect Vietnam’s economy in any major way.

Vietnam > Finance

Banks cut short-term interest amid good liquidity

20/06/2018 20:44 | 0 comments

Some commercial banks have continued to reduce the interest rate for short-term deposits by 0.1 to 0.3 percentage points in the past week thanks to good liquidity.

Cambodia > Finance

Wing, City team up for cashless bus payment

20/06/2018 20:19 | 0 comments

Electronic payment service provider Wing and the Phnom Penh City Bus Authority (PPCBA) on Tuesday joined hands to offer a cashless payment option for the city’s buses, making travelling on public transport smarter and easier.

Cambodia > Finance

Cryptos illegal in the Kingdom: regulators

20/06/2018 20:17 | 0 comments

Three of the Kingdom’s institutions issued a joint statement on Tuesday, warning the public that using, trading or advertising cryptocurrencies is illegal. They said various local blockchain projects which were operating without government approval pose serious risks to the public.

Vietnam > Finance

KEB Hana Bank BIDV’s potential strategic investor: VCSC

19/06/2018 21:18 | 0 comments

The potential strategic investor of Bank for Investment and Development of Vietnam (BIDV) is Korea’s KEB Hana Bank, reported Viet Capital Securities Company (VCSC).

Vietnam > Finance

SBV tightens corporate bond purchase by banks

19/06/2018 21:13 | 0 comments

State Bank of Viet Nam has tightened regulations on corporate bond purchase by credit institutions and foreign banks’ branches.

Vietnam > Finance

Central Bank asks banks to rectify hotline issues

19/06/2018 21:11 | 0 comments

The State Bank of Viet Nam (SBV) has asked banks to provide enough switchboard operators and improve technical infrastructure to process complaints efficiently.

Vietnam > Finance

HCM City carries out credit evaluation project

19/06/2018 21:10 | 0 comments

HCM City expects its project on international credit evaluation to be highly effective, contributing to the prestige, reputation and expansion of financial resources for the development of the city.

Vietnam > Finance

Thai KBank moves another step to bolster local SMEs

18/06/2018 13:47 | 0 comments

KASIKORNBANK and Vietnam’s Agency for Enterprise Development last week signed a memorandum of understanding on the promotion of the development of small- and medium-d enterprises and economic co-operation between Thailand and Vietnam.

 
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