citi vietnam launches new citi simplicity credit card

Citi Vietnam launches new Citi Simplicity+ credit card

15:25 | 24/11/2017 Finance - Banking

Citi Vietnam today introduced Citi Simplicity+, the first credit card in the market to provide 10% interest back for on-time payments and no late payment fees. As a special introduction, Citi Simplicity+ comes with a 0% annual percentage rate for the first 3 months.
large banks move to change deposit interest rates

Large banks move to change deposit interest rates

16:10 | 23/11/2017 Finance - Banking

In contrast to Vietcombank’s move to cut deposit interest rate a week ago, two other large State-owned commercial banks -- Vietinbank and BIDV -- this week announced they were raising the rate.
foreign currency reserves at record high exchange rates stable Foreign currency reserves at record high, exchange rates stable

14:29 | 22/11/2017 Finance - Banking

(VEN) - Despite the fluctuations of the market and the world economy, exchange rates remain stable due to the flexible management policies and positive effects of foreign direct investment. In particular, Vietnam’s foreign exchange reserves are at an all-time high.
hcm city steps up cooperation with ifc HCM City steps up cooperation with IFC

15:03 | 21/11/2017 Finance - Banking

Ho Chi Minh City is committed to creating favourable conditions for the International Finance Corporation (IFC) to carry out joint projects based on current laws, stated Le Thanh Liem, Vice Chairman of the municipal People’s Committee.
central bank governor stresses solutions to bad debt settlement Central bank governor stresses solutions to bad debt settlement

15:57 | 20/11/2017 Finance - Banking

Governor of the State Bank of Vietnam (SBV) Le Minh Hung on November 16 fielded lawmakers’ questions about the banking system’s operations, underlining the need to focus on effectively implementing a resolution on piloting the settlement of bad debt at credit institutions.
deputy pm government not to raise public debt ceiling Deputy PM: Government not to raise public debt ceiling

16:33 | 17/11/2017 Finance - Banking

The Government will not raise the public debt ceiling in order to ensure debt payment capacity and balance the national financial system, said Deputy Prime Minister Vuong Dinh Hue during the hearing session of the 14th National Assembly’s fourth sitting on November 16.
deputy pm hue vietnam is potential market for deloitte Deputy PM Hue: Vietnam is potential market for Deloitte

10:47 | 16/11/2017 Finance - Banking

Vietnam is a potential market for Deloitte which will extend the scope of financial audits to public non-productive units.
rok provides vietnam with us 15 billion worth of oda loans RoK provides Vietnam with US$1.5 billion worth of ODA loans

15:10 | 14/11/2017 Finance - Banking

The Government of the Republic of Korea (RoK) will provide Vietnam with official development assistance (ODA) loans worth US$1.5 billion in the 2016-2020 period following a recently signed framework agreement between the two Governments.
hcmc banks cautioned to reign in credit growth HCMC banks cautioned to reign in credit growth

15:10 | 10/11/2017 Finance - Banking

(VEN) - Ho Chi Minh City’s (HCMC) banking activities in the first nine months of the year continued to be stable, creating favorable conditions for supporting businesses in their trade and production activities. However, experts caution against further credit growth, especially if focused in the real estate market, to ensure the safety of the whole banking system.
vietnam dong among most stable in asia this year experts Vietnam Dong, among most stable in Asia this year: experts

14:25 | 08/11/2017 Finance - Banking

The Vietnam Dong (VND) is among the most stable currencies in Asia this year, said the US-based Bloomberg News, echoed by similar views from Vietnamese economists who were confident that the stability would remain until the year end thanks to the economy’s positive signs.
minister budget overspending to be kept within limits Minister: budget overspending to be kept within limits

11:14 | 07/11/2017 Finance - Banking

The Government will keep State budget overspending not to exceed 3.5% of GDP and less than VND178 trillion (US$7.8 billion) as set by the National Assembly (NA), said Finance Minister Dinh Tien Dung.
247 e tax payments and customs clearance begin 24/7 e-tax payments and customs clearance begin

15:50 | 03/11/2017 Finance - Banking

The General Department of Customs (GDC) has approved a project on 24/7 e-tax payments through authorised banks and 24/7 customs clearance which will take effect from November this year.
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