vib named best banking deal vietnam 2015 VIB named Best Banking Deal Vietnam 2015

11:12 | 20/04/2015 Finance - Banking

Vietnam International Bank (VIB) has been honoured by Global Banking and Finance Review as the “Best Banking Deal Vietnam 2015” and “Fastest Growing Retail Bank in Vietnam 2015”.
forex rates need to be adjusted experts Forex rates need to be adjusted: experts

10:47 | 16/04/2015 Finance - Banking

Experts have urged the central bank to apply the crawling peg - an exchange rate regime that allows depreciation or appreciation to happen gradually - to help firms develop appropriate business plans.
foreign banks see opportunities in vietnam Foreign banks see opportunities in Vietnam

15:35 | 15/04/2015 Finance - Banking

(VEN) - Foreign banks have increased their presence in Vietnam in recent years, underlining the fact that the Vietnamese financial market remains attractive in the eyes of foreign investors.
world bank cuts east asia growth forecast World Bank cuts East Asia growth forecast

08:22 | 14/04/2015 Finance - Banking

The World Bank cut its 2015 growth forecasts for developing East Asia and China, and warned of "significant" risks from global uncertainties including the potential impact from a strengthening dollar and higher US interest rates.
foreign eye banks real estate Foreign eye banks, real estate

17:51 | 13/04/2015 Finance - Banking

The increasing signs of an economic recovery have bolstered investor confidence and laid the foundation for more foreign investors to dip their toes in Vietnam’s stock market in the coming time, experts claim.
deposit growth rate slows as credit continues to rise Deposit growth rate slows as credit continues to rise

10:06 | 13/04/2015 Finance - Banking

The deposit growth rate is currently slower than that of credit growth; however, savings in banks are still considered a good choice due to low inflation.
lienvietpostbank allowed to establish additional rep offices transaction offices and branches LienVietPostBank allowed to establish additional rep. offices, transaction offices and branches

17:29 | 09/04/2015 Finance - Banking

The State Bank of Vietnam (SBV) issued Documents on April 8 to permit the Lien Viet Post Joint – Stock Commercial Bank (LienVietPostBank) to establish additional representative (rep.) offices, transaction offices and branches.
finance ministry to inspect foreign shipping firms adjust fee collection Finance Ministry to inspect foreign shipping firms, adjust fee collection

11:14 | 08/04/2015 Finance - Banking

The Finance Ministry will inspect 20 foreign shipping companies located in big ports, including HCM City, Hai Phong and Hanoi this month, Deputy Minister of Finance Vu Thi Mai said.
gold export taxes increase Gold export taxes increase

19:00 | 06/04/2015 Finance - Banking

(VEN) - The Ministry of Finance recently issued Circular 36/2015/TT-BTC raising the export tax rate applied to golden jewelries, industrial products and other products made of gold in groups 71.13, 71.14, 71.15 of the export tariff from zero percent to two percent. These include golden jewelries and parts of golden jewelries, industrial products and parts of industrial products, and other products, with 95 percent or higher content of gold.
BIDV authorized to relend WB loans for power project

14:48 | 04/04/2015 Finance - Banking

(VEN) - The Ministry of Finance has authorized the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to relend loans totaling US$500 million provided by the World Bank (WB) for the Transmission Efficiency Project (TEP) to be implemented from 2015 until 2020. This project is designed to increase the capacity, efficiency and reliability of the electricity transmission network in major economic areas such as expanded Hanoi, expanded Ho Chi Minh City, the Mekong Delta, and the central region.
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