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Electricity hike hits industry hard

Electricity hike hits industry hard

Vietnamese manufacturers are set to increase their selling prices following the 8.36 per cent hike in electricity price that launched from March 20.

Realty market has opportunities from trade war

Realty market has opportunities from trade war

The US – China trade war would generate more opportunities than challenges for Vietnam’s real estate market, experts said at the Vietnam Real Estate Summit (VRES) in Hanoi on December 12.

Conference discusses Vietnam real estate market trend

Conference discusses Vietnam real estate market trend

Economic experts and representatives from a range of firms gathered together at a teleconference on investment trends and opportunities in Vietnam’s real estate market, held in Hanoi on December 11.

Bank tickers anticipated upbeat momentum ahead

Bank tickers anticipated upbeat momentum ahead

Despite some corrections in the first half, bank tickers are expected to lead the market in the second half, buoyed by dwindling provisioning and upbeat profit prospect.

SBV to tighten rules for commercial banks

SBV to tighten rules for commercial banks

The State Bank of Vietnam (SBV) has decided to push ahead with restructuring the banking system, applying stricter measures to effectively prevent cross-ownership at commercial banks.

Vietnam has good growth momentum: Fitch forum

Vietnam has good growth momentum: Fitch forum

The Vietnamese economy is enjoying stronger growth compared to 2017 with increasing foreign reserves and tight control of foreign debt, said Fitch experts at the “Fitch on Vietnam” forum held in Hanoi on June 8.

Non-cash payment programs encounter barriers

Non-cash payment programs encounter barriers

The smartphone-based payment service market in Vietnam has become busy in the last six months, but Vietnam is still far from its ‘non-cash payment’ target.

Vietnam’s securities market attracts more foreign capital

Vietnam’s securities market attracts more foreign capital

VOV.VN - Macro-economic stability, positive economic growth, the government’s efforts to improve the investment environment, and the growing private sector are making the Vietnamese securities market more attractive to foreign investors.

Vietnam Dong, among most stable in Asia this year: experts

Vietnam Dong, among most stable in Asia this year: experts

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.

Thriving online lending carries potential risks

Thriving online lending carries potential risks

Along with the development of digital technology, online lending is getting more popular by inducing numerous benefits for both borrowers and lenders. However, it also contains some possible risks that all should be wary of.

Expert warns over possible increase in USD exchange rate

Expert warns over possible increase in USD exchange rate

After the Federal Reserve (Fed) raised the USD interest rate, the domestic exchange rate did not significantly fluctuate. However, when talking with VIR reporter, economist Dr Can Van Luc said that there may be some pressure on the USD exchange rate at the end of 2017.

Revolution 4.0 brings sweeping change

Revolution 4.0 brings sweeping change

A conference on the 4th industrial revolution was held in Hanoi recently to discuss opportunities and challenges for Vietnamese enterprises brought by the revolution.

Banks to up capital by US$1.6 billion

Banks to up capital by US$1.6 billion

The banking system is expected to further develop this year, as 16 banks have announced plans to increase capital by a total of nearly VND37 trillion (US$1.62 billion).

Right mix for consumer loans to flourish: experts

Right mix for consumer loans to flourish: experts

Consumer lending has the potential for explosive growth in Vietnam, but this can only happen with significant improvements in consumer satisfaction with credit institutions and loan conditions, experts say.

M&A in banking unlikely to pick up soon

M&A in banking unlikely to pick up soon

Mergers and acquisitions (M&A) activities in the banking sector in the past two years seem to have cooled down, and without the right policies that would solve major bottlenecks in the process of buying banks, it is unlikely to pick up soon.
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