SBV official picked as new DongABank chairman

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VietnamNet English 2 hour(s) ago

DongABank’s board of directors has chosen Vo Minh Tuan, deputy head of the credit department at the State Bank of Vietnam (SBV), as new chairman of the bank after its chairman Cao Sy Kiem’s resignation.

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Inter-bank trading increases, says SBV

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VietnamNet English 4 hour(s) ago

Inter-bank trading increases, says SBV

Transactions in the inter-bank market increased significantly over the last week due to rising demand, the State Bank of Viet Nam (SBV) reported.

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Vietnam has reasons not to sharply devalue the dong

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VietnamNet English 5 hour(s) ago

Vietnam has reasons not to sharply devalue the dong

VietNamNet Bridge - If Vietnam devalues the dong sharply, regulatory agencies will find it difficult to implement the plan to slash medium- and long-term bank loan interest rates, and the public debt will become worse.

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Foreign investors welcome State-owned companies’ IPOs

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Báo Đầu Tư English 9 hour(s) ago 2 related news

Foreign investors welcome State-owned companies’ IPOs

Bank shares and state-owned enterprises’ (SOEs) IPOs (initial public offering) have become highly attractive to foreign investors.

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Foreign investors welcome State-owned companies’ IPOs

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VOV News English 10 hour(s) ago 2 related news

Foreign investors welcome State-owned companies’ IPOs

Bank shares and state-owned enterprises’ (SOEs) IPOs (initial public offering) have become highly attractive to foreign investors.

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Five more banks to guarantee property investors

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Báo Đầu Tư English 10 hour(s) ago

Five more banks to guarantee property investors

The State Bank of Viet Nam named five more banks on August 27 that qualify for guaranteeing property investors, following issuance of regulations on the realty trading law.

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Foreign investors welcome State-owned companies’ IPOs and lift on foreign-ownership ratio

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VietnamNet English 1 day(s) ago 2 related news

Foreign investors welcome State-owned companies’ IPOs and lift on foreign-ownership ratio

VietNamNet Bridge - Bank shares and state-owned enterprises’ (SOEs) IPOs (initial public offering) have become highly attractive to foreign investors.

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Tumbling stocks, gold may drive investors to real estate

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VietnamNet English 1 day(s) ago 2 related news

Tumbling stocks, gold may drive investors to real estate

Tumbling stocks and gold prices may drive investors away to the real estate market as property is traditionally a favourite channel for investment in Vietnam compared to gold, stocks and bank savings, according to a report by CBRE Vietnam on August 26.

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Central bank assurance calms forex market

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Báo Đầu Tư English 1 day(s) ago 1 duplicate news 1 related news

Central bank assurance calms forex market

After hovering at the ceiling rate set by the State Bank of Viet Nam for three days, the dollar pulled back a little on Thursday after the central bank promised no more devaluation is in the offing, with almost all banks reducing their selling rate by VND25-35.

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US dollar cools down

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VOV News English 2 day(s) ago 1 related news

US dollar cools down

The price of the US dollar at commercial banks cooled down on August 27 after tumultuous spikes in the last few days.

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SBV to hold forex rate steady until early 2016

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VietnamNet English 4 day(s) ago 1 related news

SBV to hold forex rate steady until early 2016

The State Bank of Viet Nam has said it would hold the exchange rate steady till the end of the year and also in the early months of 2016.

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Dong A took a false step when trading gold

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VietnamNet English 4 day(s) ago

Dong A took a false step when trading gold

VietNamNet Bridge - Dong A Bank, which was once of the best joint-stock commercial banks in Vietnam with advantages in card technology and retail banking, has gone downhill because of the gold trade.

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Southeast Asian companies grapple with foreign debt worries

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Báo Thanh Niên English 3 day(s) ago

Indonesian and Malaysian companies with foreign currency debts may be forced to raise equity funds at steep discounts and restructure debt as the rupiah and ringgit currencies have weakened to 17-year lows, bankers and company executives say.

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China market slump: Shares end lower despite rate cut

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VietnamNet English 3 day(s) ago 1 related news

China market slump: Shares end lower despite rate cut

Chinese shares have closed lower despite a fresh rate cut by the central bank.

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SBV vows to restructure financial leasing companies

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VietnamNet English 5 day(s) ago 1 duplicate news

SBV vows to restructure financial leasing companies

VietNamNet Bridge - Despite the high demand and the fertile market, only 50 percent of Vietnamese owned finance leasing companies have been profitable.

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