Major Vietnam insurer Pjico to sell stake to foreign investor: report

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Báo Thanh Niên English 20 hour(s) ago

Pjico, one of Vietnam's five biggest non-life insurance companies, is set to sell a 20 percent stake to a foreign investor, expecting to increase its charter capital by 40 percent to VND1 trillion (US$44.89 million).

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Banks' equity up, assets down

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Báo Đầu Tư English 2 day(s) ago

Banks' equity up, assets down

The combined equity of all lenders in the domestic banking system reached nearly VNĐ580.3 trillion (US$25.8 billion) ending January, an increase of VNĐ2.3 trillion over the end of 2015.

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Vietnam had nearly 600 new real estate companies in Q1: official data

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Báo Thanh Niên English 2 day(s) ago

Vietnam had nearly 600 new real estate companies in Q1: official data

The number of new businesses in Vietnam's real estate sector increased 146 percent year-on-year to 596 companies in the first quarter, according to the government's new data.

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Textile exports up 5.67%

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Báo điện tử CP English 3 day(s) ago

VGP – Viet Nam gained US$5.13 billion from exporting textile in the first quarter of 2016, a year-on-year increase of 5.67%, according to the Viet Nam Customs.

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Current account deficit rises to $542M in 4Q15

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VietStock FI English 3 day(s) ago

Cambodia's current account balance deficit was the equivalent of $542 million in the fourth quarter of 2015, the equivalent of 11.5 per cent of GDP, the National Bank of Cambodia said in a report released yesterday.

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Thailand - top auto exporter to VN

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SaiGon GP English 5 day(s) ago

Thailand - top auto exporter to VN

Thailand has become Vietnam’s leading automobile exporter in the first quarter of this year, with a volume of more than 7,800 units, a 64.5 percent increase compared with the same period last year.

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Vietnam April inflation at 4-year high

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Báo Thanh Niên English 5 day(s) ago

Vietnam April inflation at 4-year high

Vietnam's inflation rate in April was 0.33 percent, the highest month-on-month increase since 2012, with the prices of most goods and services rising, according to the government's new data.

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Vietnam's seafood exports set to grow 6.3 percent this year after sharp fall

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Báo Thanh Niên English 6 day(s) ago

Vietnam's seafood exports set to grow 6.3 percent this year after sharp fall

New free trade deals with EU and Asian markets are expected to increase Vietnam’s seafood exports to more than US$7 billion this year, a trade group said.

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Export growth pushes up local rice prices

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SaiGon GP English 1 week(s) ago

Export growth pushes up local rice prices

The first quarter rice export was up nearly 58 percent in volume and 51 percent in value over the same period last year to hit US$1.4 million tons and US$577 million under FOB (free on board) term, reported the Vietnam Food Association (VFA).

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NBC reveals interbank fund payment service

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VietStock FI English 1 week(s) ago

The National Bank of Cambodia will launch a new payment system to increase inter bank activity in a move to shore up confidence in the Kingdom’s rapidly expanding banking sector, it said in a press release yesterday.

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Confusion over regulation results in reimbursements

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Báo Đầu Tư English 1 week(s) ago

Confusion over regulation results in reimbursements

The Ministry of Finance is likely to reimburse the tax arrears collected from numerous firms on income generated by additional investment during the period of 2009-2013.

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Short tenor bonds surge in first quarter

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Báo Đầu Tư English 1 week(s) ago

Short tenor bonds surge in first quarter

In the first quarter of this year, the total traded value of bonds and bills in the secondary market via outright and repo transactions was VND258.99 trillion ($11.6 billion), up by nearly 30 per cent from the start of the quarter, and up 9.45 per cent compared to the same period last year. Although outright transactions declined 5.69 per cent year-on-year, they still dominated the secondary market, contributing 63.16 per cent of the total transaction volume, equal to VND163.57 trillion...

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Vietnam plans merger of stock exchanges to boost market: report

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Báo Thanh Niên English 2 week(s) ago

Vietnam plans merger of stock exchanges to boost market: report

Vietnam's stock regulators are planning to merge its two bourses in Hanoi and Ho Chi Minh City in an effort to increase local market's transparency and attract more foreign investors, local media reported on Monday, citing a senior official.

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Steel supply abundant, prices down

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SaiGon GP English 2 week(s) ago

Steel supply abundant, prices down

According to the Vietnam Steel Association (VSA), steel prices have reduced by VND100,000-200,000 a ton after a briefly sudden increase in mid-March.

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M&A information to be released

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Báo Đầu Tư English 3 week(s) ago

M&A information to be released

Information related to mergers and acquisitions (M&As) of credit institutions is awaited as the season of annual shareholders' meetings is around the corner.

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