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Vietnam > Finance

APEC FMM set to convene in Hội An

19/10/2017 09:17 | 0 comments

The APEC Finance Ministers’ Meeting and related meetings (FMM) will begin on Thursday in the ancient city of Hoi An, the central province of Quang Nam, chaired by the Vietnamese Ministry of Finance (MoF).

Cambodia > Finance

Riel loan interest rates on par with dollar counterparts

19/10/2017 07:48 | 0 comments

Interest rates for microfinance loans issued in Cambodian riel have decreased to the same level as those given in US dollar, a change industry insiders claim is an upside for circulation of the local currency that is being driven in part by the 18 percent interest rate cap imposed by the central bank in April.

Vietnam > Finance

Risks involved in interest cut

18/10/2017 13:31 | 0 comments

The current interest rate levels have been deemed appropriate for the time being, according to experts, and any attempt to further cut rates could impose unnecessary risks to Vietnam’s overall macro-economic stability in the medium term.

Vietnam > Finance

BIDV to launch 24 hour e-tax payment service

18/10/2017 13:22 | 0 comments

The Bank for Investment and Development of Viet Nam (BIDV) will be one of the first commercial banks in Viet Nam to co-operate with the General Department of Customs to provide 24 hour e-tax payment service.

Vietnam > Finance

Vietcombank, SMF promote co-operation

18/10/2017 13:21 | 0 comments

The Bank for Foreign Trade of Viet Nam (Vietcombank) and Singapore Manufacturing Federation (SMF) on Tuesday signed a comprehensive co-operation agreement in Ha Noi.

Cambodia > Finance

Cambodia’s central bank releases 40 billion riel

18/10/2017 11:03 | 0 comments

The National Bank of Cambodia yesterday held its 13th liquidity-providing collateralised operation, making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 2 billion riel ($500,000).

Cambodia > Finance

USAID to finance agriculture projects

18/10/2017 11:02 | 0 comments

USAID’s Development Credit Authority (DCA) announced that it will make as much as $15 million in financing available to support agricultural development in four Cambodian provinces through partnerships with multiple financial institutions.

Vietnam > Finance

Korean M&A wind blows into finance

17/10/2017 15:58 | 0 comments

Unions between Korean financial institutions and Vietnamese securities or asset management firms are on trend, with visible upsides for both parties. One side is bringing significant financial resources and expertise, while the other carries a market with great potential and growth opportunities to the match.

Vietnam > Finance

Proposed VAT on land transfer under fire

17/10/2017 13:41 | 0 comments

The Ministry of Finance’s proposal to impose 10 per cent value added tax (VAT) on the transfer of land use rights has met with objections, as it might increase land prices.

Vietnam > Finance

Foreign customer “accuse” MIC of delaying insurance settlement

17/10/2017 07:46 | 0 comments

Vietnam Investment Review has received a letter from director general of Julie Sandlau Vietnam Co., Ltd. (JSV), Soren Roed Pedersen (Denmark), about a host of undesirable procedural difficulties in claiming insurance compensation from Military Insurance Corporation (MIC).

 
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