December 19, 2011
Vietnam needs to implement the restructure of both small and large banks in a drastic manner, an economist says. The central bank has approved the merger of three small banks – Ficombank, Saigon Commercial Bank, and Vietnam Tin Nghia Bank – that are mired in liquidity problems. The restructure of banks will continue for the [...]
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July 16, 2011
Sacombank, Vietnam’s fifth largest partly private lender by assets, has rejected rampant rumors that the bank could be acquired by an investor. The rumors started circulating at the end of last month as more than 25 million STB shares changed hands on the Ho Chi Minh Stock Exchange from June 29 to July 8. [...]
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November 30, 2009
LookAtVietnam – Export companies are delighted by the new decision by the State Bank of Vietnam to adjust the dong/dollar rate. The weaker dong means bigger profits. Ben Tre Seafood Import-Export Company (ABT) calculated that the company will make 800 dong in profit for every dollar’s worth of exports. They expect to operate well in [...]
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June 22, 2009
Ferocious undercutting combined with hefty payouts have battered big and small insurance companies alike. Passengers walk past the Ho Chi Minh City branch office of Bao Viet, Vietnam’s biggest insurerOverall premium revenue in Vietnam last year mainly came from the lucrative motor vehicle insurance policies, which were up nearly 25 percent from 2007, yet still [...]
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June 22, 2009
Passengers walk past the Ho Chi Minh City branch office of Bao Viet, Vietnamâs biggest insurer Ferocious undercutting combined with hefty payouts have battered big and small insurance companies alike. Overall premium revenue in Vietnam last year mainly came from the lucrative motor vehicle insurance policies, which were up nearly 25 percent from 2007, yet [...]
Tags: 10 Insurance, Avi General, Avi General Secretary, Before Maturity, clients, companies, Compensation Payouts, firms, Foreign, General Secretary, In The Bank, insurance, Insurance Companies, Insurance Firms, Insurance Policies, Insurers, Last year, Life Insurance, Life Insurers, money, Motor Vehicle, Motor Vehicle Insurance, Non Life, Non Life Insurance, payouts, percent, Percent From 2007, policies, possible, premiums, The bank, The insurance, The Insurance Companies, vehicle, Vehicle Insurance, Vietnam
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June 22, 2009
Passengers walk past the Ho Chi Minh City branch office of Bao Viet, Vietnamâs biggest insurer Ferocious undercutting combined with hefty payouts have battered big and small insurance companies alike. Overall premium revenue in Vietnam last year mainly came from the lucrative motor vehicle insurance policies, which were up nearly 25 percent from 2007, yet [...]
Tags: 10 Insurance, Avi General, Avi General Secretary, Before Maturity, clients, companies, Compensation Payouts, firms, Foreign, General Secretary, In The Bank, insurance, Insurance Companies, Insurance Firms, Insurance Policies, Insurers, Last year, Life Insurance, Life Insurers, money, Motor Vehicle, Motor Vehicle Insurance, Non Life, Non Life Insurance, payouts, percent, Percent From 2007, policies, possible, premiums, The bank, The insurance, The Insurance Companies, vehicle, Vehicle Insurance, Vietnam
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