Tag: Sacombank
LookAtVietnam – Commercial banks are proposing the ceiling interest rate scheme is removed, saying it has caused major difficulties in capital mobilization and lending.
According to the governor of the State Bank of Vietnam Nguyen Van Giau, five out of 16 banks in HCM City have been found to have outstanding loans double the mobilized capital of the interbank... Read more
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Milk prices slide, farmers see losses; Overseas remittances down 12.8%, says State Bank; Hanoi to host int’l trade, investment fair; Businesses optimistic about economic development in 2010; Coffee exports hit record high
Milk prices slide, farmers see losses Dairy farmers in Ho Chi Minh City’s Cu Chi District January 8 said they have been forced... Read more
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Garments machinery, accessories on show in HCM City; Sacombank Securities prepares for IPO; Vietnam, France entrepreneurs boost cooperation
Over 60 companies from 14 countries and territories worldwide are displaying their machinery and accessories that are used in the garments and textiles industry at an exhibition in Ho Chi Minh City. The exhibition,... Read more
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Online traders at Sacombank Jewelry Companyâs gold exchange in Ho Chi Minh City
Gold exchanges are the big winners in the mad rush to gamble on changes in the yellow metalâs price.
Gold fever is sweeping Vietnam.It manifests itself in the burgeoning number of gold exchanges and the countless thousands of... Read more
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Vietnamâs inflation may accelerate to 6.2 percent by year-end from the slowest pace since 2002 amid higher gasoline prices, according to Sacombank Securities Inc.
Consumer prices rose 2 percent in August from a year earlier, the weakest pace since January 2002. Other recent analyst reports have also predicted... Read more
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LookAtVietnam – Many domestic banks are redoubling their efforts to expand their networks of branches, which they did intensively in 2007 but partially abandoned in 2008.
Both domestic and foreign banks have entered upon a new race to expand their networks with a lot of new branches opened recently. HDBank, for example, put eight branches in HCM City,... Read more
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Customers shop for mooncakes in Ho Chi Minh City during the Mid-Autumn festival last year.
Vietnamâs three biggest listed confectionery makers will rally in coming weeks ahead of the Mid-Autumn Festival, according to Sacombank Securities Inc.
Vietnamese traditionally give mooncakes to family and friends during... Read more
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While financial insurance products are very popular in the world, apparently no Vietnamese banker has thought of focusing on developing these services yet, why?
Recently, Prudential Vietnam (PVN) and Sacombank announced a cooperation programme for life insurance products of PVN and consumer loaning services of Sacombank. If people who take out consumer... Read more
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RoK retailer plans to open supermarket in Vietnam; Vietnam, Indonesia work together in fisheries; Vietnamese banks target foreign markets; VN develops outlets, investment projects in Laos
The Republic of Korea’s leading retailer the Lotte Shopping Company, on July 22 announced plans to set up its first supermarket in Vietnam in 2013. Lotte has signed... Read more
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The Ho Chi Minh Stock Exchange may gain about 10 percent by the yearâs end, buoyed by strong earnings and improving global sentiment, Vietnam Lotus Fund Ltd. said.
The countryâs benchmark VN-Index may reach 475, from a previous forecast of 425, Kevin Snowball, chief executive of PXP Vietnam Asset Management,... Read more
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