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Search Results: 41 results for keyword "Vu Giang".
New product to insure success
06-11-2007 18:11
A new insurance product for domestic financial institutions could lift the sector to a higher level, but is expected to be slow to take off.
Insurers not deterred by stricter rules
17-10-2007 18:11
Tighter licencing restrictions are not deterring firms from attempting to enter Vietnam’s insurance sector. An MoF source said there had been numerous applications for new insurance businesses submitted by domestic and foreign entities since the new legal framework was released in early 2007.
Dollarisation a risk for local firms
09-10-2007 18:11
The predominance of US dollars in foreign trade transactions in Vietnam is a sign of the ‘dollarisation’ of the country, a phenomenon that prompts experts to urge locals to use foreign currencies more flexibly.
Dirty money threat leaves a dark stain
24-09-2007 18:11
There is real concern that Vietnam is increasingly being targeted by organised crime syndicates as a destination for money laundering. Kara Owen, the British embassy in Vietnam’s deputy head of mission, said that every year, at least $200 million in ill gotten funds from cannabis sales and human trafficking is funnelled through Vietnam.
State salaries excite banks
17-09-2007 18:11
Banks are in a hectic race to attract new customers following a move to pay state workers’ salaries directly into bank accounts. Prime Minister Nguyen Tan Dung wants to fight corruption, reduce cash payments and improve system efficiency with Directive 20/2007/CT-TTg issued on August 24.
Foreign insurers face a tall mountain to climb
05-09-2007 18:11
Foreign insurance firms are set to face higher hurdles if they want to soak up a bigger stake in Vietnam’s insurance companies.
Internet banking adds up for cross border trade
14-08-2007 17:59
Internet banking could drive Vietnam-China cross border trade to a new high.
Exchange rates may trip economy in 2007
09-05-2007 18:12
State Bank difficulties in managing foreign exchange rates over the past seven months could remain the biggest challenge to the economy in 2007, according to a United Nations economic survey.
Investors set to enjoy market’s golden touch
24-04-2007 18:12
Vietnam’s gold market continues to glimmer in investors’ eyes with local players much in demand.Nguyen Thanh Truc, director general of Agribank Jewellery Company, one of the largest bullion traders in domestic market, said the company was in discussion with several foreign banks including Bipielle Suisse Bank, Standard Chartered Bank and Japanese Mitsui Bank.
State Bank keeps dong steady against greenback supply
28-03-2007 18:12
Vietnam will keep the dong stable against the US dollar - despite increasing pressure from skyrocketing greenback supplies due to rising foreign indirect investment and discrepancies between dong and USD deposit interest rates, a State Bank official said last week.
Rising dong may hit exports
02-01-2007 18:12
The Vietnamese dong remained steady during 2006, but a recent sharp rise in the dollar supply could lead to an appreciation of the dong and negatively affect national export competitiveness.
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