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INTELLASIA FINANCE & BUSINESS NEWS - OCTOBER 26, 2022
FINANCE
Reference exchange rate down 5 VND on October 26
Overseas remittances to HCM City reach $4.78 billion in nine months
Banks make big hikes to short-term deposit interest rates
SSI Research: Savings and lending interest rates may continue to increase
How Well Are Insurtechs Plugging Vietnam's Coverage Protecction Gaps
ABBANK profit plummets in Q3
Shinhan Bank partners with FinCorp to help customers invest more easily
Maritime Bank pre-tax profit rises 47pct in Q3
Liquidity less abundant, Techcombank's CASA declines
HSBC hikes Vietnam growth forecast to 7.6pct
Looking through weaknesses to attract EU capital flows: report
Vietnam wires into global electronics
Fertiliser exports set new record
Exports of Vietnam's key items slump in September
Philippines not to impose safeguarding duties on HDPE from Vietnam
Dhaka-Hanoi trade can cross $2bn if trade gap narrowed
Draft code allows third parties to collect, use consumer info
Minister presents draft amended Law on Electronic Transactions
Waterway transportation agreement benefits Vietnam, Cambodia
Authorities seek investors' ideas for renewable energy price framework
Thua Thien Hue: More Aggressive for More Substantial Improvement in Business Environment
VN economy recovers, businesses expand retail network
Budget housing still in short supply
Green office to become major trend: experts
HCM City property retail market to recover
Retail giants eye expansion as economy looks up
BUSINESSBIZ NEWS
Banks drive VN Index up
Market shakes strongly, VN Index recovers thanks to blue-chip stocks
SGT to sell 74 million shares to current shareholders
Switzerland eyes stronger economic cooperation with HCM City
36 Danish groups seek investment opportunities in Vietnam
Innovation challenge seeks solutions to help Vietnam achieve prosperity
Infrastructure, human resources development crucial for Vietnam: US official
Hanoi looks to enhance economic partnership with UAE
MPI and Meta launch Vietnam Innovation Challenge 2022
Craft fair promoting OCOP products to take place in November
Air passengers may use chip-based ID for fast check-in
17th East Asia Inter-Regional Tourism Forum opens in Quang Ninh
172 firms have products recognised as 2022 national brands
Deputy PM checks public investment disbursement at tourism ministry
Binh Phuoc's 34 infrastructure projects require VND16.6 trillion
Can Gio international container terminal planned to supplement Cai Mep-Thi Vai
Lam Dong to provide funding to start-ups owned by young people
Loc Troi receives credit to expand high-quality paddy production
Vietnam exports first batch of processed chicken to Japan
The 9 Stellars wins at Vietnam Property Awards 2022
Second board member of Danang Housing detained
First auction finds no takers, business magnate's Rolls-Royce gets cheaper
Housing business boosts livestock firm Dabaco's profits
Please click here for details: Finance Vietnam News - October 26, 2022
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REMITTANCES TO HCM CITY RISE NEARLY 40% IN Q3
Remittances to HCM City reached more than US$2.83 billion in the third quarter of this year, up 39.5 per cent from the previous quarter and 3.6 per cent year-on-year. This was the first quarter showing positive annual growth this year, helping narrow the decline in remittance inflows over the first nine months. According to the State Bank of Vietnam (SBV)’s Regional Branch 2, remittances transferred to HCM City through credit institutions and economic organisations totalled $2.835 billion in Q3, an increase of more than $802 million from the previous quarter.
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HCM CITY ATTRACTS US$5.7 BILLION INTO EXPORT PROCESSING AND INDUSTRIAL ZONES
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