Banks hike exchange rate again
	Friday,  May 17,2013,10:58 (GMT+7) HCMC – Local banks increased the dong-U.S. dollar exchange rate to over VND21,000 on Thursday afternoon, with Techcombank quoting the rate at the upper limit of VND21,036 per dollar.

Views differ over financial supervision role
	Friday,  May 17,2013,10:50 (GMT+7) HANOI – The national financial system is in trouble but an upgrade of the National Financial Supervisory Commission (NFSC) intended to cope with this is deadlocked.

BTMU completes payment for VietinBank shares
	Thursday,  May 16,2013,21:45 (GMT+7) HCMC – The Bank of Tokyo Mitsubishi UFJ (BTMU) last Friday completed payment of US$734 million, or nearly VND15.5 trillion, to acquire a 19.73% stake in Vietnam Bank for Industry and Trade (VietinBank).

Fecon Mining debuts on HOSE
	Thursday,  May 16,2013,21:42 (GMT+7) HCMC – Fecon Mining Joint Stock Company on Wednesday floated 26.8 million shares on the Hochiminh Stock Exchange (HOSE) at the reference price of VND24,000 each.

SBV to intervene in a weak bank
	Thursday,  May 16,2013,21:40 (GMT+7) HCMC – The State Bank of Vietnam (SBV) has presented to the Government eight solutions to restructure nine ailing banks, saying that it may take compulsory intervention in a bank in this group.

Jan-Apr credit growth put at 2.11%
	Thursday,  May 16,2013,21:37 (GMT+7) HCMC – By the end of April, outstanding loans had picked up 2.11% against end-2012, while bank deposits had increased 5.2%, said the State Bank of Vietnam (SBV).

Deposit rate ceiling should be lifted this year: expert
	Thursday,  May 16,2013,21:09 (GMT+7) HCMC – An expert on Monday said that deposit rate ceiling removal is not an instantaneous move but the central bank should consider removing this rate cap given positive signs this year.

Gold demand tumbles
	Thursday,  May 16,2013,20:58 (GMT+7) HCMC – As banks have seen the pressure of buying gold to settle arrears falling, demand for the precious metal has tumbled, leaving over 20,000 gold taels unsold in the recent three gold auctions organized by the central bank.

SBV cuts key policy rates, deposit rate unchanged
	Monday,  May 13,2013,20:17 (GMT+7) HCMC – The State Bank of Vietnam (SBV) has reduced key interest rates by one percentage point while deposit rates for tenors less than 12 months remain at 7.5% per annum.

AIA makes strong gains in Q1
	Monday,  May 13,2013,20:07 (GMT+7) HCMC – Life insurer AIA Vietnam in the first quarter of the year saw the value of new business up 65% versus the same period of 2012 while its annualized new premiums increased 40%.