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Thursday, May 17,2012,14:58 (GMT+7)
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VietinBank aims for US$2 billion from int’l market
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Wednesday, May 16,2012,21:22 (GMT+7) |
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HCMC – Vietnam Bank for Industry and Trade, or VietinBank, plans to mobilize US$2 billion from the international market in the coming years, via multiple channels including international bond issuance, the bank’s top executive said. |
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Gold traders slump prior to trading decree
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Wednesday, May 16,2012,21:17 (GMT+7) |
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HCMC – Private gold traders and large firms have witnessed their businesses going down the tubes due to the new decree on gold trading control starting from May 25. |
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Exchange rate changes likely as dong up
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Monday, May 14,2012,23:10 (GMT+7) |
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HCMC – The Vietnamese dong currency is rising, so exchange rate adjustments may be in store, said economic experts of the National Institute for Finance at a conference in Hanoi last week. |
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VietinBank bonds snapped up by foreign investors
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Monday, May 14,2012,22:08 (GMT+7) |
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HCMC – The Vietnam Bank for Industry and Trade (VietinBank) has become the first local financial institution to successfully issue US$250 million worth of bonds in international markets at an annual real coupon of 8.25%. |
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Eximbank says Sacombank shares acquisition successful
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Monday, May 14,2012,22:05 (GMT+7) |
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HCMC – Leaders of Vietnam Export Import Commercial Bank (Eximbank) during its 27th annual general meeting last Saturday assured shareholders they will reap the rewards for investing in Saigon Thuong Tin Commercial Bank, or Sacombank. |
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Interbank rates down to three-year lows
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Saturday, May 12,2012,05:22 (GMT+7) |
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HCMC – Interest rates in the interbank market have dipped to the lowest levels in more than three years and local banks are facing excessive money supply on faltering credit demand. |
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Local gold prices keep falling
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Thursday, May 10,2012,22:01 (GMT+7) |
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HCMC – Gold prices in the local market continued to drop by over VND600,000 a tael on Wednesday morning following the freefall of the precious metal in the New York market on Tuesday night. |
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Construction, steel firms BIDV’s biggest debtors
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Wednesday, May 9,2012,21:20 (GMT+7) |
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HANOI - Construction and steel sectors have the most overdue loans in the Bank for Investment and Development of Vietnam (BIDV), the lender said in a seminar last weekend. |
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Gold prices hit new low on strong selling
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Wednesday, May 9,2012,20:33 (GMT+7) |
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HCMC – Despite a mild contraction of gold prices in foreign markets, the local market on Tuesday afternoon saw gold prices falling off the VND42 million/tael level and hit a record low this year due to increased selling. |
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SJC inaugurates jewelry factory
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Monday, May 7,2012,21:36 (GMT+7) |
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HCMC – Saigon Jewelry Holding Company (SJC) on Saturday officially opened its jewelry factory in the HCMC-based Tan Thuan Export Processing Zone. |
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