Foreigners offload Vietnamese bonds, shares
Tuesday,  Mar 31,2015,21:15 (GMT+7)
HCMC – Foreigners net sold nearly VND1.7 trillion (over US$78.2 million) worth of government bonds last week, the highest level in four months, according to the Hanoi Stock Exchange (HNX).
BIDV picked for on-lending US$500 million power project
Monday,  Mar 30,2015,19:44 (GMT+7)
HANOI – The Ministry of Finance signed a contract in Hanoi last week allowing the Bank for Investment and Development of Vietnam (BIDV) to lend on to the transmission efficiency project (TEP) using a US$500 million loan from the World Bank (WB).
Firms borrow to pay social insurance
Friday,  Mar 27,2015,16:16 (GMT+7)
HCMC – Twenty enterprises in the northern province of Hai Duong have taken out loans totaling VND30 billion (US$1.4 million) from the Bank for Investment and Development of Vietnam (BIDV) to pay social insurance for their employees, according to BIDV’s Hai Duong branch.
Two bankers eye seats on Eximbank board
Friday,  Mar 27,2015,16:15 (GMT+7)
HCMC – Two former leaders of NamA Bank, Tran Ngo Phuc Vu and Tran Ngoc Tam, now represent this bank’s share holdings at the Vietnam Bank for Export and Import (Eximbank) and are expected to run for board membership at Eximbank’s upcoming general meeting.
SBV says to prioritize forex rate stability
Friday,  Mar 27,2015,00:37 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) said on March 25 it would continue to ensure the stability of the exchange rate between the local dong and the U.S. dollar in the wake of volatility on the forex market.
Exchange rate close to upper limit
Wednesday,  Mar 25,2015,20:39 (GMT+7)
HCMC – Local banks on March 24 continued devaluing the Vietnam dong currency against the greenback, leading the exchange rate to get closer to the ceiling set by the central bank and sparking hearsay of a possible exchange rate adjustment.
ABBank, IFC support local SMEs
Monday,  Mar 23,2015,19:06 (GMT+7)
HCMC – ABBank and International Finance Corporation (IFC) clinched a cooperation deal last Friday to execute a project designed to improve the competitiveness of local small and medium-sized enterprises (SMEs).
Local-global gold price gap narrows down
Friday,  Mar 20,2015,12:36 (GMT+7)
HCMC – The disparity between domestic and global gold prices narrowed down yesterday as the two prices had moved in opposite direction for nearly a week.
No Government guarantees for finance organizations possible
Thursday,  Mar 19,2015,19:48 (GMT+7)
HANOI – The Ministry of Finance is considering lifting Government guarantees for finance and credit institutions as part of a scheme to cope with the public debt issue.
Exchange rate eases off strong rises
Wednesday,  Mar 18,2015,20:18 (GMT+7)
HCMC – The exchange rate between the U.S. dollar and the Vietnam dong currency fell strongly on March 17 after several days of inching up.
Jan-Feb credit growth put at 0.68%
Wednesday,  Mar 18,2015,19:34 (GMT+7)
HCMC – Credit growth in the first two months of 2015 was 0.68% while money supply also advanced around 2.67%, the State Bank of Vietnam (SBV) announced on its website on March 17.
Greenback rises further
Tuesday,  Mar 17,2015,17:01 (GMT+7)
HCMC – After strong rises last week, the exchange rate between the U.S. dollar and the domestic currency continued inching up on both formal and informal markets on March 16.
Exchange rate adjustment unlikely in short term
Monday,  Mar 16,2015,19:15 (GMT+7)
HCMC – Local experts said it is unlikely that the State Bank of Vietnam (SBV) will adjust up the exchange rate between the U.S. dollar and Vietnam dong by 1% in immediate future though the greenback rose considerably last week.
Lower deposit rates in sight
Friday,  Mar 13,2015,23:15 (GMT+7)
HCMC – Interest rates for Vietnam dong deposits at local banks are forecast to fall further as many lenders have lowered short-term deposit rates since the recent traditional Lunar New Year holiday, or Tet .
Global-local gold price gap rises to VND5.42 million
Thursday,  Mar 12,2015,20:37 (GMT+7)
HCMC – The difference between domestic and global gold prices widened to a staggering VND5.42 million per tael on March 11 as the two prices are moving in opposite directions.
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Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
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