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Banks earmark big credit lines for fishermen
Friday,  Aug 29,2014,22:55 (GMT+7)
HCMC – The Bank for Investment and Development of Vietnam (BIDV) said it will offer a credit line of VND15 trillion with preferential interest rates for fishermen in the 2014-2017 period, in line with a Government decree to support aquaculture development.
Vietnam weighs US$1-billion int’l bond issue
Friday,  Aug 29,2014,22:54 (GMT+7)
HANOI – Vietnam is mulling issuing around US$1 billion worth of Government bonds on international capital markets for debt rescheduling, Minister and Chairman of the Government Office Nguyen Van Nen said at a news briefing in Hanoi on August 28.
15-year-olds can open bank accounts
Wednesday,  Aug 27,2014,20:47 (GMT+7)
SBV yet to mull deposit rate ceiling cut
Wednesday,  Aug 27,2014,20:45 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has no plans to lower the ceiling interest rate for short-term deposits in the local banking system, a source told the Daily on August 26 afternoon.
HNX reports State Treasury bill sales of VND21 trillion
Tuesday,  Aug 26,2014,23:52 (GMT+7)
HCMC – State Treasury bills transacted on the Hanoi Stock Exchange (HNX) have hit nearly VND21 trillion over the past two years, accounting for nearly 2% of the total government bond transaction value.
Foreign-currency credit jumps in city
Monday,  Aug 25,2014,20:36 (GMT+7)
Inter-bank rates tend to rise
Friday,  Aug 22,2014,13:44 (GMT+7)
HCMC – The average interest rates on the inter-bank market last week rose for all tenures, according to the central bank’s report.
Moody’s upgrades BIDV’s deposit, issuer ratings
Tuesday,  Aug 19,2014,16:39 (GMT+7)
HCMC - Moody’s has upgraded the domestic currency deposit and foreign currency issuer ratings of the Bank for Investment and Development of Vietnam (BIDV) by one place to B1.
Banks report high bad debt in first half
Monday,  Aug 18,2014,20:20 (GMT+7)
HCMC – Banks’ consolidated earnings results in the first half of the year show an increase of bad debts and high risk provisions.
Local gold consumption takes nosedive
Monday,  Aug 18,2014,20:16 (GMT+7)
HCMC – Domestic consumption of gold bars and jewelry in the second quarter of the year plunged to 19.3 tons from the 33.4 tons recorded a year ago, according a report by the World Gold Council.
Local currency firmer against greenback
Thursday,  Aug 14,2014,08:58 (GMT+7)
HCMC – The value of Vietnam dong has risen against the U.S. dollar since early this week and compared to the time the central bank adjusted up the dong-dollar exchange rate by 1% in mid-June and allowed banks to sell the greenback at higher prices in mid-July.
Bad debt in city up
Tuesday,  Aug 12,2014,16:27 (GMT+7)
HCMC – Bad debt at credit institutions in HCMC grew in the first months of this year and the irrecoverable loans accounted for a large proportion of total bad debt in the city, according to a recent report sent by the HCMC government to the central bank.
Aid packages remain out of SMEs’ reach
Tuesday,  Aug 12,2014,00:32 (GMT+7)
HCMC - Small and medium enterprises (SMEs) have found it difficult to benefit from the Government’s financial assistance packages, heard a seminar held by the 2030 Businessmen Club in HCMC last week.
City firms take out VND20 trillion of soft loans
Tuesday,  Aug 12,2014,00:29 (GMT+7)
HCMC – Many enterprises in HCMC have borrowed preferential loans amounting to a combined VND20 trillion within the bank-business connectivity program organized by local authorities.
Local governments raise VND17 trillion from bond sales
Friday,  Aug 8,2014,17:50 (GMT+7)
HCMC – Bao Viet Securities Company (BVSC) has estimated the value of the bonds issued by local governments at VND17 trillion with commercial banks being the biggest buyers.
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Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
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