Banks still concerned about lending to SMEs
Monday,  Jul 21,2014,19:26 (GMT+7)
HCMC – Local credit institutions and foreign bank branches will remain cautious about lending to small and medium-sized enterprises (SMEs) in the third quarter of this year due to lingering risks, shows a recent survey conducted by the State Bank of Vietnam.
SCC to divest all stakes from eight firms
Friday,  Jul 18,2014,23:51 (GMT+7)
HCMC - Saigon Construction Corporation (SCC) will sell all its stakes at eight enterprises and reduce its holdings at three others, according to the company’s restructuring scheme for the 2013-2015 period.
City to issue VND3-trillion bonds in Q3
Thursday,  Jul 17,2014,09:57 (GMT+7)
HCMC - The HCMC government has plans to issue VND3 trillion worth of municipal bonds in the third quarter of this year to raise funds for projects in the city, including infrastructure development.
Domestic gold price edges down
Thursday,  Jul 17,2014,09:56 (GMT+7)
HCMC – The domestic gold price on July 15 lost a slight 0.1% against the previous day although the global price suffered the strongest decline since December 2013, at 2.4%.
SBV’s goal to support exports tested
Thursday,  Jul 17,2014,09:21 (GMT+7)
HCMC - The price of the Vietnam dong against the U.S. dollar on July 14 stayed lower than nearly a month ago when the State Bank of Vietnam (SBV) devaluated the local currency by 1%, raising concerns over the central bank’s policy of shifting to supporting exports.
ANZ: Vietnam’s FX reserves low in region
Thursday,  Jul 17,2014,09:19 (GMT+7)
HCMC - ANZ Bank said Vietnam’s foreign reserves hitting a record high of US$35 billion are lower than in regional countries.
Vinalines wants debt transferred to DATC
Friday,  Jul 11,2014,09:45 (GMT+7)
HANOI - Vietnam National Shipping Lines (Vinalines) has asked Debt and Asset Trading Company (DATC) to buy the VND11 trillion-plus debt it owes to credit institutions, and promised to do whatever it could to settle debt payment for the company under the Ministry of Finance.
Vietnam dong rises to three-week high
Friday,  Jul 11,2014,00:11 (GMT+7)
HCMC – The Vietnam dong currency rose to a three-week high against the U.S. dollar on July 9 after the central bank adjusted up the price of the dong by 1% on June 19.
Jan-Jun credit grows 3.52%
Thursday,  Jul 10,2014,00:14 (GMT+7)
HCMC – The nation’s credit growth rate was estimated at 3.52% in the first six months of this year while foreign reserves rose to a record high of around US$35 billion, according to the central bank.
Central bank loosens foreign currency credit to support economy
Monday,  Jul 7,2014,22:23 (GMT+7)
HCMC – The central bank on July 6 issued a statement confirming that it is loosening foreign currency credit amid low growth in Vietnam currency dong credit to stimulate economic growth.
Preferential loans for enterprises in districts 2 and 9
Friday,  Jul 4,2014,10:17 (GMT+7)
HCMC – Thirty-six enterprises and two cooperatives in HCMC’s districts 2 and 9 on July 3 signed agreements with five banks to take out loans totaling VND893.5 billion, with interest rates from 8% to 11% per year.
Gold price rises 5% in first half
Friday,  Jul 4,2014,00:00 (GMT+7)
NFSC: Foreign-currency liquidity under pressure
Thursday,  Jul 3,2014,15:30 (GMT+7)
HANOI – Falling interest rates for Vietnam dong loans have not caused adverse impact on deposits but banks are feeling the pinch of rising pressure on foreign-currency liquidity, according to the National Financial Supervisory Commission (NFSC).
G-bond sales hit VND20 trillion in June
Wednesday,  Jul 2,2014,23:58 (GMT+7)
HCMC – The State Treasury raised VND20 trillion worth of government bonds through 14 auctions organized on Hanoi Stock Exchange (HNX) last month, the news site Vietnamplus reports.
Foreign banks lend US$280 million to PV Gas
Wednesday,  Jul 2,2014,23:57 (GMT+7)
HCMC - PetroVietnam Gas Joint Stock Corporation (PV Gas) struck a deal in HCMC on July 1 to borrow US$280 million from a consortium of foreign banks led by Cathay United Bank to implement a major gas project in the country.
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Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
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