SCIC says hard to transfer State stakes
Friday,  Jul 25,2014,10:49 (GMT+7)
HANOI – The State Capital Investment Corporation (SCIC), in a recent report on its operation in this year’s first half, said that it encountered many difficulties in receiving, selling and transferring State stakes.
BIDV MetLife venture gets license
Friday,  Jul 25,2014,10:19 (GMT+7)
HCMC - The Bank for Investment and Development of Vietnam (BIDV), BIDV Insurance Corporation (BIC) and MetLife Inc. have got a license from the Ministry of Finance to establish their life insurance joint venture in Vietnam.
New foreign currency rules for Vietnamese
Thursday,  Jul 24,2014,00:13 (GMT+7)
HCMC - The Government has issued a decree allowing Vietnamese people to deposit foreign currencies at local banks and withdraw the principal and interest in the currencies deposited.
BIDV expected to be among first foreign banks in Myanmar
Thursday,  Jul 24,2014,00:05 (GMT+7)
HCMC - The Central Bank of Myanmar has plans to grant investment licenses to the first 10 foreign banks in the third quarter of this year, and the Bank for Investment and Development of Vietnam (BIDV) is expected to have its name on the list.
Foreign funds seek to invest in local tech firms
Wednesday,  Jul 23,2014,23:39 (GMT+7)
HANOI - Two foreign investment funds Monk’s Hill Ventures and Digital Media Partners will look for opportunities to pour their money into new Vietnamese technology firms taking part in Tech in Asia Arena, which kicked off in HCMC yesterday.
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.
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Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
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