BIDV increases charter capital to $1.44b after MHB merger

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VietnamNet English 4 day(s) ago 3 related news

BIDV increases charter capital to $1.44b after MHB merger

The bank for Development and Investment of Viet Nam (BIDV) officially announced a 12 per cent rise in its registered capital from VND28.11 trillion (US$1.30 billion) to VND31.48 trillion ($1.44 billion).

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Blue chips mixed as stocks lose gains

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VietnamPlus English 4 day(s) ago

Stocks failed to sustain morning gains, with the benchmark VN-Index falling 0.26 percent to close the session at 591.5 points on July 1.

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Khanh Hoa considers suspending beach resort project

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VietnamPlus English 4 day(s) ago

The Department of Planning and Investment of central Khanh Hoa Province has proposed the provincial authorities consider withdrawing the investment licence of the 1.25 billion USD Phoenix Beach Resort Project since it failed to accumulate sufficient capital on time.

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Fishermen need loans to update boats

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VietnamPlus English 4 day(s) ago

The Deputy Minister of Agriculture and Rural Development Tran Thanh Nam has urged the speedier disbursement of bank loans to thousands of fishermen in need of modern boats and cutting-edge technology.

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Ministry looks to short-term G-bonds

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VOV News English 4 day(s) ago 2 related news

Ministry looks to short-term G-bonds

The Ministry of Finance plans to ask the National Assembly for permission to focus on the issue of five-year Government bonds instead of those with longer terms as originally planned.

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BIDV increases charter capital to $1.44b after MHB merger

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Báo Đầu Tư English 4 day(s) ago 3 related news

BIDV increases charter capital to $1.44b after MHB merger

The bank for Development and Investment of Viet Nam (BIDV) officially announced a 12 per cent rise in its registered capital from VND28.11 trillion (US$1.30 billion) to VND31.48 trillion ($1.44 billion).

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Housing investors must get banks' guarantee: Circular

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Báo Đầu Tư English 4 day(s) ago

Housing investors must get banks' guarantee: Circular

Housing investors must obtain a financial guarantee from commercial banks before they will be permitted to transfer property to home buyers or renters, from August 9 onwards.

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$1.3 billion in ODA mobilised for power development

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VietnamNet English 4 day(s) ago 2 related news

The National Power Transmission Corporation has mobilised 70.65 trillion VND (3.36 billion USD), including 1.3 billion USD of official development assistance (ODA), in the past five years for its power projects.

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US$1.3 billion in ODA mobilised for power development

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VOV News English 4 day(s) ago 2 related news

US$1.3 billion in ODA mobilised for power development

The National Power Transmission Corporation has mobilised VND70.65 trillion (US$3.36 billion), including US$1.3 billion of official development assistance (ODA), in the past five years for its power projects.

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Ace buys rival insurer Chubb for $28.3 billion

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Báo Đầu Tư English 4 day(s) ago

Ace buys rival insurer Chubb for $28.3 billion

New York (AFP) - Swiss insurer Ace Ltd. announced Wednesday it is buying US rival Chubb in a $28.3 billion cash and stock deal that will create a dominant player in property and casualty insurance.

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Minister cautiously optimistic about GDP’s 5-year high

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VietnamNet English 4 day(s) ago

Minister cautiously optimistic about GDP’s 5-year high

VietNamNet Bridge - Vietnam’s GDP in the first six months of the year reached a 5-year high, and inflation stood at a 10-year low. But the Minister of Planning and Investment Bui QuangVinh said the national economy’s growth was still at risk because of a high trade deficit with China and a petrol price increase.

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Vietnam’s stock market quiet after Greece debt crisis

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VietnamNet English 4 day(s) ago

Vietnam’s stock market quiet after Greece debt crisis

VietNamNet Bridge - The news from Greece has affected the world market, but the Vietnamese stock market remained stable thanks to good news about the unlimited foreign ownership ratio in Vietnamese companies.

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As banks increase lending to property sector, fear of bubble returns

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Báo Thanh Niên English 4 day(s) ago

As banks increase lending to property sector, fear of bubble returns

Many banks have stepped up lending to the housing sector amid a revival in the market, bringing uncomfortable reminders of the property bubble that burst not too long ago.

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Thriving real estate market in HCM City

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VietnamPlus English 4 day(s) ago

Ho Chi Minh City has seen a swift recovery in the properties and real estate market, said commercial real estate services and investment firm CBRE Vietnam Co. Ltd at a conference held on June 30 in the southern economic hub.

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Hi-tech shrimp farming in Binh Dinh

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VietnamPlus English 4 day(s) ago

The Viet Uc Group, Vietnam’s leading shrimp fry supplier, will invest about 800 billion VND (3.67 million USD) in a hi-tech intensive shrimp farming zone in central Binh Dinh province’s Phu My district.

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