ANZ awarded Innovator in Transaction Services for Greater Mekong region

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Báo Đầu Tư English 1 week(s) ago

ANZ awarded Innovator in Transaction Services for Greater Mekong region

ANZ has been singled out for its product innovation in the “The Innovators” special June edition of Global Finance magazine.

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South Korean cargo line aims to double shipments

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VietStock FI English 1 week(s) ago

South Korean cargo line aims to double shipments

The volume of goods shipped has grown steadily in the three months since South Korean sea shipping line Hyundai Merchant Marine began calling at Sihanoukville port, and cargo s are expected to double in the coming month, a local company representative said yesterday.

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IMF sees U.S. economy in 'good shape', too many in poverty

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IMF sees U.S. economy in 'good shape', too many in poverty

The International Monetary Fund said on Wednesday the U.S. economy was "overall in good shape," with growth set to regain momentum despite an overvalued dollar, but it warned that too many Americans were dropping out of the workforce or living in poverty.

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SeABank wins Best SME Services Bank VN 2015

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Báo điện tử CP English 1 week(s) ago

SeABank wins Best SME Services Bank VN 2015

VGP – The United Kingdom’s Capital Finance International (CFI.Co) has presented the ‘Best small and medium-sized enterprise (SME) Services Bank Viet Nam 2015’ award to the Southeast Asia Joint Stock Commercial Bank (SeABank).

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Vietnam imports 100,000 tons of sugar to stabilize market

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SaiGon GP English 1 week(s) ago

The government asked the Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development to import a quantity of sugar to meet the demand and now it should buy 100,000 tons of sugar.

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Energy stocks lift local markets

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Báo Đầu Tư English 1 week(s) ago

Energy stocks lift local markets

Vietnamese shares struggled to extend gains in the early session, even though energy stocks were up, following investors' cautiousness ahead of Thursday's referendum on Britain's membership in the European Union.

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Greece to get EU bailout tranche Tuesday: Officials

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Greece to get EU bailout tranche Tuesday: Officials

European Commission chief Jean-Claude Juncker, who is on a visit to Greece told Greek President Prokopis Pavlopoulos: "The ESM payments will take place today."

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Catfish exports to U.S. face higher anti-dumping duty

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SaiGon GP English 1 week(s) ago

Catfish exports to U.S. face higher anti-dumping duty

Frozen catfish exporters to the U.S. will face higher anti-dumping tax as the U.S. Court of International Trade has decided to select Indonesia as surrogate country for catfish from Vietnam in the latest anti-dumping lawsuit.

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Small size, low cost Indian auto import skyrockets

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SaiGon GP English 1 week(s) ago

Small size, low cost Indian auto import skyrockets

Over 3,500 low cost automobiles were imported to Vietnam from India in May, a 20 time increase compared to February when the number touched 180, reported the Ministry of Industry and Trade.

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VinaCapital funds sell DHG shares

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Báo Đầu Tư English 1 week(s) ago

VinaCapital funds sell DHG shares

Two funds of Viet Nam-based investment and asset management firm VinaCapital will sell more than 6.3 million shares, or a 7.28 per cent stake, of DHG Pharmaceutical Joint Stock Company (DHG).

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Vietnamese firms yet to focus on TPP opportunities

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Báo Thanh Niên English 1 week(s) ago

Vietnamese firms yet to focus on TPP opportunities

Though the Trans-Pacific Partnership Agreement is looming, few Vietnamese businesses have plans to switch from subcontracting to direct exports or reduce their heavy reliance on feedstock imports or increase exports of processed goods to improve value addition.

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Banks offer credit for those with steady jobs

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VietStock FI English 1 week(s) ago

Banks offer credit for those with steady jobs

The number of banks offering advance salary loans has grown since Acleda Bank first introduced the concept in Cambodia in late 2013, though some financial institutions remain wary of offering the unsecured lines of credit.

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PPAP net profit up 26% in Q1

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VietStock FI English 1 week(s) ago

Listed port operator Phnom Penh Autonomous Port (PPAP) reported increases in both revenue and net profit during the first quarter of the year, it said in a filing to the Cambodian Securities Exchange (CSX) yesterday.

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Prices at the pump fall on new fuel price caps

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VietStock FI English 1 week(s) ago

The Ministry of Commerce yesterday marginally lowered the price caps on fuel sold at retail petrol stations across the Kingdom from June 22 to July 1.

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S.Korea's Woori Bank to form Vietnam unit by July

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Báo Thanh Niên English 1 week(s) ago

S.Korea's Woori Bank to form Vietnam unit by July

South Korea's Woori Bank expects to establish a Vietnam unit this month or in July, a bank official said on Tuesday, as part of the lender's plans to expand its network in the expanding market of Southeast Asia.

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