Bad debts at $7b until March 31

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Báo Đầu Tư English 2 day(s) ago 1 related news

Total non-performing loans (NPLs) of the entire credit institutions (CI) system until March 31, 2017 were VND160 trillion (US$7 billion).

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NA action on debt pushes market up

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Báo Đầu Tư English 2 day(s) ago 1 related news

Shares advanced on Monday on strong support from the banking sector, following a new National Assembly resolution to resolve bad debt.

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TTC Group seeks to take over HAGL’s sugar business

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Báo Đầu Tư English 3 day(s) ago

Bien Hoa Sugar Joint Stock Company and Tay Ninh Sugar Joint Stock Company, two subsidiaries of TTC Group, will take over the sugar operation of Hoang Anh Gia Lai in a bid to make TTC Group the biggest sugar producer in Vietnam in terms of output.

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Tentative banks slow hi-tech agricultural credit package

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Báo Đầu Tư English 3 day(s) ago

There is a VND130-140 trillion ($5.72-$6.16 billion) credit package for hi-tech agricultural projects, however, few firms have been able to access it due to cautious banks.

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Lotte Vietnam on losing streak since operations began

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Báo Đầu Tư English 2 day(s) ago

Since entering the Vietnamese market in 2006, Lotte Mart Vietnam has never had profit.

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Vietnam’s 2015 budget overspend tops $3.88bn: audit

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Báo Tuổi Trẻ English 3 day(s) ago

The Vietnamese government’s total expenditure in 2015 was nearly US$4 billion more than budget estimates, a state audit has revealed.

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Ratings upgrade drives Jakarta’s stock to life-high; Vietnam ends at over 9-yr high

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Báo Tuổi Trẻ English 5 day(s) ago

Indonesian shares vaulted to a record high on Friday, notching their biggest weekly gain since March, after Standard & Poor's (S&P) raised the country's sovereign bond ratings to investment grade, a move long awaited by investors and the government.

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EU to inspect VN seafood exporters

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Báo Đầu Tư English 6 day(s) ago

The European Union (EU) will send a delegation to Viet Nam in June to inspect the country’s food safety control system for seafood products exported to the EU.

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Bank security lacking: SBV

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Báo Đầu Tư English 6 day(s) ago

In light of recent widely reported cases of banking fraud related to automatic teller machine (ATM) transactions, the State Bank of Việt Nam (SBV) has advised the public to remain calm and adhere to banks’ regulations, while urging the banks to plug security holes.

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CJ’s road to dominance in Vietnamese food sector

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Báo Đầu Tư English 14 hour(s) ago

With its recent acquisition of Cau Tre Export Goods Processing Joint Stock Company, South Korean conglomerate CJ is one step closer to playing a crucial role in the Vietnamese processed food sector. However, the earlier failure in the race to control major player Vissan is going to pose a challenge.

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Asset Magazine lauds Citi and Citi Vietnam as the banks to go

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Báo Đầu Tư English 15 hour(s) ago

Leading industry publication Asset Magazine announced the 2016 winners of its annual poll. Accordingly, Citi Vietnam was the Best Corporate and Institutional Bank in 2016, and Citi was the Best Bank in the Asia-Pacific, as well as the Best Corporate and Institutional Bank and the Best Digital Bank in Asia.

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Blue chips push up VN Index

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Báo Đầu Tư English 3 day(s) ago

The benchmark VN Index rose 1.2 per cent to 742.63 points on Monday morning as large-cap stocks continued their rise, giving the market solid momentum.

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Cuu Long Petro Gas Service - Transportation strives to satisfy shareholders

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Báo Đầu Tư English 6 day(s) ago

With the season of annual shareholders’ meeting coming in, the leaders of hundreds of companies are working to organise a successful meeting. Cuu Long Petro Gas Service-Transportation is no different.

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Depositors to hit jackpot with BAC A BANK

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Báo Đầu Tư English 7 day(s) ago

Depositors are sure to bang their heads against the wall if they miss BAC A BANK’s new customer programme.

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Viet Nam airlines to launch Ha Noi-Dong Hoi daily flights

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Báo điện tử CP English 2 day(s) ago

VGP - Viet Nam Airlines will work with the Viet Nam Air Service Company (VASCO) to operate two daily return flights connecting Ha Noi and the central province of Quang Binh from May 29.

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