10trln VND for developing industry, support industry in HCMC

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SaiGon GP English 6 day(s) ago

Industry and support industry enterprises in Ho Chi Minh City will have chance to access a credit package worth 10 trillion VND (439.7 million USD) in a programme launched by the municipal Department of Industry and Trade and the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank).

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Pitfalls in hi-tech agricultural investment

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Báo Đầu Tư English 1 week(s) ago

Investments into hi-tech agriculture are increasing, however, besides caring about whether they are going to enjoy cheaper capital and preferential policies, investors should make sure there is a market for hi-tech agricultural products.

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Gov’t discusses measures to address bad debt, weak credit institutions

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Báo điện tử CP English 1 week(s) ago

VGP – PM Nguyen Xuan Phuc on April 11 chaired a Government’s meeting on law establishment to discuss the Law project on restructuring credit organizations and addressing bad debt, and suggestions on amending and supplementing laws related to the Planning Law.

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Laws urgently needed for bad debt settlements: PM

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Báo Đầu Tư English 1 week(s) ago

Streamlining legal regulations and making a specific law on restructuring of credit institutions and settling bad debts are very necessary and must be done urgently, Prime Minister Nguyễn Xuân Phúc said.

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VNREA pushes for low-cost housing policy

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Báo Đầu Tư English 2 week(s) ago

The Việt Nam Real Estate Association (VNREA) has again proposed that the government formulate policies for developing small, inexpensive apartments smaller than 75sq m and cheaper than VNĐ15 million per sq m.

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HSBC faces customer backlash for high fees and poor services

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Báo Đầu Tư English 1 month(s) ago

Beside overpriced service fees, HSBC has received several complaints about the staff’s unfriendly attitude from its customers.

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Gov’t releases resolution on February regular meeting

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Báo điện tử CP English 1 month(s) ago 5 related news

VGP – Production acceleration, supervision of SOEs, more credit for high-tech farming topped the Government’s February regular meeting.

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Oceanbank’s 48 former leaders go on trial in big economic case Hanoi court to trial large corruption case at Oceanbank soon

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SaiGon GP English 2 month(s) ago 1 related news

The People’s Court of Hanoi today opens the first court of instance to hear the big economic case at Oceanbank involving 48 former leaders and employees of the bank for breaking loan regulations in activities of credit institutions, abusing their positions and power while being on duty and deliberately breaking state regulations on economic management causing serious consequences.

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Nearly 480,000 households without housing in HCM City

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Báo Đầu Tư English 2 month(s) ago

The Ho Chi Minh City Department of Construction has recently announced the results of a survey conducted on the status of housing in order to meet demand in the southern city.

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Hanoi court to trial large corruption case at Oceanbank soon

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SaiGon GP English 2 month(s) ago

The Hanoi People’s Court will open the court of first instance, expected to last about a month, to rule on 48 offenders in a big corruption case drawing public attention at Oceanbank on February 27th.

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More ex-bankers arrested as Vietnam probes new bank loss

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Báo Tuổi Trẻ English 3 month(s) ago

Two ex-leaders of a former Vietnamese bank and seven other people have been arrested in connection with an investigation into massive losses caused by wrongfully granted loans under their leadership, police said on Tuesday.

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Former bank leaders prosecuted, held in custody

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SaiGon GP English 3 month(s) ago

Economic Crime and Corruption Investigation Agency under the Ministry of Public Security last night decided to prosecute and hold in custody seven former leaders of Dai Tin Bank, which has been renamed Vietnam Construction Bank (VNCB).

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"Special" law to boost bank restructuring

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Báo Đầu Tư English 3 month(s) ago

The State Bank of Viet Nam (SBV) will co-operate with relevant agencies to map out a "special" law to boost bank restructuring and settle bad debts in 2017, according to SBV Governor Le Minh Hung.

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Gov’t urges developers to balance supply, demand

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Báo Đầu Tư English 3 month(s) ago

Deputy Prime Minister Trinh Dinh Dung asked the construction industry to tighten property development management to prevent an imbalance in supply and demand that could trigger a market bubble.

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DPM: int’l belief in VN rises

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Báo điện tử CP English 4 month(s) ago

VGP – The international community having positive comments on Viet Nam’s economy with high growth prospects and Moody's credit rating for Viet Nam setting at B1 with stable outlook have helped increase foreign investment in Viet Nam while the global investment decreased 10-15%.

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