Business highlights – September 4-11

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Báo điện tử CP English 2 week(s) ago 4 related news

VGP - Nearly 140 Vietnamese businesses joining CAEXPO, Standard Chartered debuting credit cards in Viet Nam, Vietnamese carriers inking big deals with Airbus and Japan providing JPY11 billion loan for Viet Nam are economic highlights from September 4-11.

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63 Vietnamese to stand trial in major sports betting case

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Báo Thanh Niên English 1 month(s) ago

63 Vietnamese to stand trial in major sports betting case

Sixty three people will stand trial for involving in a massive sports betting ring in northern Vietnam, the highest prosecutor's office said on Wednesday.

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ANZ Bank customers swindled

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Báo Dân Trí English 1 month(s) ago

Two customers of ANZ Bank have questioned the bank's security after falling victims to a credit card fraud on the same day.

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SBV reassures people of Maritime Bank's operations

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Báo Đầu Tư English 1 month(s) ago

SBV reassures people of Maritime Bank's operations

The State Bank of Viet Nam (SBV) confirmed on August 15 that it has the full capacity to support and maintain the normal operation of credit institutions, ensuring the interests of consumers.

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Cutting interest rate is feasible in year end

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Báo điện tử CP English 1 month(s) ago 2 related news

Cutting interest rate is feasible in year end

VGP - Stable current liquidity in the banking system ensured money supply for the economy in 2016 and provides room for cutting interest rates in the rest of 2016, assessed a senior banking expert.

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Vietcombank blames phishing scam as customer loses $22,300 overnight

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Báo Tuổi Trẻ English 1 month(s) ago

A Vietcombank ATM cardholder has complained having lost VND500 million (US$22,321) in her account overnight earlier this month, with the lender claiming its customer was victim of a phishing scam.

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VAMC speeds up NPLs settlement

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Báo điện tử CP English 1 month(s) ago 2 related news

VAMC speeds up NPLs settlement

VGP – As much as VND 59.7 trillion of non-performing loans were handled in the first half of 2016, according to the Viet Nam Asset Management Company (VAMC).

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SBV sets key monetary policies by year end

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Báo điện tử CP English 2 month(s) ago 1 related news

SBV sets key monetary policies by year end

VGP – The State Bank of Viet Nam (SBV) will control credit growth and direct capital to areas of priority from now to the year end towards safety and effectiveness, said Governor of SBV Le Minh Hung.

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Vietnam restaurant fined for serving sago worms

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Báo Thanh Niên English 2 month(s) ago

Vietnam restaurant fined for serving sago worms

Palm weevil larvae served at the Mai An Tiem restaurant in the southern province of Ben Tre. Photo credit: Mau Truong/Tuoi Tre

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Vietnam busts illegal transport of 18 bear legs from Laos

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Báo Thanh Niên English 2 month(s) ago

Vietnam busts illegal transport of 18 bear legs from Laos

Some of the 18 frozen bear legs discovered on a bus in the central province of Thanh Hoa July 26, 2016. Photo credit: VnExpress

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2 arrested for running online sex rings in Vietnam

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Báo Thanh Niên English 2 month(s) ago

2 arrested for running online sex rings in Vietnam

Photos of sex workers in a ring run by Trinh Van Chuong. Photo credit: HCMC Police Department

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SBV keeps close watch on inflation

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Báo điện tử CP English 2 month(s) ago 6 related news

SBV keeps close watch on inflation

VGP – The State Bank of Viet Nam (SBV) will manage the monetary policies towards extricating difficulties for businesses with regard to inflation fluctuations.

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VND400,000 billion in credit balance for Mekong Delta

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Báo điện tử CP English 2 month(s) ago

VND400,000 billion in credit balance for Mekong Delta

VGP – As of June 31 this year, the Mekong Delta region had the total credit balance of nearly VND398,000 billion, a year-on-year increase of 3.39% and accounting for 8.2% of the whole economy’s credit balance.

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Bank for social policies benefit poor people

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Báo điện tử CP English 2 month(s) ago 2 related news

VGP – As of late June, the Viet Nam Bank for Social Policies (VBSP) supported nearly 6.8 million poor and near-poor households and people with merits.

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WB provides US$560 million to help VN adapt to climate change

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Báo điện tử CP English 2 month(s) ago 2 related news

WB provides US$560 million to help VN adapt to climate change

VGP - The World Bank (WB) and the State Bank of Viet Nam (SBV) on July 11 signed agreements on a loan and credit, worth US$560 million to support urban development, climate change adaption and sustainable livelihood in the Mekong Delta.

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