Credit flow to remain poor despite VAMC: official

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SaigonTimes English 18 hour(s) ago

HANOI – Credit flow will remain stagnant because the upcoming Vietnam Asset Management Company (VAMC) will not be able to quickly resolve the problem of bad debt, said Chairman Vu Viet Ngoan of the National Financial Supervisory Commission.

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Lower interest rate hoped to encourage spending

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VietNam News English 3 day(s) ago

The lower deposit interest rate is expected to boost investments in the stock market, but the fact that billions of dong are sitting idly in investors' accounts tells a different story.

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Exports to India rise sharply

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VOV News English 4 day(s) ago

Exports to India rise sharply

(VOV) - April’s two-way trade turnover between Vietnam and India hit US$498.4 million, up 77.7 percent compared to the same period last year.

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Lending over 4 months up 2.1%

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VietNam News English 4 day(s) ago 2 duplicate news

Lending over 4 months up 2.1%

The outstanding loans given by commercial banks have increased 2.11 per cent since December, according to the State Bank of Viet Nam (SBV).

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Bird’s nest products granted safety certificate

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Báo QĐND English 5 day(s) ago

Bird’s nest products granted safety certificate

A batch of bird’s nest products made by the Yen Viet Joint-stock Company in southern Ninh Thuan province has been certified to be free of the avian influenza H5N1 virus and safe.

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Jan-Apr credit growth put at 2.11%

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SaigonTimes English 5 day(s) ago

HCMC – By the end of April, outstanding loans had picked up 2.11% against end-2012, while bank deposits had increased 5.2%, said the State Bank of Vietnam (SBV).

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Two urgent tasks to rescue economy

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SaigonTimes English 5 day(s) ago

HANOI – Two urgent tasks were given in the report on socioeconomic performance in January-April delivered at the 18th meeting of the Standing Committee of the National Assembly (NA) on Tuesday in a bid to prop up the economy.

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Value of transactions must be reported to the State Bank

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Hanoi Times English 5 day(s) ago

The Hanoitimes - On April 18, the Prime Minister issued Decision 20/2013/QD-TTg o­n high value transactions subject to report ("Decision 20").

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New guidance on goods traded by foreign-invested enterprises

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Hanoi Times English 5 day(s) ago 1 related news

The Hanoitimes - According to Circular 08/2013/TT-BCT issued o­n April 22 by the Ministry of Industry and Trade, foreign-invested enterprises are o­nly allowed in accordance with Investment Certificate, Business License, Retail Outlet Establishment Permit of such enterprises and relevant regulations.

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New guidance on goods trading by foreign-invested enterprises

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VietNam News English 6 day(s) ago 1 related news

New guidance on goods trading by foreign-invested enterprises

On April 22, the Ministry of Industry and Trade issued Circular 08/2013/TT-BCT. Accordingly, foreign-invested enterprises are only allowed in accordance with Investment Certificate, Business License, Retail Outlet Establishment Permit of such enterprises and relevant regulations.

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Ford Vietnam drives ahead

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Báo Đầu Tư English 1 week(s) ago 1 related news

Ford Vietnam drives ahead

Ford Vietnam reported strong growth in retail sales in April, a sign for continuous recovery this year.

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Automobile market drives sales up

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VietNam News English 1 week(s) ago 1 duplicate news 1 related news

Automobile market drives sales up

The Viet Nam automobile market was reported to be gradually heating up in recent months. However, the extent of the recovery remained unclear.

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Philippines stops buying live shrimp from Vietnam on disease fears

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Báo Thanh Niên English 2 week(s) ago 1 related news

Philippines stops buying live shrimp from Vietnam on disease fears

Shrimp farmers in Cau Ngang town in the Mekong Delta province of Tra Vinh prepare shrimp to sell to export firms

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Smuggled seafood from China kills domestic market

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SaiGon GP English 1 week(s) ago

Smuggled seafood from China kills domestic market

Do Thanh Lam, deputy head of the Market Management Board under the Ministry of Industry and Trade, said nearly 20 tons of smuggled sea food from China had been seized from April 26 to May 1.

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Vietnam participates in Paris Fair 2013

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Báo QĐND English 1 week(s) ago

Vietnam participates in Paris Fair 2013

Vietnamese businesses are participating in the ongoing 109th Paris Fair 2013 (Foire de Paris 2013), which is held in Paris from April 30 to May 12.

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