Quang Nam proposes to suspend operations of Besra Vietnam

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Báo Đầu Tư English 6 day(s) ago

Quang Nam proposes to suspend operations of Besra Vietnam

The Quang Nam Tax Department has proposed the relevant government authorities to revoke the investment certificate of Besra Vietnam’s two gold mines under Phuoc Son Gold Company Ltd. (PSGC) and Bong Mieu Gold Mining Company Ltd. (BMGMC), due to their long delay in paying VND430.7 billion ($19.3 million) in taxes.

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Cambodian stock exchange pitches IPO potential

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VietStock FI English 2 week(s) ago

In an effort to stir confidence into the Kingdom’s sleepy bourse, which has seen two new companies list in the past seven months, the Cambodian Securities Exchange (CSX) held a day-long conference to educate companies about the benefits of listing as an alternative for accessing capital.

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Local plastics firms hope to edge out market rivals

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Báo Đầu Tư English 3 week(s) ago

Local plastics firms hope to edge out market rivals

Vietnamese plastics firms have upped their game in the face of foreign competition.

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New SBV circular announced

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Báo Đầu Tư English 3 week(s) ago 1 related news

New SBV circular announced

Long-awaited amendments to Circular 36/2014/TT-NHNN regulating prudential ratios for the operations of credit institutions and foreign bank branches were officially issued on Friday afternoon, surprising many real estate insiders.

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Acleda gets $70M to support women

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VietStock FI English 3 week(s) ago

Acleda Bank signed an agreement in Bangkok yesterday with International Finance Corporation and the Goldman Sachs 10,000 Women initiative for a $70 million long-term loan project to support Cambodia’s small- and medium- enterprises (SME) owned by women.

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Vietjet, Boeing seal US$11.3 billion contract

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

VGP – Vetjet Aviation Joint Stock Company (Vietjet) and Boeing Group have signed a large-scale contract worth US$11.3 billion for 100 B737 MAX 200 airplanes.

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Fitch affirms Vietnam rating at ’BB-’ with a stable outlook

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Báo Dân Trí English 1 month(s) ago

Fitch affirms Vietnam rating at ’BB-’ with a stable outlook

Fitch Ratings ​recently affirmed Vietnam’s long-term foreign and local currency IDRs at ’BB-’ with a stable outlook.

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Fitch affirms VN at “BB-” outlook stable

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Báo điện tử CP English 1 month(s) ago

Fitch affirms VN at “BB-” outlook stable

VGP - Fitch Ratings affirmed Viet Nam's Long-Term Foreign-and Local-Currency IDRs at ‘BB-'with a Stable Outlook. The issue ratings on Viet Nam's senior unsecured Foreign- and Local-Currency bonds are also affirmed at 'BB-'. The Country Ceiling is affirmed at 'BB-' and the Short-Term Foreign-Currency IDR at 'B'.

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Domestic cement consumption increases more than 15 per cent

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Báo Đầu Tư English 1 month(s) ago

Domestic cement consumption increases more than 15 per cent

Cement and clinker consumption in the country grew over 15 per cent, to 24 million tonnes, from the beginning of this year, meeting 32 per cent of the year's target.

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Thailand’s rice clearance sale pose challenges to Vietnam market

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Báo Thanh Niên English 1 month(s) ago

Thailand’s rice clearance sale pose challenges to Vietnam market

Thailand’s plan to sell off its rice stockpile within two months has sparked concerns for Vietnamese rice exporters, many of whom have been already hitting bumps.

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Playing defensive: Time to hedge against rising uncertainty

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Báo Đầu Tư English 1 month(s) ago

Playing defensive: Time to hedge against rising uncertainty

March marked seven years of the US equity bull market. If the S&P500 index holds up until the end of May, investors will celebrate the second-longest bull market in US history. This begs the inevitable question: is this bull-run getting too long in the tooth? And, if so, how should we hedge against an eventual downturn?

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VN-Index may continue climb in Q2

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Báo Đầu Tư English 1 month(s) ago

VN-Index may continue climb in Q2

The VN-Index continues to move below the long-term growth trend (trend-line 1) and extend the medium-term trend (trend-line 3) which started in 2012, with the compound annual growth rate (CAGR) for the whole period at 12.8 per cent (as shown in the graph). To assess the market outlook of the VN-Index in the second quarter of 2016, we should start at its fundamental value.

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Major banks to lower lending rates

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Báo Dân Trí English 1 month(s) ago 1 related news

Major banks to lower lending rates

Prime Minister Nguyen Xuan Phuc and the State Bank of Vietnam (SBV) had called for the rate cuts, before the PM took part in a dialogue with enterprises in HCM City on April 29.

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Experts call Tay Ninh the bridge to ASEAN

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SaiGon GP English 2 month(s) ago

Experts call Tay Ninh the bridge to ASEAN

The southern city of Tay Ninh is the last point in the Cuu Long (Mekong River) Delta region but from the perspective of ASEAN connectivity the city is the starting point connecting Vietnam with the Southeast Asia region, said Phan Chanh Duong, lecturer of the Fulbright Economic Teaching Program.
Illustrative photo (Photo: Reuters)

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Banks ask SBV to delay stricter rules

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Báo Đầu Tư English 2 month(s) ago

Banks ask SBV to delay stricter rules

Commercial banks are recommending that the State Bank of Viet Nam (SBV) delay tightening of lending rules, as it could face difficulties once it takes effect on January 1, 2017.

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