Vietjet, Boeing seal US$11.3 billion contract

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Báo điện tử CP English 4 day(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 4 day(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 week(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 week(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 2 week(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 3 week(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 3 week(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 3 week(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 1 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 1 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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Vietnam's top brokerage firm Kim Long to shut down amid competition

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Báo Thanh Niên English 1 month(s) ago

Vietnam's top brokerage firm Kim Long to shut down amid competition

Kim Long, one of Vietnam's top 20 brokerage houses, has announced its exit after 10 years of operation, citing poor business amid harsh competition.

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Circular tightens offshore borrowings

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Báo Đầu Tư English 1 month(s) ago

Circular tightens offshore borrowings

A circular containing new regulations on offshore borrowing took effect on April 15, expanding the central bank’s control over offshore borrowings to short-term loans. Doan Tu Tich Phuoc, lawyer at Duy Long Legal LLC, provides some insight on the topic.

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Seafood export reaches US$1.4 bil

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SaiGon GP English 1 month(s) ago

At a meeting with seafood companies in the Mekong delta on the breeding and seafood export on April 20, the Vietnam Association of Seafood Exporters and Processors (VASEP) said that after a long time difficulty, the country’s seafood export reached US$1.4 billion, 9 percent higher than same period last year.

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Local steel companies must become more competitive

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Báo Đầu Tư English 1 month(s) ago

Local steel companies must become more competitive

The application of trade defence instruments must ensure harmonisation of interests between producers and consumers in the long term, Ho Nghia Dung, president of the Viet Nam Steel Association said.

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Real estate M&As spiked in first quarter

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Báo Đầu Tư English 1 month(s) ago

Real estate M&As spiked in first quarter

The real estate market in Vietnam has seen groundbreaking merger and acquisition deals during this year’s first quarter, with the total monetary volume reaching several hundred million dollars.

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