Refinery project developers fear low profits after drop in oil prices

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VietnamNet English 2 week(s) ago

Refinery project developers fear low profits after drop in oil prices

VietNamNet Bridge - Oil refinery projects have been progressing slowly, partly due to a drop in oil prices, but economists have called on the government to reconsider investments in the field.

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Vietnam's BIDV plans to sell 25 pct stake to foreigners

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Báo Thanh Niên English 1 month(s) ago

Vietnam's BIDV plans to sell 25 pct stake to foreigners

BIDV, Vietnam's second-largest partly private lender by assets, plans to sell a 15 percent stake to a strategic foreign partner and another 10 percent to an overseas financial investor, an executive said on Monday.

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VietinBank's gross profit seen down at $342 mln in 2014: report

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Báo Thanh Niên English 2 month(s) ago

VietinBank's gross profit seen down at $342 mln in 2014: report

VietinBank, Vietnam's top partly private bank, made a gross profit of 7.3 trillion dong ($342 million) last year, slightly above its annual target but down 5.8 percent from 2013, an official newspaper reported on Friday.

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Vietnam inflation slips to 10-year low as oil prices drag

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Báo Thanh Niên English 3 month(s) ago

Vietnam inflation slips to 10-year low as oil prices drag

Vietnam’s inflation finished 2014 at 4.09 percent, the lowest rate in 10 years, partly due to cheaper petrol costs.

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Exports of wood, wooden products rise

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Báo điện tử CP English 7 month(s) ago 1 related news

Exports of wood, wooden products rise

VGP – Viet Nam earned US$5.7 billion from exporting wood and wooden exports over the past seven months of 2014.

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Unemployment rate in Thailand expected to decrease

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VietnamPlus English 7 month(s) ago

The unemployment rate in Thailand is expected to fall in the second half of this year as the economy is likely to pick up, according to the National Economic and Social Development Board (NESDB)

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Cat Lai Port struggles with cargo overloading

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SaiGon GP English 9 month(s) ago

Cat Lai Port struggles with cargo overloading

Cargo volume via Cat Lai Port has highly surged in Ho Chi Minh City partly due to an increase in export and import turnover, according to Saigon Newport Corporation.

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Vietnam sees opportunity in Chinese tourist slump caused by marine standoff

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Báo Thanh Niên English 10 month(s) ago

Chinese tourist arrivals are decreasing, partly due to bilateral tensions that resurfaced last month, according to a spokesperson for Vietnam National Administration of Tourism (VNAT).

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Retail banking – a new game

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VietnamNet English 10 month(s) ago

Retail banking – a new game

VietNamNet Bridge – Commercial banks believe that retail banking is a new promising playing field that will produce high profits. But there have been complaints from clients about service quality at local banks.

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Commercial banks lower interest rate on debenture bonds

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VietnamNet English 10 month(s) ago

Commercial banks lower interest rate on debenture bonds

vietnamnet bridge – the long-bustling bond market unexpectedly cooled in the last two weeks, partly due to weak liquidity faced by several banks.

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European central banks renew gold agreement: ECB

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Báo Đầu Tư English 11 month(s) ago

European central banks renew gold agreement: ECB

A group of 21 European central banks said on Monday they have no plans to sell "significant" amounts of gold over the next five years.

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Vietnam banks shy away from lending, lower profit targets

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Báo Thanh Niên English 12 month(s) ago

Vietnam banks shy away from lending, lower profit targets

A customer fills out a form at Asia Commercial Bank in Ho Chi Minh City. PHOTO BY DIEP DUC MINH

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Vietnam's Maritime Bank to merge with smaller Mekong Development Bank

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Báo Thanh Niên English 12 month(s) ago 1 related news

Vietnam's Maritime Bank to merge with smaller Mekong Development Bank

Vietnam's Maritime Bank on Monday said it plans to merge with Mekong Development Bank (MDB) to boost the pair's financial strength and increase competitiveness.

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Vietnam loses on ODA because of high project prices, says former official

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Báo Thanh Niên English 12 month(s) ago

Vietnam loses on ODA because of high project prices, says former official

Rendering of a bridge on a section of the North-South Highway which links Ben Luc Town in the Mekong Delta and Long Thanh District, Dong Nai Province. The construction of this highway section, which is slated for beginning this year, is funded partly by Japanese aids.

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Pepper farmers expect bumper harvest, good prices

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VOV News English 12 month(s) ago 2 related news

Vietnamese pepper farmers are expecting a bumper year with an estimated output of 15,000 tonnes, up nearly 30,000 tonnes against last year, partly thanks to favourable weather conditions.

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