Tourism, infrastructure to support Thailand's economy this year: BOT Governor

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Báo Thanh Niên English 3 week(s) ago

Tourism, infrastructure to support Thailand's economy this year: BOT Governor

Thailand's record tourist arrivals and public works spending are expected to offset weak domestic demand and global economic drag, keeping Southeast Asia's second-largest economy on course for 3.1 percent growth this year, the central bank governor told Reuters in an interview.

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Singaporean sovereign fund eyes Vietcombank

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Báo Đầu Tư English 3 week(s) ago

Singaporean sovereign fund eyes Vietcombank

On August 5 GIC Pte., Ltd. (GIC) from Singapore announced that it is in talks to acquire at least a 7 per cent stake in Bank for Foreign Trade of Vietnam (Vietcombank), according to newswire Reuters.com.

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Vietnam, Thailand stocks fall on profit-taking

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam, Thailand stocks fall on profit-taking

July 6 (Reuters) - Vietnam shares retreated on Wednesday after hitting an eight-year high in the previous session as investors booked profits, while Thailand was marginally down, led by losses in energy and financial stocks.

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Slovenian bank was recipient named in failed Vietnam cyber-heist

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Báo Thanh Niên English 3 month(s) ago

Slovenian bank was recipient named in failed Vietnam cyber-heist

Cyber-criminals unsuccessfully tried to send money from a Vietnamese bank to a Slovenian one in December, but there have been no other cases of attempted fraudulent transfers identified in Vietnam, a top central bank official there said on Tuesday.

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Experts call Tay Ninh the bridge to ASEAN

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SaiGon GP English 4 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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Vietnam's Military Bank seeks double foreign ownership limit this month

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Báo Tuổi Trẻ English 6 month(s) ago

Vietnam's Military Bank seeks double foreign ownership limit this month

Military Commercial Bank (MB), Vietnam's fourth biggest listed lender by market value, expects to offer foreign investors an additional 10 percent stake this month in a bid to improve liquidity in the stock, a senior executive said.

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SE Asia stocks-Most markets set for losses in 2015, Vietnam outperforms

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Báo Thanh Niên English 8 month(s) ago

Southeast Asian stock markets ended down in thin trade on Thursday as investors stayed away ahead of holidays, with all markets posting losses in 2015 except for Vietnam.

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China suspends forex business for some foreign banks -sources

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Báo Thanh Niên English 8 month(s) ago

China suspends forex business for some foreign banks -sources

China's central bank has suspended at least three foreign banks from conducting some foreign exchange business until the end of March, three sources who had seen the suspension notices told Reuters on Wednesday.

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Vietnam seeks new tools to beat bad-debt woes

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Báo Thanh Niên English 11 month(s) ago 1 related news

Vietnam seeks new tools to beat bad-debt woes

Residents walk past the building of the Vietnam Asset Management Company in Hanoi, Vietnam October 8, 2015. Photo: REUTERS/Kham

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TPP countries watch out for ‘exchange rate game’

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VietnamNet English 11 month(s) ago

TPP countries watch out for ‘exchange rate game’

VietNamNet Bridge - Reuters has quoted reliable sources that say TPP member countries plan to sign an agreement not to devalue local currencies to boost their respective exports.

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Samsung Elec struggles to find fix for smartphone woes

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Báo Tuổi Trẻ English 11 month(s) ago

Samsung Elec struggles to find fix for smartphone woes

More than a year into the overhaul of its smartphone lineup, Samsung Electronics Co Ltd has yet to find a way to reverse a slide in market share or margins, clouding its growth outlook and fuelling investor impatience.

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Vietnam's SSI to remove foreign ownership cap from Sept

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Báo Thanh Niên English 13 month(s) ago

Vietnam's SSI to remove foreign ownership cap from Sept

Vietnam's Saigon Securities Inc said on Friday it would remove the foreign ownership cap on its shares from next month, in line with a government effort to boost investment in the stock market.

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Vietnam index posts biggest single-day jump in 15 months

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Báo Thanh Niên English 13 month(s) ago

Vietnam's benchmark VN Index ended up 3 percent on Wednesday, its biggest jump in 15 months, after the government reassured it will maintain the country's economic growth target and keep the dollar/dong rate stable until the year-end.

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Vietnam index falls 2.7 pct in higher volume

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Báo Thanh Niên English 13 month(s) ago

Vietnam index falls 2.7 pct in higher volume

Vietnam's benchmark VN Index fell 2.68 percent at the break on Friday, trimming losses in early trade as investors sold energy and banking stocks among other blue chips, lifting volumes.

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China funds hold $161 billion in 'ammunition' to re-enter stock market: media

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Báo Thanh Niên English 13 month(s) ago

China funds hold $161 billion in 'ammunition' to re-enter stock market: media

Close to 300 China funds that oversee more than 1 trillion yuan ($161.04 billion) are sitting on the sidelines with "ammunition" to enter the stock markets at any time, the Shanghai Securities News reported on Friday, citing its own calculations.

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