Vietnamese indices buoyed by banking stocks

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VietnamPlus English 7 hour(s) ago 1 related news

Vietnamese stocks jumped across the board on January 28, owing to the lift in banking shares amidst increasing selling pressure.

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TISCO to get $63.2 million to expand production

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Báo Đầu Tư English 8 hour(s) ago

TISCO to get $63.2 million to expand production

The Vietnam Development Bank's Bac Kan–Thai Nguyen branch intends to loan VND1,359 billion (US$63.2 million) to the Thai Nguyen Iron and Steel Joint Stock Corporation (TISCO) to expand production.

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State Bank calls for lending interest rates to be lowered

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VietNam News English 8 hour(s) ago

The State Bank of Viet Nam (SBV) on Tuesday announced its monetary policy execution for this year.

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Vietnamese indices buoyed by banking stocks

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VietNam News English 8 hour(s) ago 1 related news

Vietnamese stocks jumped across the board yesterday, owing to the lift in banking shares amidst increasing selling pressure.

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Circular regulates foreign currency lending

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VietNam News English 1 day(s) ago

The State Bank of Viet Nam (SBV) recently issued Circular No. 43/2014/TT-NHNN (December 25, 2014) on lending in foreign currency by credit institutions and foreign bank branches to residents. The circular applies to credit institutions and foreign bank branches authorised to conduct foreign-exchange activities and lending foreign currency to Borrowers (Lender), and residents borrowing from Lenders (Borrowers).

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HCM City targets 13 percent credit growth rate in 2015

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VietnamPlus English 2 day(s) ago

The State Bank of Vietnam’s Ho Chi Minh City branch has set targets of 13 percent credit growth rate, 12 percent deposit growth rate, under 3 percent bad debt ratio and better-than-last year business results in 2015, said the branch director To Duy Lam.

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Banks taking over financial firms shapes a growing trend

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VietnamNet English 2 day(s) ago

Banks taking over financial firms shapes a growing trend

VietNamNet Bridge – Marriages between banks and financial firms are forecast to be vibrant this year, but industry experts assume such deals could bring banks both advantages and disadvantages.

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SBV to boost Vietinbank, Vietcombank

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VietNam News English 2 day(s) ago 1 duplicate news 1 related news

SBV to boost Vietinbank, Vietcombank

The State Bank of Viet Nam (SBV) wants Vietinbank and Vietcombank to become the leading banks of Viet Nam, and boost their scale at the regional level.

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SBV wants Vietinbank, Vietcombank to become leading banks

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Báo Đầu Tư English 2 day(s) ago 1 related news

SBV wants Vietinbank, Vietcombank to become leading banks

The State Bank of Viet Nam (SBV) wants Vietinbank and Vietcombank to become the leading banks of Viet Nam, and boost their scale at the regional level.

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Challenges await banks this year

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VietnamNet English 2 day(s) ago

Challenges await banks this year

VietNamNet Bridge – Bankers said 2015 will remain a challenging year though some banks have reported higher earnings and there have been more positive signs in the local economy.

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Enterprises relish low corporate income tax

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VietnamPlus English 3 day(s) ago

A recently-released World Bank report showed that Vietnam’s effective corporate income tax rate (CIT) stands at 15.7 percent, proving to be more attractive than Singapore (17 percent), Indonesia (16.7 percent), Thailand (17.9 percent) and Malaysia (21 percent).

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DATC to buy 94 million USD Vinalines debt

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VietnamPlus English 3 day(s) ago 1 related news

The Debt and Asset Trading Corporation (DATC) is negotiating with some banks to buy nearly 2 trillion VND (94 million USD) of debt owned by the Vietnam National Shipping Lines (Vinalines).

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Experts believe in SBV's effort to keep forex rate under 2 pct

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VietnamPlus English 3 day(s) ago 1 related news

Experts said the State Bank of Vietnam (SBV) will succeed in keeping the VND-USD exchange rate from fluctuating to below 2 percent this year.

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Local stocks rally after ECB announces stimulus

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Báo Đầu Tư English 3 day(s) ago 2 related news

Local stocks rally after ECB announces stimulus

Stocks climbed more quickly towards the end of yesterday's session, boosted by improvement in investor confidence after the European Central Bank announced a big bond-buying programme worth up to one trillion euros (US$1.16 trillion).

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Eximbank connected to Banknetvn payment gateway

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Báo Thanh Niên English 3 day(s) ago

Vietnam Export Import Commercial Joint Stock Bank (Eximbank) has cooperated with Vietnam National Financial Switching JSC (Banknetvn) to provide payment services through the online payment gateway Bndebit.

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