Banks' equity up, assets down

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Báo Đầu Tư English 3 day(s) ago

Banks' equity up, assets down

The combined equity of all lenders in the domestic banking system reached nearly VNĐ580.3 trillion (US$25.8 billion) ending January, an increase of VNĐ2.3 trillion over the end of 2015.

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Positive investor confidence strengthens VN stocks

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Báo Đầu Tư English 3 day(s) ago

Positive investor confidence strengthens VN stocks

Vietnamese shares rose slightly on both local exchanges this morning as investor confidence in blue chips improved after the US central bank kept its rates unchanged.

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PM pledges favourable conditions for Japanese investors

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Báo Đầu Tư English 3 day(s) ago

PM pledges favourable conditions for Japanese investors

Vietnam has always created best possible conditions for foreign investors, including those from Japan, to invest in the country.

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Banks ask SBV to delay stricter rules

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Báo Đầu Tư English 3 day(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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Vietinbank to complete merger with smaller PGBank this year

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Báo Thanh Niên English 4 day(s) ago

Vietinbank to complete merger with smaller PGBank this year

Vietinbank, one of Vietnam's biggest lenders, is set to finish its merger with PGBank, controlled by state-owned fuel trader Petrolimex, after two years of planning, local media reported on Tuesday.

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PM pledges favourable conditions for Japanese investors

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Báo Dân Trí English 4 day(s) ago

PM pledges favourable conditions for Japanese investors

Vietnam has always created best possible conditions for foreign investors, including those from Japan, to invest in the country.

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Profit-taking pushes markets down

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Báo Đầu Tư English 4 day(s) ago

Profit-taking pushes markets down

Vietnamese shares retreated from Tuesday gains on both local exchanges this morning as investors looked for profits in blue chips.

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PM names four key tasks for banking sector

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Báo điện tử CP English 5 day(s) ago

PM names four key tasks for banking sector

VGP – The State Bank of Viet Nam (SBV) on April 26 organized a ceremony to celebrate its 65th founding anniversary and receive Ho Chi Minh Order, the third of its kind.

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Current account deficit rises to $542M in 4Q15

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VietStock FI English 4 day(s) ago

Cambodia's current account balance deficit was the equivalent of $542 million in the fourth quarter of 2015, the equivalent of 11.5 per cent of GDP, the National Bank of Cambodia said in a report released yesterday.

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Dollar slips, yen rises ahead of central bank meetings

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Báo Đầu Tư English 5 day(s) ago

Dollar slips, yen rises ahead of central bank meetings

The dollar slipped against the euro and the yen on Monday in a cautious market ahead of interest rate decisions by the Federal Reserve and Bank of Japan this week.

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Circular tightens offshore borrowings

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Báo Đầu Tư English 7 day(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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Firms adapt to anti-dollar drive

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Báo Đầu Tư English 7 day(s) ago

Firms adapt to anti-dollar drive

Domestic firms have taken the first measures in an effort to adapt to the State Bank of Viet Nam (SBV)'s new regulation on tightening foreign currency credit.

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Credit institutions and foreign banks to submit bad debt plans

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Báo Đầu Tư English 1 week(s) ago

Credit institutions and foreign banks to submit bad debt plans

The State Bank of Viet Nam (SBV) has requested credit institutions and foreign banks to intensify their credit quality and bad debt management and submit their bad debt handling plans.

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Vietnam's central bank allays concerns about sharp rise in offshore savings

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Báo Thanh Niên English 1 week(s) ago

Vietnam's central bank allays concerns about sharp rise in offshore savings

The State Bank of Vietnam has spoken up about a recent sharp rise in offshore savings of local banks, rejecting concerns that its monetary policy led to dollar funds moving overseas.

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Industrial park looks to expand its land bank

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VietStock FI English 1 week(s) ago

Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, is considering land purchases throughout the Kingdom and investment beyond its borders in an effort to boost its land bank, the company’s primary source of revenue.

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