ADB realigns operations to meet region's challenges

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VietnamPlus English 11 hour(s) ago

The Asian Development Bank (ADB) is realigning its operations to emphasize inclusiveness, build resilience, and strengthen support for middle-income countries, according to a midterm review report of its Strategy 2020, ADB’s long-term strategic framework.

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Vietcombank says 2014 gross profit to dip 4 pct y/y

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Báo Thanh Niên English 18 hour(s) ago

Vietcombank says 2014 gross profit to dip 4 pct y/y

Vietcombank, Vietnam's fourth-largest lender by assets, has projected its gross profit this year at 5.5 trillion dong ($261 million), or 4 percent lower than in 2013, it said in a statement.

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Dong Nai: Coffee export volume increases twofold

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VOV News English 20 hour(s) ago 2 related news

Dong Nai: Coffee export volume increases twofold

(VOV) -The southern province of Dong Nai has exported 100,000 tonnes of coffee in the first four months of the year, a two-fold increase compared to the same period last year, according to the provincial statistics office.

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Singaporean funds pour more money into attractive Vietnamese businesses

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VietnamNet English 20 hour(s) ago

Singaporean funds pour more money into attractive Vietnamese businesses

VietNamNet Bridge – While the year 2013 witnessed the “landing” of many investors from Japan, Thailand and the US, 2014 is the year of Singaporean investors, experts say.

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Banks change high-class personnel

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VietnamNet English 23 hour(s) ago

Banks change high-class personnel

VietNamNet Bridge – Mergers and turnovers in top management are the two outstanding trends in the banking sector of Vietnam this year.

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Vietcombank sells VND1 trillion in non-performing loans in 2014

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VOV News English 2 day(s) ago

Vietcombank sells VND1 trillion in non-performing loans in 2014

(VOV) - The Bank for Foreign Trade of Vietnam (Vietcombank) aims to control its non-performing loan (NPL) rate at 2.73% and sell VND1 trillion in NPLs to the Vietnam Asset Management Company (VAMC).

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Vietnam aims first debt sale of bank cleanup as growth slows

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Báo Thanh Niên English 3 day(s) ago

Vietnam aims first debt sale of bank cleanup as growth slows

Vietnam’s state asset management company aims to start selling bad debt from banks in the third quarter, stepping up efforts to overhaul lenders and spur economic growth.

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VBSP raises 300 billion VND from bond sales

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VOV News English 2 day(s) ago 1 related news

The Vietnam Bank for Social Policies (VBSP) raised VND300 billion (US$14.2 million) through government guaranteed bonds auctioned in Hanoi on April 22.

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VBSP raises 300 billion VND from bond sales

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VietnamPlus English 2 day(s) ago 1 related news

The Vietnam Bank for Social Policies (VBSP) raised 300 billion VND (14.2 million USD) through government guaranteed bonds auctioned in Hanoi on April 22.

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Non-performing loans ratio stays high in HCM City

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VOV News English 3 day(s) ago 2 related news

There were US$2.183 billion, worth of non-performing loans (NPLs) in Ho Chi Minh City at the end of March, accounting for 4.85 percent of the city's total loans.

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Non-performing loans ratio stays high in HCM City

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VietnamPlus English 3 day(s) ago 2 related news

There were 45.85 trillion VND, or 2.183 billion USD, worth of non-performing loans (NPLs) in Ho Chi Minh City at the end of March, accounting for 4.85 percent of the city's total loans.

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Non-performing loans ratio stays high in City

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VietNam News English 3 day(s) ago 2 related news

Non-performing loans ratio stays high in City

There were VND45.85 trillion, or US$2.183 billion, worth of non-performing loans (NPLs) in HCM City at the end of March, accounting for 4.85 per cent of the city's total loans.

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Changes needed to push housing stimulus package

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VietNam News English 3 day(s) ago

The State should amend regulations for receiving loans as part of the VND30 trillion (US$1.42 billion) stimulus package, to promote the future disbursement of loans, according to the Ministry Construction.

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

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Báo Thanh Niên English 3 day(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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PM approves project on improving power transmission

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VietnamPlus English 4 day(s) ago

PM approves project on improving power transmission

The Prime Minister has approved the content of a project aimed at improving the efficiency of the national power transmission network at a total investment of 897 million USD.

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