Vietnam’s SMEs positive about business future

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SaiGon GP English 13 hour(s) ago

Some 48 per cent of 501 Vietnamese small and medium-sized enterprises (SMEs), which participated in The Future of Business survey, have positive views about the current situation.

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Deutsche Bank expects Vietnam’s economic growth to accelerate in 2017

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SaiGon GP English 2 day(s) ago

Deutsche Bank Senior Economist Ms. Juliana Lee said: “Vietnam is expected to post a stronger GDP growth of 6.4% in 2017, up from 6.2% in 2016, supported by a sustained recovery in agriculture and exports. We also see Vietnam remaining on the path of reform to improve its long-term growth potential.”

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Cash payment declines by 2% in 6 years

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Báo Dân Trí English 3 day(s) ago

Cash as a mode of payment has declined in the country by 2 per cent in the past six years, from 14.02 per cent in 2010 to the current 12 per cent.

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Trump Treasury pick defends offshore investments, lending practices

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Báo Đầu Tư English 3 day(s) ago

WASHINGTON: President-elect Donald Trump's nominee to head the US Treasury on Thursday (Jan 19) fended off questions about previously undisclosed offshore investment firms and real-estate holdings, as well as his bank's foreclosure practices.

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Vietnamese banks dream of foreign investors

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Báo Đầu Tư English 4 day(s) ago

Many commercial banks want more relaxed restrictions on foreign ownership in order to raise capital, resolve bad debts, and speed up restructuring.

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In the face of regulation, banks list on the bourses

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Báo Đầu Tư English 5 day(s) ago

Vietnamese banks are rushing to list on stock bourses to comply with new rules, and respond to calls for better transparency.

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FOLs will help banks revamp

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Báo Đầu Tư English 5 day(s) ago

A rise in foreign ownership limits is needed to importantly help Vietnam speed up the local banking sector’s restructuring.

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Vietnamese banks named among the largest in Asia Pacific

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Báo Dân Trí English 5 day(s) ago

Seventeen Vietnamese banks have been named among the 500 strongest banks in Asia Pacific, according to a report released by the Asian Banker magazine.

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M&A in banking sector perking up for 2017

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Báo Đầu Tư English 6 day(s) ago

The year has only begun, but signs are pointed to an exciting time ahead for the banking sector with vigorous mergers and acquisitions (M&As) activities.

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Banks post higher performance for 2016

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Báo Đầu Tư English 6 day(s) ago

Several commercial banks have in the early days of 2017 posted positive business performance for 2016, with profits much higher than the previous year.

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SBV aims to hold inflation under 4% in 2017

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Báo Dân Trí English 7 day(s) ago

The State Bank of Vietnam (SBV) will control inflation under 4 per cent and stabilise the macro economy to reach a GDP growth of 6.7 per cent, as well as ensure a safe operation for the banking system, a high ranking official of SBV said.

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Dong strengthens against US dollar in early 2017

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Báo Đầu Tư English 1 week(s) ago

The dong has strengthened against the US dollar unexpectedly in the first two weeks of trading in 2017.

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State’s development investment credit plan passed

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Báo điện tử CP English 1 week(s) ago

VGP – PM Nguyen Xuan Phuc has inked a decision on State’s development investment credit plan for the Viet Nam Development Bank (VDB) and the Viet Nam Bank for Social Policies (VBSP) in 2017.

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Standard Chartered Bank: GDP may achieve 6.6% in 2017

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Báo điện tử CP English 1 week(s) ago

VGP - Standard Chartered Bank has forecasted that the Vietnamese economy may expand 6.6% in 2017 compared to the Government’s target of 6.7%.

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As VN banks digitise, customer service key

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Báo Đầu Tư English 1 week(s) ago

Customers must be at the centre of banks’ attention as they make a move towards digital transformation in an effort to adapt to a changing landscape of financial innovation and disruptive technologies.

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