How much is VAMC’s bond?

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VietnamNet English 3 hour(s) ago

How much is VAMC’s bond?

VietNamNet Bridge – The Vietnam Asset Management Company (VAMC), a powerful legal entity established to restructure the bad debts, would issue bonds to deal with the debts. What analysts are most interested in now is how much the bond and how high the interest rates will be.

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Interest rates unlikely to drop further

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Hanoi Times English 5 hour(s) ago 1 related news

The Hanoitimes - Interest rates may not be lowered for fear that local consumers will stop depositing their money in banks.

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Central bank continues to lower deposit rate cap

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Báo Tuổi Trẻ English 1 month(s) ago 1 related news

Central bank continues to lower deposit rate cap

The State Bank of Vietnam announced Tuesday that the ceiling rate for deposits of a term under 12 months will be lowered by 0.5 percentage points as of Wednesday, March 27.

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Interest rates unlikely to drop further

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VOV News English 22 hour(s) ago 1 related news

Interest rates unlikely to drop further

(VOV) - Interest rates may not be lowered for fear that local consumers will stop depositing their money in banks.

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Baoviet on the boil in first quarter

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Báo Đầu Tư English 24 hour(s) ago

Baoviet on the boil in first quarter

Baoviet Holdings has revealed a pre-tax profit of VND420 billion ($20.2 million) for 2013’s first quarter.

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Central bank dispels forex rate adjustment rumor

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Báo Tuổi Trẻ English 1 day(s) ago

Central bank dispels forex rate adjustment rumor

The State bank of Vietnam on Friday announced that there is no plan in adjusting the foreign exchange rates at the moment, following a wave to increase the US dollar selling prices from local banks.

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Lower interest rate hoped to encourage spending

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VietNam News English 1 day(s) ago

The lower deposit interest rate is expected to boost investments in the stock market, but the fact that billions of dong are sitting idly in investors' accounts tells a different story.

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Banks hike exchange rate again

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SaigonTimes English 2 day(s) ago

Banks hike exchange rate again

HCMC – Local banks increased the dong-U.S. dollar exchange rate to over VND21,000 on Thursday afternoon, with Techcombank quoting the rate at the upper limit of VND21,036 per dollar.

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Finance companies offer loans at sky high interest rates

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VietnamNet English 2 day(s) ago

Finance companies offer loans at sky high interest rates

VietNamNet Bridge – A lot of people have fallen into a trap set by finance companies. Promising simple administrative procedures, but the companies overcharge borrowers with exorbitant interest rtes.

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Nutrition industry grows well: Nielsen

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SaigonTimes English 2 day(s) ago

HCMC - Despite the continued slowdown in the economy, Vietnam’s nutrition industry saw a robust growth in the last 12 months, and local consumers still rate health as a major concern, only behind the economy and job security, according to findings from Nielsen’s Health and Nutrition Forum in HCMC on Thursday.

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Seminar talks micro finance interest rate, risks

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VietnamPlus English 2 day(s) ago 1 related news

A seminar on Vietnam ’s micro finance institutions held in Hanoi on May 16 focused on sustainable interest rates and risk management.

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VND9 trillion of soft loans for realty companies

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SaigonTimes English 3 day(s) ago

VND9 trillion of soft loans for realty companies

HCMC – The State Bank of Vietnam has issued a circular on providing low-interest loans to support the housing segment in line with Resolution 02/NQ-CP, under which as much as 30% or VND9 trillion of a credit line of VND30 trillion will be set aside for local property companies at an annual rate of 6%.

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Mortgage loan for social housing touches 6%

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Hanoi Times English 3 day(s) ago 1 related news

The Hanoitimes - The State Bank of Viet Nam and the Ministry of Construction o­n May 15 issued Circular 11 announcing an annual interest rate of 6% for loans used to purchase social houses.

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VDB mobilises 4.45 trillion VND from guaranteed bonds

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VietnamPlus English 3 day(s) ago 1 related news

The Vietnam Development Bank (VDB) mobilised 4.45 trillion VND from its Government-guaranteed bonds at a tender organised by the Hanoi Stock Exchange (HNX) on May 15.

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Major banks decide to reduce deposit interest rates

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

Several banks have decided to lower their deposit interest rates though the State Bank of Viet Nam (SBV) has kept its cap unchanged at 7.5 per cent.

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