Banking still on a growth path

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VietStock FI English 2 day(s) ago

Banking still on a growth path

Total deposits and loans in Cambodia’s banking sector increased last year, albeit at a slower pace than in 2014, as banks and microlenders continued to expand their activities, a report released yesterday by the central bank showed.

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Nearly 11,000 new firms set up in April

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Báo Dân Trí English 3 day(s) ago

Nearly 11,000 new firms set up in April

As many as 10,954 enterprises were formed in April with total registered capital of VNĐ62.2 trillion (over US$2.7 billion), according to the General Statistics Office (GSO).

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Nearly new 11,000 businesses in April

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SaiGon GP English 6 day(s) ago

Nearly new 11,000 businesses in April

The General Statistics Office has reported that Vietnam saw 10,954 businesses established with the total capital of VND62.2 trillion (US$2.79 billion) in April, up 19.2 percent in number and 21.3 percent in capital.

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HCM City: 100 businesses established each day

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Báo Đầu Tư English 1 week(s) ago

HCM City: 100 businesses established each day

As of April 15, as many as 10,450 enterprises, including 225 private ones, 1,186 joint-stock ones and 9,038 limited liability ones were established in Ho Chi Minh City, according to the city’s Customs Department.

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Real estate M&As spiked in first quarter

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Báo Đầu Tư English 2 week(s) ago

Real estate M&As spiked in first quarter

The real estate market in Vietnam has seen groundbreaking merger and acquisition deals during this year’s first quarter, with the total monetary volume reaching several hundred million dollars.

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Short tenor bonds surge in first quarter

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Báo Đầu Tư English 2 week(s) ago

Short tenor bonds surge in first quarter

In the first quarter of this year, the total traded value of bonds and bills in the secondary market via outright and repo transactions was VND258.99 trillion ($11.6 billion), up by nearly 30 per cent from the start of the quarter, and up 9.45 per cent compared to the same period last year. Although outright transactions declined 5.69 per cent year-on-year, they still dominated the secondary market, contributing 63.16 per cent of the total transaction volume, equal to VND163.57 trillion...

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Local banks miss the mark on yearly targets

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Báo Đầu Tư English 3 week(s) ago

Local banks miss the mark on yearly targets

While banks have revealed optimistic profit targets for 2016, actual figures may be more modest due to the risk provisions banks must set aside likely eating into their earnings.

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Vietnam's banks grow stronger in ASEAN top 100: report

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Báo Thanh Niên English 3 week(s) ago 1 related news

Vietnam's banks grow stronger in ASEAN top 100: report

An employee at a Vietcombank office in Hanoi arranges pack of dollar notes. Photo: Ngoc Thang

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FDI inflow to Vietnam up 125.2 percent in first quarter

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SaiGon GP English 3 week(s) ago

The foreign direct investment (FDI) inflow to Vietnam in the first quarter rose to US$2.74 billion, up 125.2 percent compared to the same period last year reported the Foreign Investment Agency under the Ministry of Planning and Investment.

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Vietnam’s seafood export sees good signs

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SaiGon GP English 1 month(s) ago

Vietnamese shrimp export has seen positive signs in first two months of the year, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).

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Toll increase proposed in Cau Gie-Ninh Binh expressway

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SaiGon GP English 1 month(s) ago

Toll increase proposed in Cau Gie-Ninh Binh expressway

Vietnam Expressway Corporation (VEC) yesterday proposed the Ministry of Transport to permit a toll increase of VND500 in Cau Gie-Ninh Binh expressway taking the total fee to VND2,000 a kilometer.
Cau Gie-Ninh Binh Expressway (Photo: SGGP)

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Binh Dinh attracts $137m in investment in Q1

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Báo Đầu Tư English 1 month(s) ago

Binh Dinh attracts $137m in investment in Q1

The central province of Binh Dinh granted eight investment certificates and issued new business certificates to 167 enterprises with total registered capital hitting VND3.16 trillion (US$137 million) in the first quarter of this year.

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Exports to China up 10.38%

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Báo điện tử CP English 1 month(s) ago

Exports to China up 10.38%

VGP – Viet Nam gained US$1.1 billion from exporting to China in February, bringing the total export turnover in the first two months of the year to US$2.4 billion, a year-on-year increase of 10.38%.

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EU- largest buyer of VN's phones, electronics

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Báo điện tử CP English 1 month(s) ago

EU- largest buyer of VN's phones, electronics

VGP – The EU maintains the largest importer of phones and electronics made in Viet Nam in the first two months of 2016, with US$1.51 billion, up 10.8% and accounting for 32.1% of the total export turnover Viet Nam earned from these items, according to the Viet Nam Customs.

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Swifter footwear sales help push garment growth

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VietStock FI English 1 month(s) ago

Swifter footwear sales help push garment growth

Cambodia's garment sector – a key driver of the economy – exhibited modest growth last year, with total exports topping $6.3 billion in 2015, up from $5.8 billion one year earlier, according to an industry report released yesterday.

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