Vietnam's public debt to near red line in 2016: PM

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Báo Thanh Niên English 3 week(s) ago

Vietnam's public debt to near red line in 2016: PM

Vietnam’s public debt will rise to 64.9 percent of the gross domestic product (GDP) in 2016, but will drop since to 60.2 percent in 2020, Prime Minister Nguyen Tan Dung says.

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Japan keen to invest in Vietnam’s support industries

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VietnamPlus English 2 week(s) ago

Japan keen to invest in Vietnam’s support industries

Japanese enterprises consider Vietnam’s support industries a prime opportunity for their investment.

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SBV to lower deposit & short-term lending interest rates

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Báo điện tử CP English 3 week(s) ago 1 related news

VGP – Since October 29, the State Bank of Viet Nam (SBV) will lower the interest rate ceiling in VND from 6% to 5.5% per year for short-term deposits (1-6 months long), said SBV Deputy Governor Nguyen Thi Hong.

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SBV to lower deposit & short-term lending interest rates

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Báo Đầu Tư English 3 week(s) ago 1 related news

SBV to lower deposit & short-term lending interest rates

Since October 29, the State Bank of Viet Nam (SBV) will lower the interest rate ceiling in VND from 6% to 5.5% per year for short-term deposits (1-6 months long), said SBV Deputy Governor Nguyen Thi Hong.

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Foreign exchange rate remains unchanged, says SBV

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VOV News English 1 month(s) ago 1 related news

Foreign exchange rate remains unchanged, says SBV

(VOV) -Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong on Oct. 6 affirmed that no adjustments have been made in the foreign exchange rate at present despite the price of US dollar is rising during these days.

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Lawmakers look at supervision of economic restructuring

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VOV News English 1 month(s) ago

Lawmakers look at supervision of economic restructuring

The implementation of economic restructuring processes in public investment, State-owned enterprises and the banking system was the focus of the National Assembly (NA) Standing Committee's 31st session on October 1.

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Young entrepreneurs urge State Bank to loosen monetary policy

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VietnamPlus English 1 month(s) ago 1 related news

Young entrepreneurs urge State Bank to loosen monetary policy

Young entrepreneurs have asked the State Bank of Viet Nam (SBV) to consider loosening monetary policy to inject more capital into the market and stimulate economic growth.

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Credit growth expected to hit 10 percent this year

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VietnamPlus English 2 month(s) ago 2 related news

The country’s credit growth is expected to reach 10 percent by year-end, lower than the target of 12-14 percent, said new Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong.

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Prime Minister appoints new deputy ministers

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VietnamNet English 3 month(s) ago

Prime Minister appoints new deputy ministers

VietNamNet Bridge - Prime Minister Nguyen Tan Dung has signed a decision to appoint the deputy ministers of the Ministry of Justice, the Ministry of Construction, the Ministry of Science and Technology and the deputy governor of the State Bank of Vietnam (SBV).

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Credit rating system needed to spur lending

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VietStock FI English 3 month(s) ago 1 related news

Credit rating system needed to spur lending

State Bank of Vietnam Deputy Governor Nguyen Phuoc Thanh recently stressed the need for local credit institutions to develop a corporate credit rating system to boost credit growth, but banks need to do better at mitigating their risk to control bad debts.

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Credit rating system needed to spur lending

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Báo Đầu Tư English 3 month(s) ago

Credit rating system needed to spur lending

State Bank of Vietnam Deputy Governor Nguyen Phuoc Thanh recently stressed the need for local credit institutions to develop a corporate credit rating system to boost credit growth, but banks need to do better at mitigating their risk to control bad debts.

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Japan’s Saitama city & HCMC to strengthen cooperation

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SaiGon GP English 3 month(s) ago

Japanese delegation led by the Saitama Deputy Governor Mr Yasuo Iwasaki visited and had a meeting with Deputy Chairman of the People’s Committee of Ho Chi Minh City Le Manh Ha, on August 7.

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Vietnam banks compete for licenses to operate in Myanmar

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VietnamNet English 4 month(s) ago 1 related news

Vietnam banks compete for licenses to operate in Myanmar

VietNamNet Bridge – The Bank for Investment and Development of Vietnam (BIDV) is the only Vietnamese bank of 25 foreign banks that have an opportunity to received one of 10 licenses in Myanmar.

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Credit growth rises in two largest cities

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VietNam News English 4 month(s) ago 1 related news

Total outstanding loans this month of Ha Noi-based credit institutions are estimated to inch up 0.5 per cent to nearly VND927 trillion (US$43.52 billion), according to the Ha Noi Statistics Office.

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Cambodia vows to assist search for Vietnamese soldiers’ remains

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VietnamPlus English 4 month(s) ago

The Military Region 3 of the Royal Cambodian Armed Forces and six provinces in the region have pledged to continue supporting the search for and repatriation of remains of Vietnamese volunteer soldiers who died in Cambodia during wartime.

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