Credit growth expected to hit 10 percent this year

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VietnamPlus English 3 week(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 1 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 1 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 1 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 1 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 2 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 2 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 2 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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Vietnamese-born to be governor of South Australia

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Báo Dân Trí English 3 month(s) ago 1 related news

Vietnamese-born to be governor of South Australia

Vietnamese-born Le Van Hieu will become the first Asian migrant to become the Governor of South Australia in September, according to ABC News.

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Vietnamese-born to be governor of South Australia

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VOV News English 3 month(s) ago 1 related news

Vietnamese-born to be governor of South Australia

(VOV) -Vietnamese-born Le Van Hieu will become the first Asian migrant to become the Governor of South Australia in September, according to ABC News.

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Vietnam, Russia accelerate interbank payments

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VOV News English 3 month(s) ago

Vietnam, Russia accelerate interbank payments

(VOV) - Russia is making significant progress in bringing its commercial banking settlements up to international standards, a Vietnam-Russia Working Group for Inter-Bank Cooperation in Moscow announced on June 4.

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Vietnam donates rice to drought victims in Angola

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VOV News English 3 month(s) ago 1 related news

Vietnam donates rice to drought victims in Angola

(VOV) -The Vietnamese Embassy in Angola recently handed over 23 tonnes of rice to the southern province of Namibe which was severely affected by the prolonged drought.

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Vietnamese Culture Day held in Russian province

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VietnamPlus English 4 month(s) ago

Vietnamese Culture Day held in Russian province

Some distinctive features of Vietnamese culture have been revealed to the Russian public living in the province of Vladimir.

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Indonesia’s economic growth forecast revised down

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VietnamPlus English 4 month(s) ago

Bank Indonesia (BI) has lowered its prediction of the country’s economic growth in 2014, from its initial 5.5-5.9 percent to 5.1-5.5 percent, as its goods and service exports have dropped.

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Circular ownership in banking system easing, state bank says

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VietnamNet English 6 month(s) ago

Circular ownership in banking system easing, state bank says

VietNamNet Bridge – Cross-ownership, long considered a serious threat to the banking system, is on the wane, according to Dao Minh Tu, Deputy Governor of the State Bank of Vietnam. Some economists, however, disagree.

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