Vietnam premier approves debt asset company, central bank says

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Báo Thanh Niên English 4 day(s) ago 2 related news

Vietnamese Prime Minister Nguyen Tan Dung has approved a regulation to set up a debt asset management company to address bad loans in the country’s banking system, central bank Deputy Governor Le Minh Hung said today.

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Vietnam’s banks to sell bad debt to asset management company

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Báo Thanh Niên English 1 week(s) ago

Vietnam’s banks to sell bad debt to asset management company

Vietnam will force banks to sell bad debt to a soon-to-be established asset management company, according to State Bank of Vietnam Chief Inspector Nguyen Huu Nghia, as the government steps up efforts to revive the economy.

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Fake pope held in Rome for looking like John Paul II

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Báo Tuổi Trẻ English 2 week(s) ago 1 related news

Fake pope held in Rome for looking like John Paul II

A Slovak street performer dressed in white papal vestments has been detained and fined by the police in Rome for bearing too close a resemblance to the late John Paul II, the police said on Friday.

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Bloomberg queried on alleged reporter spying

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Báo Tuổi Trẻ English 2 week(s) ago 1 related news

Bloomberg News said Friday it was curbing reporter access to certain data on its financial terminals after reports claiming its journalists used the devices to spy on Wall Street banks.

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Fortune 500 profits near record; Wal-Mart is #1

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Báo Tuổi Trẻ English 2 week(s) ago

Fortune 500 profits near record; Wal-Mart is #1

The 500 largest US companies scored near-record profits last year and retailer Wal-Mart replaced ExxonMobil as the biggest revenue maker on the annual list, Fortune magazine said Monday.

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Vietinbank listed in Forbes Global 2000, again

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Báo Tuổi Trẻ English 1 month(s) ago 3 related news

Vietinbank listed in Forbes Global 2000, again

The Vietnam Joint Stock Commercial Bank for Industry and Trade, better known as Vietinbank, has been ranked 1,764th on Forbes Global 2000, Forbes' list of the world's biggest public corporations.

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US stocks slip after two record days

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Báo Đầu Tư English 1 month(s) ago

US stocks slip after two record days

US stocks closed lower Friday after two record-setting days, with sentiment dulled by poor US retail sales figures for March and more prospects of slow economic growth around the world.

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Trade surplus widens in Feb

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

Trade surplus widens in Feb

VGP – Viet Nam posted the trade surplus of US&900 million in February, sending to total figure in the first two months to nearly US$1.7 billion, according to official statistics.

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US stocks soar on 'cliff' hopes, housing data

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Báo Đầu Tư English 6 month(s) ago

US stocks soar on 'cliff' hopes, housing data

US stocks surged Monday on upbeat housing data and hopes that politicians will find a way to avoid the so-called "fiscal cliff" of automatic tax hikes and spending cuts in January.

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JPMorgan executives won't be charged in securities sale probes: WSJ

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Báo Tuổi Trẻ English 6 month(s) ago

JPMorgan executives won't be charged in securities sale probes: WSJ

The Securities and Exchange Commission (SEC) does not intend to charge any JPMorgan Chase & Co executives in two investigations relating to the allegedly fraudulent sale of mortgage-backed securities, the Wall Street Journal reported.

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Inflation accelerates in October for a second month

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Báo Thanh Niên English 7 month(s) ago

Vietnam’s inflation accelerated for a second month, reducing the scope to ease monetary policy and spur an economy set to grow at the slowest pace in 13 years.

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CPI feared to reach two-digit rate

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SaigonTimes English 8 month(s) ago

HANOI – Experts have expressed concern that inflation would rise towards a double-digit territory if the CPI growth momentum in September could not be restrained.

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JPMorgan Chase: VN’s CPI to stop surging

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Báo điện tử CP English 8 month(s) ago 8 related news

JPMorgan Chase: VN’s CPI to stop surging

VGP – Despite recording an unexpected monthly rise of 2.2% in September, Viet Nam’s consumer price index (CPI) will unlikely soar in the rest of 2012, according to JPMorgan Chase.

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JP Morgan Chase: Vietnam inflation bounces back

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VOV News English 8 month(s) ago

JP Morgan Chase: Vietnam inflation bounces back

(VOV) - Vietnam’s consumer price index (CPI) increased 2.2 percent September compared to the previous monthly average rise of 0.2 percent, but it is unlikely to rocket by the year’s end.

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JPMorgan faces money laundering probe: source

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Báo Tuổi Trẻ English 8 month(s) ago

JPMorgan Chase & Co's compliance with U.S. anti-money laundering laws is being reviewed by a banking regulator, a source said, making the largest U.S. bank the latest target of a wide investigation of how banks prevent transactions involving drug money and sanctioned countries.

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