Big tycoons secretly gather resources to buy banks

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VietnamNet English 2 week(s) ago

Big tycoons secretly gather resources to buy banks

VietNamNet Bridge - The competition for shares of banks in the top 10 is getting stiffer: new buyers all are big tycoons with powerful financial capability.

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Vietnamese spend too much money on consumer goods, says NA deputy

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VietnamNet English 1 month(s) ago

Vietnamese spend too much money on consumer goods, says NA deputy

VietNamNet Bridge - Vietnamese, the citizens of a low-average income country as listed by the World Bank, are known in the world as spendthrifts, a National Assembly deputy has said.

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Economists warn of return of real-estate bubble

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VietnamNet English 2 month(s) ago

Economists warn of return of real-estate bubble

VietNamNet Bridge - The number of newly set up real estate firms has been on the rise, while commercial banks are pouring more money into real estate projects.

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Banks urged to cut interest rates

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VietNam News English 4 month(s) ago

It is necessary to further cut interest rates on long- and medium-term loans to enable companies to expand and invest in equipment and technology, the HCM City People's Committee has said.

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Soaring dollar lending boosts credit growth

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VietnamPlus English 7 month(s) ago 1 related news

A fast rise in dollar lending has bolstered banks credit growth and is expected to continue through year-end, the Vietnam Investment Review (VIR) reported on November 24.

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Soaring dollar lending rescues credit growth

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Báo Đầu Tư English 7 month(s) ago 1 related news

Soaring dollar lending rescues credit growth

A fast rise in dollar lending has bolstered banks credit growth and is expected to continue through year-end.

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Dollar soars as lending grows

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VietNam News English 8 month(s) ago

Dollar soars as lending grows

The foreign exchange rate between Vietnamese dong and the US dollar rose to its highest level since June 30 yesterday, hitting VND21,380 to the dollar amid soaring demand from enterprises near the end of the year.

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MPI suggests raising public debt ceiling to 68% of GDP

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VietnamNet English 8 month(s) ago

MPI suggests raising public debt ceiling to 68% of GDP

VietNamNet Bridge – The Ministry of Planning and Investment (MPI) has suggested raising the the average public debt for 2014-2020 to 68 percent of GDP from the current level set by the National Assembly at 65 percent.

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New legal framework needed to tackle NPLs

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VietnamNet English 8 month(s) ago

New legal framework needed to tackle NPLs

VietNamNet Bridge – A resolution on bad debt would be the only way to resolve legal obstacles for buyers to purchase bad debts, especially foreign investors, Le Xuan Nghia, member of the National Financial and Monetary Policy Advisory Council, has said.

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New legal framework needed to tackle NPLs

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VietnamPlus English 8 month(s) ago

A resolution on bad debt will be the only way to resolve legal obstacles for buyers to purchase bad debts, especially foreign investors, Le Xuan Nghia, member of the National Financial and Monetary Policy Advisory Council, has said.

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New legal framework needed to tackle NPLs

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VietNam News English 8 month(s) ago 1 related news

A resolution on bad debt would be the only way to resolve legal obstacles for buyers to purchase bad debts, especially foreign investors, Le Xuan Nghia, member of the National Financial and Monetary Policy Advisory Council, has said.

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Economic recovery forecast to boost stock market

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VietnamPlus English 11 month(s) ago 1 related news

Vietnam's stock market will consolidate in a gradual uptrend during the rest of the year, fuelled by expectations over stable macroeconomic recovery, according to Vietcombank Securities.

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Bank mergers mean capital difficulties for small firms

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Báo Dân Trí English 15 month(s) ago

Bank mergers mean capital difficulties for small firms

More small banks have been merging into larger banks in Vietnam, a trend that is expected to result in difficulties for small and new companies.

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Property market early rebound unlikely: economist

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VietnamPlus English 15 month(s) ago

Director of the Business Development Institute Le Xuan Nghia discussed with the Vietnam Investment Review why he is wary of the effect the property-oriented preferential credit packages will have on the market.

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Expert: Property market rebound unlikely

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Báo Đầu Tư English 15 month(s) ago

Expert: Property market rebound unlikely

Director of the Business Development Institute Le Xuan Nghia discussed why he is wary of what effect the property-oriented preferential credit packages will have on the market.

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