VN-Index slumps on oil, gas shares

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VietNam News English 2 day(s) ago 1 related news

The southern market extended losses yesterday as the foreign sector sold oil and gas stocks.

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Microsoft commits to building a mobile-first, cloud-first world in Vietnam

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Báo Đầu Tư English 4 day(s) ago

Microsoft commits to building a mobile-first, cloud-first world in Vietnam

Microsoft today reiterated its commitment to continue to grow its presence in Vietnam and contribute to building a first-class information technology infrastructure in the country at the “The Microsoft Cloud for Your Business” conference in Hanoi.

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Maritime Bank and MDB set to merge

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VietNam News English 4 day(s) ago 2 duplicate news 1 related news

State Bank of Viet Nam (SBV) Governor Nguyen Van Binh last week approved in principle the merger of the Maritime Bank and the Mekong Development Bank (MDB).

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Data digitalisation helps firms cut costs

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VietnamPlus English 2 week(s) ago

Many domestic firms have digitalised data and applied cloud computing to reduce operation and equipment costs at their information technology departments, heard a recent conference held by VMware Vietnam in Ho Chi Minh City.

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More banks enter into M&A deals

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VietnamNet English 2 week(s) ago

More banks enter into M&A deals

VietNamNet Bridge – Both VietinBank and PG Bank have confirmed their merger and acquisition (M&A) deal, as have Vietcombank and Saigon Bank, Sacombank and Southern Bank, BIDV and MHB, and Maritime Bank and MDB.

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24,000 firms pay taxes electronically

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VietnamPlus English 2 week(s) ago 1 duplicate news 1 related news

24,000 firms pay taxes electronically

Nearly 24,000 firms from 14 cities and provinces have paid their corporate taxes electronically since the e-filing system was launched over a year ago, said General Director of Taxation Bui Van Nam.

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FPT Corp tops VN30 in revenues

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VietNam News English 3 week(s) ago 1 duplicate news 1 related news

FPT Corp tops VN30 in revenues

Among the top 30 largest firms in terms of capitalisation and equity, the FPT Corporation (FPT) had the top revenue, which increased by 22 per cent over 2013 to VND50.3 trillion (US$2.4 billion).

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Banks pocket profits from personal loans

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VietNam News English 1 month(s) ago

Hoang Ngoc Hoa in HCM City's Tan Binh District needed money to buy a new house so she used the overdraft service of a commercial bank near her home, using her bank card to access a loan.

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BUSINESS IN BRIEF 29/1

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VietnamNet English 2 month(s) ago

Sacombank offers soft loans

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Vietnam considers six bank mergers in 2015

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Báo Đầu Tư English 2 month(s) ago 1 duplicate news 1 related news

Vietnam considers six bank mergers in 2015

Vietnam will be expecting six bank mergers and acquisitions as part of an effort to clean up Vietnam’s banking sectors in 2015.

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Banks to change hands in 2015

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VietnamNet English 2 month(s) ago

Banks to change hands in 2015

VietNamNet Bridge – The second phase of the bank restructuring process initiated by the State Bank is likely to start in 2015, and merger and acquisition (M&A) plans are also expected to finally occur this year.

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VN-Index closes on a high note

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VietnamPlus English 2 month(s) ago 1 related news

Shares gained on the Hochiminh Stock Exchange but finished in the red on the Hanoi Stock Exchange on January 12.

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Investors bullish on real estate in 2015

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VOV News English 2 month(s) ago

Investors bullish on real estate in 2015

(VOV) - A new policy allowing foreigners to invest in real estate is forecast to attract higher overseas remittances in 2015.

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Consumer lending may salvage credit growth target

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Báo Đầu Tư English 3 month(s) ago

Consumer lending may salvage credit growth target

After seeing very sluggish growth of 4.5 per cent in the first eight months of this year, credit grew by 10.22 per cent as of November 30 from the end of 2013, reported the State Bank of Vietnam (SBV), making the whole-year target of 12-14 per cent now more feasible.

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Banks cashing in on end-of-year remittances

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Báo Dân Trí English 3 month(s) ago

Banks cashing in on end-of-year remittances

Banks in Vietnam have stepped up competition to win the deposits of year-end remittances from overseas workers, which are a profitable source of income.

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