Bad debts at $7b until March 31

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Báo Đầu Tư English 5 day(s) ago 1 related news

Total non-performing loans (NPLs) of the entire credit institutions (CI) system until March 31, 2017 were VND160 trillion (US$7 billion).

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Make or break: private sector crunch time

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Báo Đầu Tư English 1 week(s) ago

As learned from the examples of successful industrial economies, large corporations in the Vietnamese private sector will play a strategic role in economic growth. To boost the private sector’s global competitiveness, Vietnam needs to reform its business environment.

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Two arrested for sabotaging rival pork vendor with dirty liquid in northern Vietnam

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

Two suspects in a rival’s sabotage in which a vendor in the northern city of Hai Phong had her pork doused in dirty liquid earlier this week have been arrested on charges of “destroying assets,” police said on Saturday.

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The many tastes of M&A: the happy unions, the constant fights and the arranged marriages

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Báo Đầu Tư English 2 week(s) ago

Mergers and Acquisitions (M&A) usually start with friendly handshakes, but underneath the friendly facade there are several intense battles to manipulate enterprises. These different shades of the game make up a diverse M&A spectrum.

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Banks seek increased charter capital

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

It is the bank shareholders meeting season, and topping the agenda, besides the dividend payout ratio, is increasing their regulatory capital.

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Company director charged for fraud

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Báo Đầu Tư English 3 week(s) ago

Hà Nội People’s Procuracy plans to charge a director of two companies for fraudulent appropriation of assets, under suspicion of appropriating billions of Vietnamese đồngfrom those desiring to work overseas.

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New virtual 'bilur' currency, tied to oil, takes aim at bitcoin

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Báo Đầu Tư English 3 week(s) ago

GENEVA: A new virtual currency launched on Tuesday (May 2) aims to rival industry leader bitcoin by pegging its value to hard oil assets, a first in the rapidly growing digital money sector.

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U.S. sanctions hundreds of employees of Syrian research center

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Báo Dân Trí English 1 month(s) ago

The United States on Monday blacklisted 271 employees of a Syrian government agency it said was responsible for developing chemical weapons, weeks after a poison gas attack killed scores of people in a rebel-held province in Syria.

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PVI confident of prospects after PVN divestment

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Báo Đầu Tư English 1 month(s) ago

According to the materials for the shareholders’ meeting to be held on April 27, PVI Holdings is going to submit a plan of expanding the foreign ownership limit to 100 per cent for consideration.

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Gov’t discusses measures to address bad debt, weak credit institutions

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Báo điện tử CP English 1 month(s) ago

VGP – PM Nguyen Xuan Phuc on April 11 chaired a Government’s meeting on law establishment to discuss the Law project on restructuring credit organizations and addressing bad debt, and suggestions on amending and supplementing laws related to the Planning Law.

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Laws urgently needed for bad debt settlements: PM

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Báo Đầu Tư English 1 month(s) ago

Streamlining legal regulations and making a specific law on restructuring of credit institutions and settling bad debts are very necessary and must be done urgently, Prime Minister Nguyễn Xuân Phúc said.

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Men arrested for stealing from rescuers of drowning students in central Vietnam

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Báo Tuổi Trẻ English 1 month(s) ago

Police in the Central Highland’s Dak Nong Province have captured two men for looting the properties of two kind-hearted students when the latter were risking their lives to save others from drowning.

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Thailand sentences former national tourism leader 50 years in jail

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SaiGon GP English 2 month(s) ago

Former head of the Tourism Authority of Thailand Juthamas Siriwan on March 29 was sentenced to 50 years in prison for receiving 1.8 million USD in bribery to hand the right of hosting a film festival in Bangkok to three US companies 10 years ago, source from Vietnamnews.

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Earning reports, foreign buys to boost stocks

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

Vietnamese shares will continue to rise this week, according to securities analysts and brokerage companies, as foreign investors buy local assets. Positive first-quarter earnings reports and macroeconomic indicators to be released soon are also expected to influence this trend.

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Understanding Vietnamese wealthy

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Báo Đầu Tư English 2 month(s) ago

According to the 2016 Wealth Report, Vietnam had 168 super-rich people (with assets of $30 million and above) in 2015 and the number is going to increase to 403 by 2025. Seven out of the ten richest people on the Vietnamese stock market trade in real estates.

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