Vietnam department head claims personal $887k villa complex funded by bank loans

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Báo Tuổi Trẻ English 1 month(s) ago

Few Vietnamese would turn to bank loans to finance a US$887,000 house buidling plan, but the director of a provincial department has asserted that it is how his 1.3 hectare villa complex was funded.

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Airport operator plans 25 per cent revenue increase

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Báo Đầu Tư English 1 month(s) ago

The Airports Corporation of Viet Nam (ACV) plans a 25 per cent year-on-year increase in revenue to VND13.3 trillion (US$583.6 million) this year.

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Vietnamese government to inspect assets of provincial department head

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam’s government inspectorate is set to clarify the ownership of assets including several villas and land plots said to belong to a government department head in the northern province of Yen Bai.

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Vietnam woman gets one-year jail term for breaking table edge

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Báo Tuổi Trẻ English 1 month(s) ago

A court in the northern Vietnamese province of Ha Nam has decided that breaking one edge of a stone table is a serious offence that deserves one year of imprisonment.

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Inferno engulfs warehouse in Ho Chi Minh City

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Báo Tuổi Trẻ English 1 month(s) ago

A massive fire at a large warehouse owned by a local company in Ho Chi Minh City caused severe damage to the facility and its assets.

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Moody's downgrades Sacombank

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Báo Đầu Tư English 1 month(s) ago

Ho Chi Minh City-based Sacombank’s long-term deposit and issuer ratings have been downgraded to Caa1 from B3 by Moody’s Investors Service. Its ratings outlook remains negative.

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Yahoo signs off, completes sale to Verizon

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

WASHINGTON: Internet pioneer Yahoo ended its two-decade run as an independent company on Tuesday (Jun 13), completing the sale of its core online assets to telecom giant Verizon.

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NA deputies continue plenary session

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Báo điện tử CP English 2 month(s) ago

VGP - A series of proposals to boost tourism were delivered on May 29 under the chair of National Assembly Chairwoman Nguyen Thi Kim Ngan.

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Bad debts at $7b until March 31

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Báo Đầu Tư English 2 month(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 2 month(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 month(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 month(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 month(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 month(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 month(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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